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REGISTERED NUMBER: 08859499 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Hambridge Vets Limited

Hambridge Vets Limited (Registered number: 08859499)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hambridge Vets Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr R M Hambridge BVSc MRCVS





REGISTERED OFFICE: Rowan House
7 West Bank
SCARBOROUGH
North Yorkshire
YO12 4DX





REGISTERED NUMBER: 08859499 (England and Wales)





ACCOUNTANTS: Asquith Accountants Ltd
Rowan House
7 West Bank
SCARBOROUGH
North Yorkshire
YO12 4DX

Hambridge Vets Limited (Registered number: 08859499)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 26,112 26,544
Investments 6 87,672 82,729
113,784 109,273

CURRENT ASSETS
Stocks 15,660 13,690
Debtors 7 31,223 30,412
Cash at bank and in hand 147,711 47,441
194,594 91,543
CREDITORS
Amounts falling due within one year 8 108,633 89,304
NET CURRENT ASSETS 85,961 2,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,745

111,512

PROVISIONS FOR LIABILITIES 5,972 4,762
NET ASSETS 193,773 106,750

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 193,673 106,650
SHAREHOLDERS' FUNDS 193,773 106,750

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

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

The director acknowledges his 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.

Hambridge Vets Limited (Registered number: 08859499)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





Mr R M Hambridge BVSc MRCVS - Director


Hambridge Vets Limited (Registered number: 08859499)

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

1. STATUTORY INFORMATION

Hambridge Vets 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.

2. ACCOUNTING POLICIES

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

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

Hambridge Vets Limited (Registered number: 08859499)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Other investments
The investments held is that of gold coins. These are legal tender and are therefore being held at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 120,000
AMORTISATION
At 1 May 2023
and 30 April 2024 120,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 70,195
Additions 4,998
At 30 April 2024 75,193
DEPRECIATION
At 1 May 2023 43,651
Charge for year 5,430
At 30 April 2024 49,081
NET BOOK VALUE
At 30 April 2024 26,112
At 30 April 2023 26,544

Hambridge Vets Limited (Registered number: 08859499)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023 82,729
Additions 4,943
At 30 April 2024 87,672
NET BOOK VALUE
At 30 April 2024 87,672
At 30 April 2023 82,729

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 8,689 6,783
Other debtors 22,534 23,629
31,223 30,412

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 5,421 9,285
Trade creditors 27,147 35,809
Taxation and social security 63,999 40,289
Other creditors 12,066 3,921
108,633 89,304

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 26,585 26,585
Between one and five years 106,340 106,340
In more than five years 26,585 53,170
159,510 186,095