Chemovet Limited 12451404 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 12451404 2023-06-01 2024-05-31 12451404 2024-05-31 12451404 core:RetainedEarningsAccumulatedLosses 2024-05-31 12451404 core:ShareCapital 2024-05-31 12451404 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 12451404 bus:SmallEntities 2023-06-01 2024-05-31 12451404 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12451404 bus:FullAccounts 2023-06-01 2024-05-31 12451404 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12451404 bus:RegisteredOffice 2023-06-01 2024-05-31 12451404 bus:Director1 2023-06-01 2024-05-31 12451404 bus:Director2 2023-06-01 2024-05-31 12451404 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12451404 core:Goodwill 2023-06-01 2024-05-31 12451404 core:PlantMachinery 2023-06-01 2024-05-31 12451404 countries:AllCountries 2023-06-01 2024-05-31 12451404 2023-05-31 12451404 2022-06-01 2023-05-31 12451404 2023-05-31 12451404 core:RetainedEarningsAccumulatedLosses 2023-05-31 12451404 core:ShareCapital 2023-05-31 12451404 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 12451404

Chemovet Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 May 2024

 

Chemovet Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Chemovet Limited

(Registration number: 12451404)
Abridged Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

14,760

17,220

Tangible assets

5

108

812

 

14,868

18,032

Current assets

 

Stocks

6

35,359

32,739

Debtors

102,605

69,290

Cash at bank and in hand

 

566,069

429,998

 

704,033

532,027

Creditors: Amounts falling due within one year

(155,513)

(153,104)

Net current assets

 

548,520

378,923

Total assets less current liabilities

 

563,388

396,955

Provisions for liabilities

(27)

(162)

Net assets

 

563,361

396,793

Capital and reserves

 

Called up share capital

120

120

Profit and loss account

563,241

396,673

Total equity

 

563,361

396,793

 

Chemovet Limited

(Registration number: 12451404)
Abridged Balance Sheet as at 31 May 2024

For the financial year ending 31 May 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 8 January 2025 and signed on its behalf by:
 

Mrs J Jones

Director

Mr I Grant

Director

 

Chemovet Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Heath Business and
Technical Park
Runcorn
Cheshire
WA7 4QX

These financial statements were authorised for issue by the Board on 8 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 income 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

Plant & Machinery

25% Straight line

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:

 

Chemovet Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

Asset class

Amortisation method and rate

Goodwill

10% Straight line

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).

4

Intangible assets

Total
£

Cost or valuation

At 1 June 2023

17,220

At 31 May 2024

17,220

Amortisation

Amortisation charge

2,460

At 31 May 2024

2,460

Carrying amount

At 31 May 2024

14,760

At 31 May 2023

17,220

5

Tangible assets

Total
£

Cost or valuation

At 1 June 2023

2,168

At 31 May 2024

2,168

Depreciation

At 1 June 2023

1,356

Charge for the year

704

At 31 May 2024

2,060

Carrying amount

At 31 May 2024

108

At 31 May 2023

812

6

Stocks

2024
£

2023
£

Stock

35,359

32,739