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REGISTERED NUMBER: 04673747 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BAILDON VETERINARY CENTRE LIMITED

BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BAILDON VETERINARY CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Jill Marie Fraser
Janice Margaret Slater





REGISTERED OFFICE: 77-81 Browgate
Baildon
Shipley
West Yorkshire
BD17 6BY





REGISTERED NUMBER: 04673747 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,301 24,084
Investments 5 - 75,000
15,301 99,084

CURRENT ASSETS
Stocks 38,886 36,082
Debtors 6 28,332 3,189
Cash at bank and in hand 677,058 448,761
744,276 488,032
CREDITORS
Amounts falling due within one year 7 197,408 185,365
NET CURRENT ASSETS 546,868 302,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

562,169

401,751

PROVISIONS FOR LIABILITIES 3,519 4,328
NET ASSETS 558,650 397,423

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 558,550 397,323
558,650 397,423

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:




Jill Marie Fraser - Director



Janice Margaret Slater - Director


BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Baildon Veterinary Centre 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer Equipment - 33% on reducing balance

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 Profit and Loss Account, 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.

BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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.

INCOME RECOGNITION
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENTS
Investments in listed investments are recognised at market value.

FINANCE COSTS OF DEBT
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 18 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings Equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 75,238 52,013 22,118 7,385 156,754
Additions - 1,301 - - 1,301
At 31 March 2023 75,238 53,314 22,118 7,385 158,055
DEPRECIATION
At 1 April 2022 57,509 50,259 17,747 7,155 132,670
Charge for year 5,913 892 3,203 76 10,084
At 31 March 2023 63,422 51,151 20,950 7,231 142,754
NET BOOK VALUE
At 31 March 2023 11,816 2,163 1,168 154 15,301
At 31 March 2022 17,729 1,754 4,371 230 24,084

BAILDON VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 04673747)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
At 1 April 2022 75,000
Disposals (75,000 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 75,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 22,995 -
Other debtors 5,337 3,189
28,332 3,189

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 53,559 25,509
Taxation and social security 74,050 81,097
Other creditors 69,799 78,759
197,408 185,365

8. PENSION COMMITMENTS

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £6,186 (2022: £5,669).Contributions totalling £498 (2022: £549) were payable to the plan at the year end and are included in creditors.