Company Registration No. 06026398 (England and Wales)
Merlo Veterinary Imaging Ltd
Unaudited accounts
for the year ended 30 June 2024
Merlo Veterinary Imaging Ltd
Unaudited accounts
Contents
Merlo Veterinary Imaging Ltd
Company Information
for the year ended 30 June 2024
Company Number
06026398 (England and Wales)
Registered Office
Landscape View
York Drove
Nomansland
Wiltshire
SP5 2BT
Accountants
Target Associates Ltd
NM Business Suites Abacus House
Station Yard
Needham Market
Suffolk
IP6 8AS
Merlo Veterinary Imaging Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
41,982
44,854
Creditors: amounts falling due within one year
(15,423)
(13,779)
Net current assets
30,573
36,021
Called up share capital
1
1
Profit and loss account
30,572
36,020
Shareholders' funds
30,573
36,021
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 September 2024 and were signed on its behalf by
M Merlo
Director
Company Registration No. 06026398
Merlo Veterinary Imaging Ltd
Notes to the Accounts
for the year ended 30 June 2024
Merlo Veterinary Imaging Ltd is a private company, limited by shares, registered in England and Wales, registration number 06026398. The registered office is Landscape View, York Drove, Nomansland, Wiltshire, SP5 2BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Merlo Veterinary Imaging Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,254
12,459
Loans from directors
3,447
720
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The company is under the control of M Merlo, Director who jointly holds all the issued share capital of the company.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).