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REGISTERED NUMBER: 09819582 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Henwick Vets Limited

Henwick Vets Limited (Registered number: 09819582)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Henwick Vets Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J M Robinson
Mrs A Robinson
J J Hall





REGISTERED OFFICE: Bredicot Court
Spetchley
Worcester
Worcestershire
WR7 4QA





REGISTERED NUMBER: 09819582 (England and Wales)





ACCOUNTANTS: Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Henwick Vets Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Henwick Vets Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Henwick Vets Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Henwick Vets Limited and state those matters that we have agreed to state to the Board of Directors of Henwick Vets Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Henwick Vets Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Henwick Vets Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Henwick Vets Limited. You consider that Henwick Vets Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Henwick Vets Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB


3 January 2024

Henwick Vets Limited (Registered number: 09819582)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 30,000 45,000
Tangible assets 5 211,560 182,894
241,560 227,894

CURRENT ASSETS
Stocks 47,451 45,352
Debtors 6 47,283 69,075
Cash at bank 575,601 590,318
670,335 704,745
CREDITORS
Amounts falling due within one year 7 (219,945 ) (279,246 )
NET CURRENT ASSETS 450,390 425,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,950

653,393

PROVISIONS FOR LIABILITIES (9,313 ) (9,561 )
NET ASSETS 682,637 643,832

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 682,537 643,732
SHAREHOLDERS' FUNDS 682,637 643,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Henwick Vets Limited (Registered number: 09819582)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 January 2024 and were signed on its behalf by:




Mrs A Robinson - Director J M Robinson - Director




J J Hall - Director


Henwick Vets Limited (Registered number: 09819582)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Henwick Vets 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on cost

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 Income Statement, 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.

Henwick Vets Limited (Registered number: 09819582)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 150,000
AMORTISATION
At 1 December 2022 105,000
Charge for year 15,000
At 30 November 2023 120,000
NET BOOK VALUE
At 30 November 2023 30,000
At 30 November 2022 45,000

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 December 2022 132,572 55,065 16,245
Additions 29,973 22,691 232
At 30 November 2023 162,545 77,756 16,477
DEPRECIATION
At 1 December 2022 - 37,283 5,378
Charge for year - 10,182 3,295
At 30 November 2023 - 47,465 8,673
NET BOOK VALUE
At 30 November 2023 162,545 30,291 7,804
At 30 November 2022 132,572 17,782 10,867

Henwick Vets Limited (Registered number: 09819582)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 51,980 1,784 257,646
Additions - - 52,896
At 30 November 2023 51,980 1,784 310,542
DEPRECIATION
At 1 December 2022 31,188 903 74,752
Charge for year 10,396 357 24,230
At 30 November 2023 41,584 1,260 98,982
NET BOOK VALUE
At 30 November 2023 10,396 524 211,560
At 30 November 2022 20,792 881 182,894

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 26,818 28,123
Other debtors 3,548 3,548
Directors' current accounts - 20,462
Prepayments 16,917 16,942
47,283 69,075

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 58,741 52,375
Tax 49,301 83,858
Social security and other taxes 13,759 15,492
VAT 57,605 52,039
Directors' current accounts 36,639 58,409
Accrued expenses 3,900 17,073
219,945 279,246

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A Robinson.