Dalehead Veterinary Group Limited 09445397 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is the provision of veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 09445397 2023-05-01 2024-04-30 09445397 2024-04-30 09445397 bus:Director6 1 2024-04-30 09445397 core:RetainedEarningsAccumulatedLosses 2024-04-30 09445397 core:ShareCapital 2024-04-30 09445397 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-04-30 09445397 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 09445397 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 09445397 core:MoreThanFiveYears 1 2024-04-30 09445397 1 2024-04-30 09445397 bus:SmallEntities 2023-05-01 2024-04-30 09445397 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 09445397 bus:FullAccounts 2023-05-01 2024-04-30 09445397 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09445397 bus:RegisteredOffice 2023-05-01 2024-04-30 09445397 bus:Director2 2023-05-01 2024-04-30 09445397 bus:Director4 2023-05-01 2024-04-30 09445397 bus:Director5 2023-05-01 2024-04-30 09445397 bus:Director6 2023-05-01 2024-04-30 09445397 bus:Director6 1 2023-05-01 2024-04-30 09445397 bus:Director7 2023-05-01 2024-04-30 09445397 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09445397 core:ComputerSoftware 2023-05-01 2024-04-30 09445397 core:Goodwill 2023-05-01 2024-04-30 09445397 core:Buildings 2023-05-01 2024-04-30 09445397 core:MotorCars 2023-05-01 2024-04-30 09445397 core:PlantMachinery 2023-05-01 2024-04-30 09445397 1 2023-05-01 2024-04-30 09445397 countries:England 2023-05-01 2024-04-30 09445397 2023-04-30 09445397 bus:Director6 1 2023-04-30 09445397 2022-05-01 2023-04-30 09445397 2023-04-30 09445397 bus:Director6 1 2023-04-30 09445397 core:RetainedEarningsAccumulatedLosses 2023-04-30 09445397 core:ShareCapital 2023-04-30 09445397 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 09445397 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 09445397 core:MoreThanFiveYears 1 2023-04-30 09445397 1 2023-04-30 09445397 bus:Director6 1 2022-05-01 2023-04-30 09445397 bus:Director6 1 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 09445397

Dalehead Veterinary Group Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 April 2024

 

Dalehead Veterinary Group Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 7

 

Dalehead Veterinary Group Limited

(Registration number: 09445397)
Abridged Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

17,175

29,806

Tangible assets

5

1,008,411

1,042,693

Other financial assets

6

2,000

2,000

 

1,027,586

1,074,499

Current assets

 

Stocks

7

186,238

186,609

Debtors

448,692

375,565

Cash at bank and in hand

 

398,808

332,394

 

1,033,738

894,568

Creditors: Amounts falling due within one year

(800,112)

(818,071)

Net current assets

 

233,626

76,497

Total assets less current liabilities

 

1,261,212

1,150,996

Creditors: Amounts falling due after more than one year

8

(207,620)

(258,156)

Provisions for liabilities

(46,428)

(48,059)

Net assets

 

1,007,164

844,781

Capital and reserves

 

Called up share capital

500

500

Profit and loss account

1,006,664

844,281

Total equity

 

1,007,164

844,781

 

Dalehead Veterinary Group Limited

(Registration number: 09445397)
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 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 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 Board on 25 January 2025 and signed on its behalf by:
 

Mr R Howarth

Director

Mr I Illingworth

Director

Mr G Bolger

Director

Mr N Roberts

Director

Mr A S Linney

Director

 

Dalehead Veterinary Group 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.

The address of its registered office is:
22 Station Road
Settle
North Yorkshire
BD24 9AA
England

These financial statements were authorised for issue by the Board on 25 January 2025.

2

Accounting policies

Statement of compliance

These financial statements have been 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.

Prior period errors

Motor vehicle purchased last year incorrectly included in Dalehead Veterinary Group's accounts instead of Dalehead Services LLP's accounts.

 

Relating to the current period disclosed in these financial statements
£

Relating to the prior period disclosed in these financial statements
£

Relating to periods before the prior period disclosed in these financial statements
£

Motor vehicles

(38,890)

-

-

Depreciation of motor vehicles expense

(12,963)

-

-

Other creditors

(51,995)

-

-

Taxation and Social Security creditors

142

-

-

    

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

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.

 

Dalehead Veterinary Group Limited

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

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 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

Freehold property

2% straight line

Motor vehicles

25% reducing balance

Plant and machinery

15% reducing balance

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

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

10% straight line

Computer software

20% straight line

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

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 directors) during the year, was 5 (2023 - 5).

 

Dalehead Veterinary Group 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

114,958

At 30 April 2024

114,958

Amortisation

At 1 May 2023

85,152

Amortisation charge

12,631

At 30 April 2024

97,783

Carrying amount

At 30 April 2024

17,175

At 30 April 2023

29,806

5

Tangible assets

Total
£

Cost or valuation

At 1 May 2023

1,296,130

Additions

46,044

Disposals

(51,853)

At 30 April 2024

1,290,321

Depreciation

At 1 May 2023

253,437

Charge for the year

41,436

Eliminated on disposal

(12,963)

At 30 April 2024

281,910

Carrying amount

At 30 April 2024

1,008,411

At 30 April 2023

1,042,693

 

Dalehead Veterinary Group Limited

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

6

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 May 2023

2,000

2,000

At 30 April 2024

2,000

2,000

Carrying amount

At 30 April 2024

2,000

2,000

7

Stocks

2024
£

2023
£

Stock

186,238

186,609

8

Creditors: amounts falling due after more than one year

Bank borrowings

Secured bank loans have a carrying amount at year end of £229,140 (2023 - £267,847).

The loans are secured against: the property, plant and machinery, motor vehicles, trade debtors, bank account balances and the goodwill of Dalehead Veterinary Group Limited (fixed charge) and the remaining net assets of Dalehead Veterinary Group Limited (floating charge).

Due after more than five years

Included within creditors are the following amounts due after more than five years:

2024
£

2023
£

After more than five years by instalments

18,413

76,800

9

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 £291,952 (2023 - £365,120).

 

Dalehead Veterinary Group Limited

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

10

Related party transactions

Transactions with directors

2024

At 1 May 2023
£

Advances to directors
£

Repayments by director
£

At 30 April 2024
£

Mr N Roberts

Directors' advances and credits - repayable on demand and interest charged at HMRC's official rate

15,830

39,513

(22,830)

32,513

         
       

 

2023

At 1 May 2022
£

Advances to directors
£

At 30 April 2023
£

Mr N Roberts

Directors' advances and credits - repayable on demand and interest charged at HMRC's official rate

2,247

13,583

15,830