Stapeley Veterinary Practice Limited 06469076 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true true 06469076 2022-04-01 2023-03-31 06469076 2023-03-31 06469076 core:RetainedEarningsAccumulatedLosses 2023-03-31 06469076 core:ShareCapital 2023-03-31 06469076 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06469076 core:FurnitureFittings 2023-03-31 06469076 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 06469076 core:LandBuildings core:ShortLeaseholdAssets 2023-03-31 06469076 core:MotorVehicles 2023-03-31 06469076 core:OfficeEquipment 2023-03-31 06469076 bus:SmallEntities 2022-04-01 2023-03-31 06469076 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06469076 bus:FullAccounts 2022-04-01 2023-03-31 06469076 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06469076 bus:RegisteredOffice 2022-04-01 2023-03-31 06469076 bus:Director1 2022-04-01 2023-03-31 06469076 bus:Director2 2022-04-01 2023-03-31 06469076 bus:Director3 2022-04-01 2023-03-31 06469076 bus:Director4 2022-04-01 2023-03-31 06469076 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06469076 core:Goodwill 2022-04-01 2023-03-31 06469076 core:ComputerEquipment 2022-04-01 2023-03-31 06469076 core:FurnitureFittings 2022-04-01 2023-03-31 06469076 core:LandBuildings core:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06469076 core:LandBuildings core:ShortLeaseholdAssets 2022-04-01 2023-03-31 06469076 core:LeaseholdImprovements 2022-04-01 2023-03-31 06469076 core:MotorVehicles 2022-04-01 2023-03-31 06469076 core:OfficeEquipment 2022-04-01 2023-03-31 06469076 countries:AllCountries 2022-04-01 2023-03-31 06469076 2022-03-31 06469076 core:FurnitureFittings 2022-03-31 06469076 core:LandBuildings core:OwnedOrFreeholdAssets 2022-03-31 06469076 core:LandBuildings core:ShortLeaseholdAssets 2022-03-31 06469076 core:MotorVehicles 2022-03-31 06469076 core:OfficeEquipment 2022-03-31 06469076 2021-04-01 2022-03-31 06469076 2022-03-31 06469076 core:RetainedEarningsAccumulatedLosses 2022-03-31 06469076 core:ShareCapital 2022-03-31 06469076 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06469076 core:FurnitureFittings 2022-03-31 06469076 core:LandBuildings core:OwnedOrFreeholdAssets 2022-03-31 06469076 core:LandBuildings core:ShortLeaseholdAssets 2022-03-31 06469076 core:MotorVehicles 2022-03-31 06469076 core:OfficeEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06469076

Stapeley Veterinary Practice Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2023

 

Stapeley Veterinary Practice Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 6

 

Stapeley Veterinary Practice Limited

(Registration number: 06469076)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

96,645

40,467

Current assets

 

Stocks

26,084

19,894

Debtors

199,972

178,447

Cash at bank and in hand

 

16,012

51,593

 

242,068

249,934

Creditors: Amounts falling due within one year

(226,040)

(178,409)

Net current assets

 

16,028

71,525

Total assets less current liabilities

 

112,673

111,992

Provisions for liabilities

(18,362)

(7,688)

Net assets

 

94,311

104,304

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

94,211

104,204

Total equity

 

94,311

104,304

 

Stapeley Veterinary Practice Limited

(Registration number: 06469076)
Abridged Balance Sheet as at 31 March 2023

For the financial year ending 31 March 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 13 September 2023 and signed on its behalf by:
 

Mr N O Williams

Director

Mr BE Veenstra

Director

Mrs EH Veenstra-Broz

Director

Ms D Moelands

Director

 

Stapeley Veterinary Practice Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Gatehouse
Lordstone Lane
Bentlawnt
Shropshire
SY5 0EU

These financial statements were authorised for issue by the Board on 13 September 2023.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Short leasehold property

Straight line over the life of the lease

Computer equipment

33% straight line

 

Stapeley Veterinary Practice Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Fixtures and equipment

15% reducing balance

Motor vehicles

25% reducing balance

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10 years straight line

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2022 - 9).

 

Stapeley Veterinary Practice Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

4

Intangible assets

Total
£

Cost or valuation

At 1 April 2022

198,278

At 31 March 2023

198,278

Amortisation

At 1 April 2022

198,278

At 31 March 2023

198,278

Carrying amount

At 31 March 2023

-

5

Tangible assets

Land and buildings
£

Short leasehold land and buildings
£

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 April 2022

-

34,208

94,627

12,312

46,462

Additions

16,100

-

2,927

791

64,540

Disposals

-

-

-

-

(11,995)

At 31 March 2023

16,100

34,208

97,554

13,103

99,007

Depreciation

At 1 April 2022

-

34,208

60,220

11,966

40,748

Charge for the year

-

3,220

5,600

596

17,163

Eliminated on disposal

-

-

-

-

(10,394)

At 31 March 2023

-

37,428

65,820

12,562

47,517

Carrying amount

At 31 March 2023

16,100

(3,220)

31,734

541

51,490

At 31 March 2022

-

-

34,407

346

5,714

 

Stapeley Veterinary Practice Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Total
£

Cost or valuation

At 1 April 2022

187,609

Additions

84,358

Disposals

(11,995)

At 31 March 2023

259,972

Depreciation

At 1 April 2022

147,142

Charge for the year

26,579

Eliminated on disposal

(10,394)

At 31 March 2023

163,327

Carrying amount

At 31 March 2023

96,645

At 31 March 2022

40,467

6

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £131,897 (2022 - £145,138).