Jurassic Vets Limited 12993183 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 12993183 2023-05-01 2024-04-30 12993183 2024-04-30 12993183 core:RetainedEarningsAccumulatedLosses 2024-04-30 12993183 core:ShareCapital 2024-04-30 12993183 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 12993183 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 12993183 bus:SmallEntities 2023-05-01 2024-04-30 12993183 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 12993183 bus:FullAccounts 2023-05-01 2024-04-30 12993183 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12993183 bus:RegisteredOffice 2023-05-01 2024-04-30 12993183 bus:Director1 2023-05-01 2024-04-30 12993183 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12993183 core:Goodwill 2023-05-01 2024-04-30 12993183 core:LandBuildings 2023-05-01 2024-04-30 12993183 core:OfficeEquipment 2023-05-01 2024-04-30 12993183 core:PlantMachinery 2023-05-01 2024-04-30 12993183 countries:EnglandWales 2023-05-01 2024-04-30 12993183 2023-04-30 12993183 2022-05-01 2023-04-30 12993183 2023-04-30 12993183 core:RetainedEarningsAccumulatedLosses 2023-04-30 12993183 core:ShareCapital 2023-04-30 12993183 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 12993183 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 12993183

Jurassic Vets Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 April 2024

 

Jurassic Vets Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Jurassic Vets Limited

(Registration number: 12993183)
Abridged Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

10,455

11,070

Tangible assets

5

143,278

161,155

 

153,733

172,225

Current assets

 

Stocks

24,673

25,347

Debtors

57,525

51,165

Cash at bank and in hand

 

28,076

36,721

 

110,274

113,233

Creditors: Amounts falling due within one year

(144,695)

(164,807)

Net current liabilities

 

(34,421)

(51,574)

Total assets less current liabilities

 

119,312

120,651

Creditors: Amounts falling due after more than one year

(104,608)

(120,559)

Provisions for liabilities

(11,827)

-

Net assets

 

2,877

92

Capital and reserves

 

Called up share capital

60

60

Profit and loss account

2,817

32

Total equity

 

2,877

92

 

Jurassic Vets Limited

(Registration number: 12993183)
Abridged Balance Sheet as at 30 April 2024

For the financial year ending 30 April 2024 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 his 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 16 January 2025
 

Mr P Martin

Director

 

Jurassic Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

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:
12 Woolbrook Road
Sidmouth
Devon
EX10 9UU

These financial statements were authorised for issue by the director on 16 January 2025.

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.

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.

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

Land and buildings

Straight line 10%

Plant and machinery

Reducing balance 25%

Office equipment

Straight line 25%

 

Jurassic Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

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

Straight line 5%

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 23 (2023 - 19).

 

Jurassic Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 May 2023

12,300

At 30 April 2024

12,300

Amortisation

At 1 May 2023

1,230

Amortisation charge

615

At 30 April 2024

1,845

Carrying amount

At 30 April 2024

10,455

At 30 April 2023

11,070

5

Tangible assets

Total
£

Cost or valuation

At 1 May 2023

227,228

Additions

13,066

At 30 April 2024

240,294

Depreciation

At 1 May 2023

66,073

Charge for the year

30,943

At 30 April 2024

97,016

Carrying amount

At 30 April 2024

143,278

At 30 April 2023

161,155

6

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 £319,125 (2023 - £341,625).