Company Registration No. 12156961 (England and Wales)
OWL VETS LIMITED
Unaudited accounts
for the year ended 31 August 2023
OWL VETS LIMITED
Unaudited accounts
Contents
OWL VETS LIMITED
Company Information
for the year ended 31 August 2023
Directors
Dr Lucy Whitfield
Dr Olga Woolmer
Company Number
12156961 (England and Wales)
Registered Office
82 Suite A
82 James Carter Road
Mildenhall
Suffolk
IP28 7DE
OWL VETS LIMITED
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
305,699
134,871
Creditors: amounts falling due within one year
(99,783)
(107,958)
Net current assets
262,217
89,319
Called up share capital
2
2
Profit and loss account
262,978
90,578
Shareholders' funds
262,980
90,580
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by
Dr Lucy Whitfield
Director
Company Registration No. 12156961
OWL VETS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
OWL VETS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12156961. The registered office is 82 Suite A, 82 James Carter Road, Mildenhall, Suffolk, IP28 7DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
53,051
62,404
OWL VETS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
8,927
1,217
Taxes and social security
64,348
41,302
Loans from directors
-
44,634
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).