ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

HOSPITAL TOPCO LIMITED - Company Information

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Caseware UK (AP4) 2022.0.179 2022.0.179 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.To act as a holding company.2021-04-01false11truetrue 09274988 2021-04-01 2022-03-31 09274988 2020-04-01 2021-03-31 09274988 2022-03-31 09274988 2021-03-31 09274988 c:Director1 2021-04-01 2022-03-31 09274988 d:CurrentFinancialInstruments 2022-03-31 09274988 d:CurrentFinancialInstruments 2021-03-31 09274988 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09274988 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 09274988 d:ShareCapital 2022-03-31 09274988 d:ShareCapital 2021-03-31 09274988 d:SharePremium 2022-03-31 09274988 d:SharePremium 2021-03-31 09274988 d:RetainedEarningsAccumulatedLosses 2022-03-31 09274988 d:RetainedEarningsAccumulatedLosses 2021-03-31 09274988 c:OrdinaryShareClass1 2021-04-01 2022-03-31 09274988 c:OrdinaryShareClass1 2022-03-31 09274988 c:OrdinaryShareClass1 2021-03-31 09274988 c:FRS102 2021-04-01 2022-03-31 09274988 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 09274988 c:FullAccounts 2021-04-01 2022-03-31 09274988 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 09274988 d:Subsidiary1 2021-04-01 2022-03-31 09274988 d:Subsidiary1 1 2021-04-01 2022-03-31 09274988 6 2021-04-01 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09274988










Hospital Topco Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 March 2022
 
Hospital Topco Limited
Registered number: 09274988

Balance sheet
As at 31 March 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
23,796
32,564

Cash at bank and in hand
 6 
741,604
1,080,854

  
765,400
1,113,418

Creditors: amounts falling due within one year
 7 
(3,152,670)
(3,406,135)

Net current liabilities
  
 
 
(2,387,270)
 
 
(2,292,717)

Total assets less current liabilities
  
(2,387,269)
(2,292,716)

  

Net liabilities
  
(2,387,269)
(2,292,716)


Capital and reserves
  

Called up share capital 
 8 
10
10

Share premium account
  
20,000
20,000

Profit and loss account
  
(2,407,279)
(2,312,726)

  
(2,387,269)
(2,292,716)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
D Duggins
Director
Date: 19 December 2022

The notes on pages 2 to 4 form part of these financial statements.

Page 1
 
Hospital Topco Limited
 

 
Notes to the financial statements
For the year ended 31 March 2022

1.


General information

Hospital Topco Limited is a private company, limited by share capital, and incorporated in England and Wales, registration number 09274988. The registered office address is 5 Chancery Lane, London, WC2A 1LG.
The financial statements are presented in sterling and rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption from preparing consolidated financial statements.

 
2.3

Going concern

As the company has no trading activity and it is likely that it will be wound up at some future time, the director has concluded that it is appropriate to prepare the financial statements on a basis other than that of a going concern.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2
 
Hospital Topco Limited
 

 
Notes to the financial statements
For the year ended 31 March 2022

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2021
1



At 31 March 2022
1





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

GHG Holdco 1 Limited
  3rd Floor, 44 Esplanade, 
St. Helier, Jersey, JE4 9WG
Non-trading
Ordinary
100%


5.


Debtors

2022
2021
£
£


Prepayments and accrued income
23,796
32,564



6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
741,604
1,080,854


Page 3
 
Hospital Topco Limited
 

 
Notes to the financial statements
For the year ended 31 March 2022

7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
3,148,230
3,148,230

Accruals and deferred income
4,440
257,905

3,152,670
3,406,135



8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100,000 (2021 - 100,000) Ordinary shares of £0.0001 each
10
10



9.


Related party transactions

The company did not enter into any related party transactions during the year. 


10.


Controlling party

The company has no controlling shareholder.


11.


First time adoption of FRS 102

For accounting periods ending 31 March 2021, the Company prepared its financial statements in
accordance with international accounting standards in conformity with the requirements of the Companies
Act 2006 and International Financial Reporting Standards. For the year ended 31 March 2022 the
Company has prepared its financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice. The comparative figures for the year ended 31 March 2021 have been restated
accordingly. There have been no changes to the previously reported results.


Page 4