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REGISTERED NUMBER: 06481787 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

PENDRAGON VETS LIMITED

PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Contents of the Financial Statements
for the Year Ended 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PENDRAGON VETS LIMITED

Company Information
for the Year Ended 31 January 2023







DIRECTORS: S Johnson
L E Sanderson





REGISTERED OFFICE: Hamilton House
St Lukes Road
Kirkby Stephen
Cumbria
CA17 4HT





REGISTERED NUMBER: 06481787 (England and Wales)





ACCOUNTANTS: John Andrew Chartered Accountants
17-19 Market Street
KIRKBY STEPHEN
Cumbria
CA17 4QS

PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Balance Sheet
31 January 2023

31/1/23 31/1/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 38,687 44,420
38,687 44,420

CURRENT ASSETS
Stocks 102,318 105,407
Debtors 6 134,935 131,887
Cash at bank and in hand 1,036,531 903,062
1,273,784 1,140,356
CREDITORS
Amounts falling due within one year 7 351,744 201,140
NET CURRENT ASSETS 922,040 939,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

960,727

983,636

PROVISIONS FOR LIABILITIES 3,320 4,143
NET ASSETS 957,407 979,493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 957,307 979,393
SHAREHOLDERS' FUNDS 957,407 979,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Balance Sheet - continued
31 January 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by:




L E Sanderson - Director



S Johnson - Director


PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Notes to the Financial Statements
for the Year Ended 31 January 2023


1. STATUTORY INFORMATION

Pendragon Vets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
The amortisation of goodwill was reviewed in 2016, goodwill is currently being amortised at 10% straight line.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 275,000
AMORTISATION
At 1 February 2022
and 31 January 2023 275,000
NET BOOK VALUE
At 31 January 2023 -
At 31 January 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 29,976 93,943 123,919
Additions - 6,930 6,930
At 31 January 2023 29,976 100,873 130,849
DEPRECIATION
At 1 February 2022 10,788 68,711 79,499
Charge for year 1,199 11,464 12,663
At 31 January 2023 11,987 80,175 92,162
NET BOOK VALUE
At 31 January 2023 17,989 20,698 38,687
At 31 January 2022 19,188 25,232 44,420

PENDRAGON VETS LIMITED (REGISTERED NUMBER: 06481787)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Trade debtors 126,622 127,522
Other debtors 8,313 4,365
134,935 131,887

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Trade creditors 50,108 46,424
Taxation and social security 92,403 91,121
Other creditors 209,233 63,595
351,744 201,140