Coach House Vets Limited 05473938 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is veterinary surgeons. Digita Accounts Production Advanced 6.30.9574.0 true true false 05473938 2022-07-01 2023-06-30 05473938 2023-06-30 05473938 core:RetainedEarningsAccumulatedLosses 2023-06-30 05473938 core:ShareCapital 2023-06-30 05473938 core:SharePremium 2023-06-30 05473938 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 05473938 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 05473938 bus:SmallEntities 2022-07-01 2023-06-30 05473938 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 05473938 bus:FullAccounts 2022-07-01 2023-06-30 05473938 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 05473938 bus:RegisteredOffice 2022-07-01 2023-06-30 05473938 bus:Director1 2022-07-01 2023-06-30 05473938 bus:Director2 2022-07-01 2023-06-30 05473938 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05473938 core:Goodwill 2022-07-01 2023-06-30 05473938 core:FurnitureFittings 2022-07-01 2023-06-30 05473938 core:LeaseholdImprovements 2022-07-01 2023-06-30 05473938 core:MotorCars 2022-07-01 2023-06-30 05473938 core:OfficeEquipment 2022-07-01 2023-06-30 05473938 core:PlantMachinery 2022-07-01 2023-06-30 05473938 core:ParentEntities 2022-07-01 2023-06-30 05473938 core:ParentEntities core:RenderingOrReceivingServices 2022-07-01 2023-06-30 05473938 1 2022-07-01 2023-06-30 05473938 countries:England 2022-07-01 2023-06-30 05473938 2022-06-30 05473938 2021-07-01 2022-06-30 05473938 2022-06-30 05473938 core:RetainedEarningsAccumulatedLosses 2022-06-30 05473938 core:ShareCapital 2022-06-30 05473938 core:SharePremium 2022-06-30 05473938 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 05473938 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 05473938 core:ParentEntities core:RenderingOrReceivingServices 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 05473938

Coach House Vets Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2023

 

Coach House Vets Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 6

 

Coach House Vets Limited

(Registration number: 05473938)
Abridged Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

40,109

54,220

Tangible assets

5

81,998

68,590

 

122,107

122,810

Current assets

 

Stocks

32,555

39,753

Debtors

235,452

205,973

Cash at bank and in hand

 

230,639

211,719

 

498,646

457,445

Creditors: Amounts falling due within one year

(107,419)

(95,660)

Net current assets

 

391,227

361,785

Total assets less current liabilities

 

513,334

484,595

Creditors: Amounts falling due after more than one year

(46,536)

(63,081)

Provisions for liabilities

(7,384)

(9,748)

Net assets

 

459,414

411,766

Capital and reserves

 

Called up share capital

100

100

Share premium reserve

257,893

257,893

Profit and loss account

201,421

153,773

Total equity

 

459,414

411,766

 

Coach House Vets Limited

(Registration number: 05473938)
Abridged Balance Sheet as at 30 June 2023

For the financial year ending 30 June 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 22 January 2024 and signed on its behalf by:
 

Mr C Tufnell

Director

Mrs N C Tufnell

Director

 

Coach House Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

1

General information

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

The address of its registered office is:
Little Foxhold
Crookham Common
Thatcham
Berkshire
RG19 8EL

These financial statements were authorised for issue by the Board on 22 January 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements have been 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.

Group accounts not prepared

The financial statements present information about the company as an individual undertaking and not about its group. The group has taken advantage of the exemptions provided under section 248 of the Companies Act 1985 not to prepare consolidated accounts.

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.

 

Coach House Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 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

Short leasehold land and buildings

10% Straight line

Plant and machinery

25% Reducing balance

Fixtures and fittings

20% Reducing balance

Motor vehicles

25% Reducing balance

Office equipment

25% 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

5% Straight line

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Coach House Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

4

Intangible assets

Total
£

Cost or valuation

At 1 July 2022

282,221

At 30 June 2023

282,221

Amortisation

At 1 July 2022

228,001

Amortisation charge

14,111

At 30 June 2023

242,112

Carrying amount

At 30 June 2023

40,109

At 30 June 2022

54,220

5

Tangible assets

Total
£

Cost or valuation

At 1 July 2022

323,733

Additions

39,218

At 30 June 2023

362,951

Depreciation

At 1 July 2022

255,143

Charge for the year

25,810

At 30 June 2023

280,953

Carrying amount

At 30 June 2023

81,998

At 30 June 2022

68,590

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 £50,452 (2022 - £75,452).

7

Related party transactions

Summary of transactions with parent

Little Fox Holdings Ltd
 During the year the company paid £450,000 (2022 - £450,000) for services provided by Little Fox Holdings Ltd. At the balance sheet date the amount due from Little Fox Holdings was £106,659 (amount due from Little Fox Holdings in 2022 - £64,542).
 

 

Coach House Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

Expenditure with and payables to related parties

2023

Parent
£

Rendering of services

450,000

2022

Parent
£

Rendering of services

450,000

8

Parent and ultimate parent undertaking

The ultimate controlling party is C Tufnell & N Tufnell, directors of Little Fox Holdings Limited.