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REGISTERED NUMBER: 11332842 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Animal Matters Ltd

Animal Matters Ltd (Registered number: 11332842)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Animal Matters Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Miss G Holmes
Miss A Holmes





REGISTERED OFFICE: Animal Matters,
1 Byron Avenue
Lichfield
Staffordshire
WS14 9BX





REGISTERED NUMBER: 11332842 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
Curzon St. Business Centre
Curzon Street
Burton on Trent
Staffordshire
DE14 2DH

Animal Matters Ltd (Registered number: 11332842)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 16,000
Tangible assets 5 34,772 3,992
46,772 19,992

CURRENT ASSETS
Cash at bank 33,047 20,205

CREDITORS
Amounts falling due within one year 6 56,668 28,242
NET CURRENT LIABILITIES (23,621 ) (8,037 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,151

11,955

CREDITORS
Amounts falling due after more than one
year

7

(11,109

)

(11,109

)

PROVISIONS FOR LIABILITIES (758 ) (758 )
NET ASSETS 11,284 88

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,282 86
SHAREHOLDERS' FUNDS 11,284 88

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

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

The directors acknowledge their 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.

Animal Matters Ltd (Registered number: 11332842)

Balance Sheet - continued
30th 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 Board of Directors and authorised for issue on 28th January 2025 and were signed on its behalf by:





Miss G Holmes - Director


Animal Matters Ltd (Registered number: 11332842)

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

1. STATUTORY INFORMATION

Animal Matters Ltd 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. 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.

Turnover is recognised when services have been provided or goods delivered resulting in the company obtaining right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.


Animal Matters Ltd (Registered number: 11332842)

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

2. 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 5 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 20,000
AMORTISATION
At 1st May 2023 4,000
Charge for year 4,000
At 30th April 2024 8,000
NET BOOK VALUE
At 30th April 2024 12,000
At 30th April 2023 16,000

Animal Matters Ltd (Registered number: 11332842)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st May 2023 4,473 1,088 1,705 1,901 9,167
Additions 10,000 11,798 10,000 - 31,798
At 30th April 2024 14,473 12,886 11,705 1,901 40,965
DEPRECIATION
At 1st May 2023 2,711 594 746 1,124 5,175
Charge for year 351 480 - 187 1,018
At 30th April 2024 3,062 1,074 746 1,311 6,193
NET BOOK VALUE
At 30th April 2024 11,411 11,812 10,959 590 34,772
At 30th April 2023 1,762 494 959 777 3,992

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,671 4,928
Trade creditors 2,360 2,359
Taxation and social security 4,447 4,447
Other creditors 46,190 16,508
56,668 28,242

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 11,109 11,109