1 May 2022 false No description of principal activity Taxfiler 2023.9 12205991business:PrivateLimitedCompanyLtd2022-05-012023-04-30 122059912022-04-30 122059912022-05-012023-04-30 12205991business:AuditExemptWithAccountantsReport2022-05-012023-04-30 12205991business:FilletedAccounts2022-05-012023-04-30 122059912023-04-30 12205991business:Director12022-05-012023-04-30 12205991business:Director22022-05-012023-04-30 12205991business:Director32022-05-012023-04-30 12205991business:Director42022-05-012023-04-30 12205991business:CompanySecretary12022-05-012023-04-30 12205991business:RegisteredOffice2022-05-012023-04-30 122059912022-04-30 12205991core:WithinOneYear2023-04-30 12205991core:WithinOneYear2022-04-30 12205991core:AfterOneYear2023-04-30 12205991core:AfterOneYear2022-04-30 12205991core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 12205991core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 12205991core:SharePremiumcore:PreviouslyStatedAmount2023-04-30 12205991core:SharePremiumcore:PreviouslyStatedAmount2022-04-30 12205991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 12205991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 12205991core:PreviouslyStatedAmount2023-04-30 12205991core:PreviouslyStatedAmount2022-04-30 12205991business:SmallEntities2022-05-012023-04-30 12205991countries:EnglandWales2022-05-012023-04-30 12205991core:LandBuildings2022-05-012023-04-30 12205991core:PlantMachinery2022-05-012023-04-30 12205991core:FurnitureFittings2022-05-012023-04-30 12205991core:ComputerEquipment2022-05-012023-04-30 12205991core:LandBuildings2022-04-30 12205991core:PlantMachinery2022-04-30 12205991core:FurnitureFittings2022-04-30 12205991core:ComputerEquipment2022-04-30 12205991core:LandBuildings2023-04-30 12205991core:PlantMachinery2023-04-30 12205991core:FurnitureFittings2023-04-30 12205991core:ComputerEquipment2023-04-30 122059912021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 12205991 (England and Wales)
VETS 1 GROUP (KING'S LYNN) LIMITED Unaudited accounts for the year ended 30 April 2023
VETS 1 GROUP (KING'S LYNN) LIMITED Unaudited accounts Contents
Page
- 2 -
VETS 1 GROUP (KING'S LYNN) LIMITED Company Information for the year ended 30 April 2023
Directors
JEAVONS Darryl HAZELHURST Jessica HUBBLE Katharine Sarah POWER Simon POWER
Secretary
katharine Sarah power
Company Number
12205991 (England and Wales)
Registered Office
HOME FARM BARNS DOWNHAM ROAD, CRIMPLESHAM KING'S LYNN NORFOLK PE33 9DU UNITED KINGDOM
Accountants
Azoth Solutions Ltd Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
- 3 -
VETS 1 GROUP (KING'S LYNN) LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
242,102 
292,006 
Current assets
Inventories
31,248 
17,906 
Debtors
261,750 
133,207 
Cash at bank and in hand
10,064 
20,728 
303,062 
171,841 
Creditors: amounts falling due within one year
(578,969)
(505,573)
Net current liabilities
(275,907)
(333,732)
Total assets less current liabilities
(33,805)
(41,726)
Creditors: amounts falling due after more than one year
(38,585)
(64,923)
Provisions for liabilities
Deferred tax
(22,398)
(26,700)
Net liabilities
(94,788)
(133,349)
Capital and reserves
Called up share capital
202 
202 
Share premium
160 
160 
Profit and loss account
(95,150)
(133,711)
Shareholders' funds
(94,788)
(133,349)
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
JEAVONS Darryl HAZELHURST Director Company Registration No. 12205991
- 4 -
VETS 1 GROUP (KING'S LYNN) LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
VETS 1 GROUP (KING'S LYNN) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12205991. The registered office is HOME FARM BARNS, DOWNHAM ROAD, CRIMPLESHAM, KING'S LYNN, NORFOLK, PE33 9DU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% SLM
Plant & machinery
25% RBM
Fixtures & fittings
25% RBM
Computer equipment
25% RBM
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2022
250,084 
162,778 
824 
13,930 
427,616 
At 30 April 2023
250,084 
162,778 
824 
13,930 
427,616 
Depreciation
At 1 May 2022
57,660 
71,101 
386 
6,463 
135,610 
Charge for the year
25,008 
22,919 
110 
1,867 
49,904 
At 30 April 2023
82,668 
94,020 
496 
8,330 
185,514 
Net book value
At 30 April 2023
167,416 
68,758 
328 
5,600 
242,102 
At 30 April 2022
192,424 
91,677 
438 
7,467 
292,006 
- 5 -
VETS 1 GROUP (KING'S LYNN) LIMITED Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
214,893 
102,755 
Amounts due from group undertakings etc.
260 
260 
Accrued income and prepayments
33,946 
14,670 
Other debtors
12,651 
15,522 
261,750 
133,207 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
315 
568 
VAT
11,937 
16,456 
Obligations under finance leases and hire purchase contracts
26,338 
26,339 
Trade creditors
91,750 
42,739 
Amounts owed to group undertakings and other participating interests
440,170 
425,197 
Taxes and social security
5,995 
3,491 
Accruals
2,464 
1,678 
Deferred income
- 
(10,895)
578,969 
505,573 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
38,585 
64,923 
8
Average number of employees
During the year the average number of employees was 10 (2022: 10).
- 6 -