Animalism Limited 08413187 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is the provision of veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 08413187 2022-04-01 2023-03-31 08413187 2023-03-31 08413187 core:RetainedEarningsAccumulatedLosses 2023-03-31 08413187 core:ShareCapital 2023-03-31 08413187 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08413187 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 08413187 bus:SmallEntities 2022-04-01 2023-03-31 08413187 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08413187 bus:FullAccounts 2022-04-01 2023-03-31 08413187 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08413187 bus:RegisteredOffice 2022-04-01 2023-03-31 08413187 bus:Director1 2022-04-01 2023-03-31 08413187 bus:Director1 1 2022-04-01 2023-03-31 08413187 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08413187 core:Goodwill 2022-04-01 2023-03-31 08413187 core:FurnitureFittings 2022-04-01 2023-03-31 08413187 countries:AllCountries 2022-04-01 2023-03-31 08413187 2022-03-31 08413187 2021-04-01 2022-03-31 08413187 2022-03-31 08413187 core:RetainedEarningsAccumulatedLosses 2022-03-31 08413187 core:ShareCapital 2022-03-31 08413187 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 08413187 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 08413187

Animalism Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2023

 

Animalism Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Animalism Limited

(Registration number: 08413187)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

-

25,749

Tangible assets

5

5,628

2,836

 

5,628

28,585

Current assets

 

Stocks

8,050

6,401

Debtors

89,629

46,535

Cash at bank and in hand

 

21,032

57,274

 

118,711

110,210

Creditors: Amounts falling due within one year

(100,010)

(83,935)

Net current assets

 

18,701

26,275

Total assets less current liabilities

 

24,329

54,860

Creditors: Amounts falling due after more than one year

(21,664)

(35,785)

Provisions for liabilities

(1,075)

(379)

Net assets

 

1,590

18,696

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

1,490

18,596

Total equity

 

1,590

18,696

 

Animalism Limited

(Registration number: 08413187)
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 director acknowledges his 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 director on 21 November 2023
 

Mr A Hess

Director

 

Animalism 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 the United Kingdom.

The address of its registered office is:
4 St Stephen's Hill
St Albans
Hertfordshire
AL1 2DS

These financial statements were authorised for issue by the director on 21 November 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.

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.

 

Animalism Limited

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

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

Fixtures and fittings

15% straight line

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% straight line

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 11 (2022 - 12).

4

Intangible assets

Total
£

Cost or valuation

At 1 April 2022

257,498

At 31 March 2023

257,498

Amortisation

At 1 April 2022

231,749

Amortisation charge

25,749

At 31 March 2023

257,498

Carrying amount

At 31 March 2023

-

At 31 March 2022

25,749

 

Animalism Limited

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

5

Tangible assets

Total
£

Cost or valuation

At 1 April 2022

43,766

Additions

5,628

At 31 March 2023

49,394

Depreciation

At 1 April 2022

40,930

Charge for the year

2,836

At 31 March 2023

43,766

Carrying amount

At 31 March 2023

5,628

At 31 March 2022

2,836

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 £4,620 (2022 - £7,260).

7

Related party transactions

Advances to directors


Mr A Hess

During the period Mr A Hess went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £93,354 (2022 - £51,523). At the year end the amount outstanding from Mr A Hess was £66,601 (2022 - £42,403). Interest has been charged at the commercial rate.