Company Registration No. NI618626 (Northern Ireland)
Drumlin Veterinary Limited
Unaudited accounts
for the year ended 30 June 2023
Drumlin Veterinary Limited
Unaudited accounts
Contents
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
Drumlin Veterinary Limited
Statement of financial position
as at 30 June 2023
Intangible assets
90,000
120,000
Tangible assets
23,366
29,207
Inventories
184,800
184,800
Cash at bank and in hand
10,388
2,163
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
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
Drumlin Veterinary Limited
Notes to the Accounts
for the year ended 30 June 2023
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.
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:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
30,000
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
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
At 30 June 2023
8,264
5,457
9,645
23,366
At 30 June 2022
10,330
6,821
12,056
29,207
Amounts falling due within one year
Trade debtors
377,260
313,290
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
87,606
65,749
Trade creditors
6,663
18,150
Taxes and social security
45,912
30,757
Loans from directors
9,890
43,279
8
Average number of employees
During the year the average number of employees was 12 (2022: 12).