Anchorage Barn Equine Clinic Ltd 07437138 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of providing equine veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 07437138 2023-01-01 2023-12-31 07437138 2023-12-31 07437138 core:RetainedEarningsAccumulatedLosses 2023-12-31 07437138 core:ShareCapital 2023-12-31 07437138 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07437138 bus:SmallEntities 2023-01-01 2023-12-31 07437138 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07437138 bus:FullAccounts 2023-01-01 2023-12-31 07437138 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07437138 bus:RegisteredOffice 2023-01-01 2023-12-31 07437138 bus:Director1 2023-01-01 2023-12-31 07437138 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07437138 core:Goodwill 2023-01-01 2023-12-31 07437138 core:Buildings 2023-01-01 2023-12-31 07437138 core:FurnitureFittings 2023-01-01 2023-12-31 07437138 core:MotorVehicles 2023-01-01 2023-12-31 07437138 countries:EnglandWales 2023-01-01 2023-12-31 07437138 2022-12-31 07437138 2022-01-01 2022-12-31 07437138 2022-12-31 07437138 core:RetainedEarningsAccumulatedLosses 2022-12-31 07437138 core:ShareCapital 2022-12-31 07437138 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07437138

Anchorage Barn Equine Clinic Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2023

 

Anchorage Barn Equine Clinic Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Anchorage Barn Equine Clinic Ltd

(Registration number: 07437138)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

41,047

46,911

Tangible assets

5

101,318

105,065

 

142,365

151,976

Current assets

 

Stocks

27,456

21,767

Debtors

103,195

48,519

Cash at bank and in hand

 

193,143

285,247

 

323,794

355,533

Creditors: Amounts falling due within one year

(60,710)

(148,989)

Net current assets

 

263,084

206,544

Total assets less current liabilities

 

405,449

358,520

Provisions for liabilities

(16,902)

(18,270)

Net assets

 

388,547

340,250

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

388,447

340,150

Total equity

 

388,547

340,250

For the financial year ending 31 December 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 director acknowledges her 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 director on 17 September 2024
 

D Verhulst

Director

 

Anchorage Barn Equine Clinic Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

1

General information

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

The address of its registered office is:
East Rudham
Kings Lynn
Norfolk
PE31 6TA

2

Accounting policies

Statement of compliance

These abridged financial statements were 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.

Revenue recognition

Turnover represents the amounts, excluding Value Added Tax, derived from the provision of goods and services during the period.

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.

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

Buildings

2% straight line

Motor vehicles

25% reducing balance

Fixtures and equipment

15% reducing balance

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses

 

Anchorage Barn Equine Clinic Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2022 - 6).

4

Intangible assets

Total
£

Cost or valuation

At 1 January 2023

117,278

At 31 December 2023

117,278

Amortisation

At 1 January 2023

70,367

Amortisation charge

5,864

At 31 December 2023

76,231

Carrying amount

At 31 December 2023

41,047

At 31 December 2022

46,911

5

Tangible assets

Total
£

Cost or valuation

At 1 January 2023

207,585

Additions

24,442

At 31 December 2023

232,027

Depreciation

At 1 January 2023

102,520

Charge for the year

28,189

At 31 December 2023

130,709

Carrying amount

At 31 December 2023

101,318

At 31 December 2022

105,065