REGISTERED NUMBER: |
Financial Statements |
for the Period 1 December 2020 to 31 December 2021 |
for |
4 Healthy Pets Ltd |
REGISTERED NUMBER: |
Financial Statements |
for the Period 1 December 2020 to 31 December 2021 |
for |
4 Healthy Pets Ltd |
4 Healthy Pets Ltd (Registered number: 12334157) |
Contents of the Financial Statements |
for the Period 1 December 2020 to 31 December 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
4 Healthy Pets Ltd |
Company Information |
for the Period 1 December 2020 to 31 December 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
and Statutory Auditors |
Roland House |
Princes Dock Street |
HULL HU1 2LD |
4 Healthy Pets Ltd (Registered number: 12334157) |
Balance Sheet |
31 December 2021 |
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
4 Healthy Pets Ltd (Registered number: 12334157) |
Notes to the Financial Statements |
for the Period 1 December 2020 to 31 December 2021 |
1. | STATUTORY INFORMATION |
4 Healthy Pets Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Turnover comprises revenue recognised by the company in respect of management fees charged to the parent company for provision of services. The turnover is based on costs incurred in providing services plus an agreed mark up. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
4 Healthy Pets Ltd (Registered number: 12334157) |
Notes to the Financial Statements - continued |
for the Period 1 December 2020 to 31 December 2021 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 December 2021 |
DEPRECIATION |
Charge for period |
At 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2021 | 2020 |
£ | £ |
Within one year |
Between one and five years |
4 Healthy Pets Ltd (Registered number: 12334157) |
Notes to the Financial Statements - continued |
for the Period 1 December 2020 to 31 December 2021 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 December 2020 |
Profit for the period |
At 31 December 2021 |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | RELATED PARTY DISCLOSURES |
During the year 4 Healthy Pets Limited invoiced 4 Healthy Pets NV management charges of £445,862 (2020 - £63,766). |
During the year 4 Healthy Pets NV paid costs totalling £398,045 (2020 - £72,718) on behalf of 4 Healthy Pets Limited. |
At the balance sheet date the company was owed £47,817 by its parent company 4 Healthy Pets NV (2020 - £8,952 was owed to 4 Healthy Pets NV). |
11. | ULTIMATE CONTROLLING PARTY |
The immediate parent company is 4 Healthy Pets NV, a company incorporated in Belgium. |
There is no ultimate controlling party. |