South London Emergency & Referal Clinic Ltd 03878055 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a veterinary clinic. Digita Accounts Production Advanced 6.30.9574.0 true 03878055 2023-01-01 2023-12-31 03878055 2023-12-31 03878055 core:RetainedEarningsAccumulatedLosses 2023-12-31 03878055 core:ShareCapital 2023-12-31 03878055 core:SharePremium 2023-12-31 03878055 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 03878055 bus:SmallEntities 2023-01-01 2023-12-31 03878055 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03878055 bus:FullAccounts 2023-01-01 2023-12-31 03878055 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03878055 bus:RegisteredOffice 2023-01-01 2023-12-31 03878055 bus:Director5 2023-01-01 2023-12-31 03878055 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03878055 core:FurnitureFittings 2023-01-01 2023-12-31 03878055 core:LeaseholdImprovements 2023-01-01 2023-12-31 03878055 countries:EnglandWales 2023-01-01 2023-12-31 03878055 2022-12-31 03878055 2022-01-01 2022-12-31 03878055 2022-12-31 03878055 core:RetainedEarningsAccumulatedLosses 2022-12-31 03878055 core:ShareCapital 2022-12-31 03878055 core:SharePremium 2022-12-31 03878055 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 03878055

South London Emergency & Referal Clinic Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2023

 

South London Emergency & Referal Clinic Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

South London Emergency & Referal Clinic Ltd

(Registration number: 03878055)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

14,491

15,917

Current assets

 

Stocks

8,338

9,453

Debtors

35,666

30,883

Cash at bank and in hand

 

99,042

100,475

 

143,046

140,811

Creditors: Amounts falling due within one year

(61,068)

(49,852)

Net current assets

 

81,978

90,959

Net assets

 

96,469

106,876

Capital and reserves

 

Called up share capital

19

19

Share premium reserve

63,981

63,981

Profit and loss account

32,469

42,876

Total equity

 

96,469

106,876

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 directors acknowledge their 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 Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 26 September 2024 and signed on its behalf by:
 

Mr D N Salisbury - Jones

Director

 

South London Emergency & Referal 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:
23 The High Parade
Streatham High Road
London
SW16 1EX

These financial statements were authorised for issue by the Board on 26 September 2024.

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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

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 income 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.

 

South London Emergency & Referal Clinic Ltd

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

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

Fixtures and fittings

15% reducing balance

Short leasehold property

Straight line over the period of the lease

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2022 - 12).

4

Tangible assets

Total
£

Cost or valuation

At 1 January 2023

154,895

Additions

1,130

At 31 December 2023

156,025

Depreciation

At 1 January 2023

138,978

Charge for the year

2,556

At 31 December 2023

141,534

Carrying amount

At 31 December 2023

14,491

At 31 December 2022

15,917

5

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £95,000 (2022 - £133,000).