The Livestock Partnership Limited 07785579 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is the provision of veterinary activities. Digita Accounts Production Advanced 6.30.9574.0 true 07785579 2023-05-01 2024-04-30 07785579 2024-04-30 07785579 core:RetainedEarningsAccumulatedLosses 2024-04-30 07785579 core:ShareCapital 2024-04-30 07785579 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 07785579 bus:SmallEntities 2023-05-01 2024-04-30 07785579 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07785579 bus:FullAccounts 2023-05-01 2024-04-30 07785579 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07785579 bus:RegisteredOffice 2023-05-01 2024-04-30 07785579 bus:Director1 2023-05-01 2024-04-30 07785579 bus:Director2 2023-05-01 2024-04-30 07785579 bus:Director3 2023-05-01 2024-04-30 07785579 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07785579 core:FurnitureFittings 2023-05-01 2024-04-30 07785579 core:LandBuildings 2023-05-01 2024-04-30 07785579 core:MotorVehicles 2023-05-01 2024-04-30 07785579 core:OfficeEquipment 2023-05-01 2024-04-30 07785579 core:PlantMachinery 2023-05-01 2024-04-30 07785579 countries:England 2023-05-01 2024-04-30 07785579 2023-04-30 07785579 2022-05-01 2023-04-30 07785579 2023-04-30 07785579 core:RetainedEarningsAccumulatedLosses 2023-04-30 07785579 core:ShareCapital 2023-04-30 07785579 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 07785579

The Livestock Partnership Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 April 2024

 

The Livestock Partnership Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

The Livestock Partnership Limited

(Registration number: 07785579)
Abridged Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

117,595

99,924

Current assets

 

Stocks

42,348

43,776

Debtors

767,103

226,053

Cash at bank and in hand

 

326,157

621,912

 

1,135,608

891,741

Creditors: Amounts falling due within one year

(244,284)

(298,245)

Net current assets

 

891,324

593,496

Total assets less current liabilities

 

1,008,919

693,420

Provisions for liabilities

(22,891)

(18,331)

Net assets

 

986,028

675,089

Capital and reserves

 

Called up share capital

1,000

1,000

Profit and loss account

985,028

674,089

Total equity

 

986,028

675,089

 

The Livestock Partnership Limited

(Registration number: 07785579)
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 22 January 2025 and signed on its behalf by:
 

Mr B Brearley

Director

Mr M Boers

Director

Ms C Walker

Director

 

The Livestock Partnership 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:
The Old Stables
Strood Green
Wisborough Green
West Sussex
RH14 OHJ

These financial statements were authorised for issue by the Board on 22 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.

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.

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.

 

The Livestock Partnership Limited

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

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

Motor vehicles

25% reducing balance

Land and buildings

2% straight line

Plant and machinery

25% reducing balance

Office equipment

25% straight line

Fixtures and fittings

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2023 - 10).

4

Tangible assets

Total
£

Cost or valuation

At 1 May 2023

215,671

Additions

42,991

Disposals

(15,540)

At 30 April 2024

243,122

Depreciation

At 1 May 2023

115,748

Charge for the year

21,571

Eliminated on disposal

(11,792)

At 30 April 2024

125,527

Carrying amount

At 30 April 2024

117,595

At 30 April 2023

99,924