1 July 2022 false No description of principal activity Taxfiler 2023.14 NI618626business:PrivateLimitedCompanyLtd2022-07-012023-06-30 NI6186262022-06-30 NI6186262022-07-012023-06-30 NI618626business:AuditExemptWithAccountantsReport2022-07-012023-06-30 NI618626business:FilletedAccounts2022-07-012023-06-30 NI6186262023-06-30 NI618626business:Director12022-07-012023-06-30 NI618626business:Director22022-07-012023-06-30 NI618626business:Director32022-07-012023-06-30 NI618626business:CompanySecretary12022-07-012023-06-30 NI618626business:RegisteredOffice2022-07-012023-06-30 NI6186262022-06-30 NI618626core:WithinOneYear2023-06-30 NI618626core:WithinOneYear2022-06-30 NI618626core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 NI618626core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 NI618626core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 NI618626core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 NI618626core:PreviouslyStatedAmount2023-06-30 NI618626core:PreviouslyStatedAmount2022-06-30 NI618626business:SmallEntities2022-07-012023-06-30 NI618626countries:NorthernIreland2022-07-012023-06-30 NI618626core:PlantMachinery2022-07-012023-06-30 NI618626core:MotorVehicles2022-07-012023-06-30 NI618626core:FurnitureFittings2022-07-012023-06-30 NI618626core:Goodwill2022-06-30 NI618626core:Goodwill2023-06-30 NI618626core:Goodwill2022-07-012023-06-30 NI618626core:PlantMachinery2022-06-30 NI618626core:MotorVehicles2022-06-30 NI618626core:FurnitureFittings2022-06-30 NI618626core:PlantMachinery2023-06-30 NI618626core:MotorVehicles2023-06-30 NI618626core:FurnitureFittings2023-06-30 NI6186262021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. NI618626 (Northern Ireland)
Drumlin Veterinary Limited Unaudited accounts for the year ended 30 June 2023
Drumlin Veterinary Limited Unaudited accounts Contents
Page
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Drumlin Veterinary Limited Company Information for the year ended 30 June 2023
Directors
Mr Kevin Leonard Mr Seamus McGuiness Mr Frank McManus
Secretary
Mr Padraig McGuinness
Company Number
NI618626 (Northern Ireland)
Registered Office
52 Old Tempo Road Moneynoe Glebe or Chanterhill Enniskillen Co Fermanagh BT74 4RR Northern Ireland
Accountants
EMC Accountancy 21 Railway Street Belcoo Fermanagh BT93 5FJ
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Drumlin Veterinary Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
90,000 
120,000 
Tangible assets
23,366 
29,207 
113,366 
149,207 
Current assets
Inventories
184,800 
184,800 
Debtors
377,260 
318,290 
Cash at bank and in hand
10,388 
2,163 
572,448 
505,253 
Creditors: amounts falling due within one year
(187,660)
(171,836)
Net current assets
384,788 
333,417 
Total assets less current liabilities
498,154 
482,624 
Provisions for liabilities
Deferred tax
(4,356)
(4,361)
Net assets
493,798 
478,263 
Capital and reserves
Called up share capital
90 
90 
Profit and loss account
493,708 
478,173 
Shareholders' funds
493,798 
478,263 
For the 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 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 12 February 2024 and were signed on its behalf by
Mr Kevin Leonard Director Company Registration No. NI618626
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Drumlin Veterinary Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Drumlin Veterinary Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI618626. The registered office is 52 Old Tempo Road, Moneynoe Glebe or Chanterhill, Enniskillen, Co Fermanagh, BT74 4RR, Northern Ireland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
300,000 
At 30 June 2023
300,000 
Amortisation
At 1 July 2022
180,000 
Charge for the year
30,000 
At 30 June 2023
210,000 
Net book value
At 30 June 2023
90,000 
At 30 June 2022
120,000 
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Drumlin Veterinary Limited Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
42,861 
21,053 
18,524 
82,438 
At 30 June 2023
42,861 
21,053 
18,524 
82,438 
Depreciation
At 1 July 2022
32,531 
14,232 
6,468 
53,231 
Charge for the year
2,066 
1,364 
2,411 
5,841 
At 30 June 2023
34,597 
15,596 
8,879 
59,072 
Net book value
At 30 June 2023
8,264 
5,457 
9,645 
23,366 
At 30 June 2022
10,330 
6,821 
12,056 
29,207 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
377,260 
313,290 
Other debtors
- 
5,000 
377,260 
318,290 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
87,606 
65,749 
VAT
32,415 
12,911 
Trade creditors
6,663 
18,150 
Taxes and social security
45,912 
30,757 
Other creditors
5,174 
990 
Loans from directors
9,890 
43,279 
187,660 
171,836 
8
Average number of employees
During the year the average number of employees was 12 (2022: 12).
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