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REGISTERED NUMBER: 13690493 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Report of the Accountants 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: J R Ball
C J Chaplin
A J Manfield
P J Chaplin





REGISTERED OFFICE: 6 Elsley Road
Tilehurst
Reading
RG31 6RN





REGISTERED NUMBER: 13690493 (England and Wales)





ACCOUNTANTS: Accountancy Online Limited
6 Elsley Road
Tilehurst
Reading
RG31 6RN

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on pages four to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Online Limited
6 Elsley Road
Tilehurst
Reading
RG31 6RN


26 February 2025

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

ABRIDGED BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 610,288 610,086

CURRENT ASSETS
Debtors 869,739 721,021
Cash at bank 9,561 32,984
879,300 754,005
CREDITORS
Amounts falling due within one year (46,107 ) (59,222 )
NET CURRENT ASSETS 833,193 694,783
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,443,481

1,304,869

CREDITORS
Amounts falling due after more than one
year

5

(475,211

)

(467,461

)
NET ASSETS 968,270 837,408

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 968,170 837,308
SHAREHOLDERS' FUNDS 968,270 837,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

ABRIDGED BALANCE SHEET - continued
31 MAY 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:




J R Ball - Director P J Chaplin - Director




A J Manfield - Director C J Chaplin - Director


THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

The Alliance Of Independent Veterinary Practices Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about The Alliance Of Independent Veterinary Practices Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2023 610,086
Additions 202
At 31 May 2024 610,288
NET BOOK VALUE
At 31 May 2024 610,288
At 31 May 2023 610,086

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 135,123 177,406

6. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 45,907 45,907

Amounts falling due between one and two years:
Bank loans - 1-2 years 91,814 91,814

Amounts falling due between two and five years:
Bank loans - 2-5 years 137,721 137,721

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 135,123 177,406

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 410,565 452,848

National Westminster Bank PLC holds a fixed and floating charge over the company.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2023 837,307
Profit for the year 255,863
Dividends (125,000 )
At 31 May 2024 968,170

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £73,750 (2023 - £41,300) were paid to the directors .

THE ALLIANCE OF INDEPENDENT VETERINARY
PRACTICES LTD (REGISTERED NUMBER: 13690493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

10. RELATED PARTY DISCLOSURES - continued

Mr P Chaplin was a director of the company at the year end. At the end of the year the amount due to the related party was £Nil.

Mr C Chaplin was a director of the company at the year end. At the end of the year the amount due to the related party was £Nil.

Mr J Ball was a director and shareholder of the company at the year end. At the end of the year the amount due to the related party was £10,051 (2023 £9,950).

Mr A Manfield was a director and shareholder of the company at the year end. At the end of the year the amount due to the related party was £91 (2023 £1,911).

During the year ended 31 May 2024 all transactions entered into between the following entities were at arms length and on a commercial basis:

Alpha Teddington Ltd
Alpha Claygate Ltd
The Pet Healthcare Partnership Limited
North Surrey Veterinary Emergencies Limited
Weybridge Veterinary Centre Ltd
Ambleside Services Ltd
Chameleon Henley Ltd
Chameleon Ockley Ltd



At 31 May 2024 the aggregate amounts due from these companies amounted to £869,680 (2023 £721,018).

At 31 May 2024 the aggregate amounts due to these companies amounted to £100,411 (2023 £61,954).












11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is determined by the share ownership..