Acorah Software Products - Accounts Production 16.1.300 false true true No description of principal activity 1 January 2024 31 December 2024 31 December 2024 15341959 Miss Cate Titterton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15341959 2023-12-31 15341959 2024-12-31 15341959 2024-01-01 2024-12-31 15341959 frs-core:CurrentFinancialInstruments 2024-12-31 15341959 frs-core:Non-currentFinancialInstruments 2024-12-31 15341959 frs-core:NetGoodwill 2024-12-31 15341959 frs-core:NetGoodwill 2024-01-01 2024-12-31 15341959 frs-core:NetGoodwill 2023-12-31 15341959 frs-core:ShareCapital 2023-12-31 15341959 frs-core:ShareCapital 2024-12-31 15341959 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 15341959 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-12-31 15341959 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15341959 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 15341959 frs-bus:FullAccounts 2024-01-01 2024-12-31 15341959 frs-bus:SmallEntities 2024-01-01 2024-12-31 15341959 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 15341959 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 15341959 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 15341959 frs-bus:Director1 2024-01-01 2024-12-31 15341959 frs-countries:EnglandWales 2024-01-01 2024-12-31
Registered number: 15341959
Green Vets Limited
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 December 2024
LDF Accountancy Services Ltd
Contents
Page
Company Information 1
Director's Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Statement of Changes in Equity 6
Notes to the Financial Statements 7—8
Page 1
Company Information
Director Miss Cate Titterton
Company Number 15341959
Registered Office 1 Northcliffe Grove
Hutton Rudby
Yarm
TS15 0DZ
Accountants LDF Accountancy Services Ltd
1 Alberto Street
Stockton-On-Tees
TS18 2BQ
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Page 2
Director's Report
The director presents his report and the financial statements for the year ended 31 December 2024.
Directors
The director who held office during the year were as follows:
Miss Cate Titterton
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has 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.
On behalf of the board
Miss Cate Titterton
Director
4th February 2025
Page 2
Page 3
Accountant's Report
Report of the Accountant to the director of Green Vets Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
27th January 2025
LDF Accountancy Services Ltd
1 Alberto Street
Stockton-On-Tees
TS18 2BQ
Page 3
Page 4
Profit and Loss Account
2024
Notes £
TURNOVER 33,050
GROSS PROFIT 33,050
Administrative expenses (83,064 )
OPERATING LOSS (50,014 )
Income from Shares in group undertakings 50,000
Other interest receivable and similar income 15
PROFIT BEFORE TAXATION 1
Tax on Profit -
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 1
The notes on pages 7 to 8 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 950,000
950,000
CURRENT ASSETS
Debtors 5 39,660
Investments 6 75
Cash at bank and in hand 5,521
45,256
Creditors: Amounts Falling Due Within One Year 7 (145,254 )
NET CURRENT ASSETS (LIABILITIES) (99,998 )
TOTAL ASSETS LESS CURRENT LIABILITIES 850,002
Creditors: Amounts Falling Due After More Than One Year 8 (850,000 )
NET ASSETS 2
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account 1
SHAREHOLDERS' FUNDS 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Miss Cate Titterton
Director
4th February 2025
The notes on pages 7 to 8 form part of these financial statements.
Page 5
Page 6
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2024 - - -
Profit for the year and total comprehensive income - 1 1
Arising on shares issued during the period 1 - 1
As at 31 December 2024 1 1 2
Page 6
Page 7
Notes to the Financial Statements
1. General Information
Green Vets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15341959 . The registered office is 1 Northcliffe Grove, Hutton Rudby, Yarm, TS15 0DZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 -
Additions 1,000,000
As at 31 December 2024 1,000,000
Amortisation
As at 1 January 2024 -
Provided during the period 50,000
As at 31 December 2024 50,000
Net Book Value
As at 31 December 2024 950,000
As at 1 January 2024 -
5. Debtors
2024
£
Due within one year
Trade debtors 39,660
6. Current Asset Investments
2024
£
Shares in subsidiaries 75
7. Creditors: Amounts Falling Due Within One Year
2024
£
Other loans 100,000
Other creditors 38,764
Taxation and social security 6,490
145,254
8. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other loans 850,000
9. Share Capital
2024
£
Allotted, Called up and fully paid 1
Page 8