Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1true2023-11-011falseNo description of principal activitytrue 09809425 2023-11-01 2024-10-31 09809425 2022-11-01 2023-10-31 09809425 2024-10-31 09809425 2023-10-31 09809425 c:Director1 2023-11-01 2024-10-31 09809425 d:OfficeEquipment 2023-11-01 2024-10-31 09809425 d:OfficeEquipment 2024-10-31 09809425 d:OfficeEquipment 2023-10-31 09809425 d:CurrentFinancialInstruments 2024-10-31 09809425 d:CurrentFinancialInstruments 2023-10-31 09809425 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09809425 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09809425 d:ShareCapital 2024-10-31 09809425 d:ShareCapital 2023-10-31 09809425 d:RetainedEarningsAccumulatedLosses 2024-10-31 09809425 d:RetainedEarningsAccumulatedLosses 2023-10-31 09809425 c:FRS102 2023-11-01 2024-10-31 09809425 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09809425 c:FullAccounts 2023-11-01 2024-10-31 09809425 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 09809425









PETS4EVER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
PETS4EVER LIMITED
REGISTERED NUMBER: 09809425

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Stocks
  
164,990
130,357

Debtors: amounts falling due within one year
 5 
18,351
87,059

Cash at bank and in hand
  
165,425
48,894

  
348,766
266,310

Current liabilities
  

Creditors: Amounts Falling Due Within One Year
 6 
(272,342)
(140,197)

Net current assets
  
 
 
76,424
 
 
126,113

Total assets less current liabilities
  
76,424
126,113

  

Net assets
  
76,424
126,113


Capital and reserves
  

Called up share capital 
  
5,000
5,000

Profit and loss account
  
71,424
121,113

  
76,424
126,113


Page 1

 
PETS4EVER LIMITED
REGISTERED NUMBER: 09809425
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 February 2025.

P S Belsman
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PETS4EVER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Pets4ever Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The address of its principal place of business is Unit 406 Centennial Park, Centennial Avenue, Elstree, Hertfordshire, WD6 3TN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

The company's functional and presentational currency is GBP.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
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 United Kingdom.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
PETS4EVER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a unit cost basis. 
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short term creditors are measured at the transaction price. 

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from third parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
PETS4EVER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Office equipment

£





At 1 November 2023
2,247


Disposals
(2,247)



At 31 October 2024

-





At 1 November 2023
2,247


Disposals
(2,247)



At 31 October 2024

-



Net book value



At 31 October 2024
-



At 31 October 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
1,140
3,416

Other debtors
16,536
82,968

Prepayments
675
675

18,351
87,059


Page 5

 
PETS4EVER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
106,352
6,886

Other taxation and social security
-
1,955

Accruals
165,990
131,356

272,342
140,197


 
Page 6