Hampton (Midland Care) Limited Filleted accounts for Companies House (small and micro)
Hampton (Midland Care) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
10800654
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For the year ended |
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
7 |
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------------ |
------------ |
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Net current liabilities |
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------------ |
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Total assets less current liabilities |
(
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(
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Provisions |
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------------ |
--------- |
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Net liabilities |
(
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(
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------------ |
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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------------ |
--------- |
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Shareholders deficit |
(
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(
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------------ |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
13 December 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
10800654
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Notes to the Financial Statements |
Year ended 31 December 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 369 Wellingborough Road, Northampton, NN1 4EU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Revenue recognition
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Equipment |
- |
33% straight line |
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Government grants
Provisions
Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
40
(2020:
56
).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
|
Cost |
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At 1 January 2021 |
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|
560 |
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Additions |
– |
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– |
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-------- |
--------- |
---- |
--------- |
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At 31 December 2021 |
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560 |
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-------- |
--------- |
---- |
--------- |
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Depreciation |
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At 1 January 2021 |
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|
108 |
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Charge for the year |
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|
185 |
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-------- |
--------- |
---- |
--------- |
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At 31 December 2021 |
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|
293 |
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-------- |
--------- |
---- |
--------- |
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Carrying amount |
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At 31 December 2021 |
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267 |
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--------- |
---- |
--------- |
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At 31 December 2020 |
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452 |
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---- |
--------- |
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6.
Debtors
2021 |
2020 |
|
£ |
£ |
|
Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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--------- |
--------- |
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7.
Creditors:
amounts falling due within one year
2021 |
2020 |
|
£ |
£ |
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Bank loans and overdrafts |
– |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Social security and other taxes |
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Other creditors |
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Bank loans and overdrafts were secured against the assets to which they relate. During the year the group refinanced and as part of this the bank overdraft was repaid.
8.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2021 |
2020 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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Later than 5 years |
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9.
Contingencies
The previously provided cross guarantees for certain other group companies. During the year the group refinanced and these cross guarantees were removed.
10.
Summary audit opinion
The auditor's report for the year dated
14 December 2022
was
unqualified
.
The senior statutory auditor was
Jonathan Day
, for and on behalf of
Streets Audit LLP
.
11.
Related party transactions
Exemption is taken from disclosing group related party transactions as set out in FRS 102 section 1A.
12.
Controlling party
The company is a wholly owned subsidiary of Hampton (Midland) Limited, a company registered in England and Wales. The ultimate controlling party is Rochmills (Holdings) Limited, a company registered in England and Wales. Rochmills (Holdings) Limited prepare group consolidated financial statements. The address of the registered office is Burlington House, 369 Wellingborough Road, Northampton, England, NN1 4EU. The ultimate controlling party is J S Sehmi.