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REGISTERED NUMBER: 14918008 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6 JUNE 2023 TO 30 JUNE 2024

FOR

HIGHGATE VETERINARY CLINIC LIMITED

HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGHGATE VETERINARY CLINIC LIMITED

COMPANY INFORMATION
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024







DIRECTOR: B M Adcock





REGISTERED OFFICE: Unit 11
Highgate Farm
Over Road, Willingham
Cambridge
Cambridgeshire
CB24 5EU





REGISTERED NUMBER: 14918008 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

BALANCE SHEET
30 JUNE 2024

Notes £   
FIXED ASSETS
Property, plant and equipment 5 303,108

CURRENT ASSETS
Debtors 6 8,596
Cash at bank and in hand 25,173
33,769
CREDITORS
Amounts falling due within one year 7 (177,674 )
NET CURRENT LIABILITIES (143,905 )
TOTAL ASSETS LESS CURRENT LIABILITIES 159,203

CREDITORS
Amounts falling due after more than one
year

8

(286,888

)
NET LIABILITIES (127,685 )

CAPITAL AND RESERVES
Called up share capital 11 1
Retained earnings (127,686 )
SHAREHOLDERS' FUNDS (127,685 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:





B M Adcock - Director


HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Highgate Veterinary Clinic Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

At the balance sheet date the company's liabilities exceeded its assets by £127,685. The company continues to be supported by the director and as such is expected to meet its liabilities as they fall due. The financial statements have been prepared on a going concern basis.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 .

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 6 June 2023 193,984
Additions 135,941
At 30 June 2024 329,925
DEPRECIATION
Charge for period 26,817
At 30 June 2024 26,817
NET BOOK VALUE
At 30 June 2024 303,108
At 5 June 2023 193,984

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 8,596

HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 15,375
Hire purchase contracts (see note 9) 19,825
Trade creditors 35,365
Taxation and social security 19,272
Other creditors 87,837
177,674

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 196,875
Hire purchase contracts (see note 9) 90,013
286,888

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 133,625

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire
purchase
contracts
£   
Net obligations repayable:
Within one year 19,825
Between one and five years 90,013
109,838

Non-cancellable operating leases
£   
Within one year 18,000
Between one and five years 72,000
In more than five years 162,000
252,000

HIGHGATE VETERINARY CLINIC LIMITED (REGISTERED NUMBER: 14918008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 JUNE 2023 TO 30 JUNE 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 212,250
Hire purchase contracts 109,838
322,088

Outstanding hire purchase amounts are secured against assets to which they relate.

Bank loans are secured by fixed and floating charge over the assets of the company.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .

12. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £85,673. The amount is repayable on demand, bears no interest and is disclosed within creditors due in less than one year.