Registered number
09145870
SORE PAWS VETERINARY CLINIC LTD
Filleted Accounts
30 June 2024
SORE PAWS VETERINARY CLINIC LTD
Registered number: 09145870
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 1,800
Tangible assets 4 91,271 42,392
91,271 44,192
Current assets
Stocks 55,000 55,000
Debtors 5 308,176 293,529
Cash at bank and in hand 350,847 33,914
714,023 382,443
Creditors: amounts falling due within one year 6 (373,920) (220,478)
Net current assets 340,103 161,965
Total assets less current liabilities 431,374 206,157
Creditors: amounts falling due after more than one year 7 (411,329) (197,928)
Provisions for liabilities (19,980) (8,194)
Net assets 65 35
Capital and reserves
Called up share capital 1 1
Profit and loss account 64 34
Shareholders' funds 65 35
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A Holmes
Director
Approved by the board on 20 December 2024
SORE PAWS VETERINARY CLINIC LTD
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Longhold leasehold no depreciation
Computer equipment 25% reducing balance
Plant and machinery 20% reducing balance
Fixtures, fittings, tools and equipment 15% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 17 17
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 90,000
At 30 June 2024 90,000
Amortisation
At 1 July 2023 88,200
Provided during the year 1,800
At 30 June 2024 90,000
Net book value
At 30 June 2024 -
At 30 June 2023 1,800
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Longhold leasehold Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 July 2023 8,733 80,373 13,321 102,427
Additions 4,779 51,787 - 56,566
At 30 June 2024 13,512 132,160 13,321 158,993
Depreciation
At 1 July 2023 - 48,272 11,763 60,035
Charge for the year - 7,298 389 7,687
At 30 June 2024 - 55,570 12,152 67,722
Net book value
At 30 June 2024 13,512 76,590 1,169 91,271
At 30 June 2023 8,733 32,101 1,558 42,392
5 Debtors 2024 2023
£ £
Trade debtors 59,006 51,215
HMRC - ACT 71,764 -
Loan - Blue Star Veterinary Clinic Ltd 13,805 -
Directors account 159,449 142,729
Other debtors 4,152 99,585
308,176 293,529
6 Creditors: amounts falling due within one year 2024 2023
£ £
NPIF II Loan - Due within 1 year 58,979 -
Bank loans and overdrafts 128,042 52,685
Obligations under finance lease and hire purchase contracts 4,341 10,026
Trade creditors 127,717 70,665
Taxation and social security costs 54,841 87,102
373,920 220,478
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 18,648 145,832
NPIF II Loan - Due after 1 year 341,021 -
Obligations under finance lease and hire purchase contracts 8,682 13,962
Loan - Gold Star Veterinary Clinic Ltd 42,978 38,134
411,329 197,928
8 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr A Holmes
Loan 1 71,364 8,360 - 79,724
Dr SE Holmes
Loan 1 71,364 8,360 - 79,724
142,728 16,720 - 159,448
Loan to directors - there are no fixed repayment terms and balances are interest free.
9 Related party transactions
Loan to Blue Star Veterinary Clinic Ltd with a balance as at 30 June 2024 of £13,805. No fixed terms of repayment are attached to the loan. Dr SE Holmes and Mr A Holmes jointly own 100% shareholding in Blue Star Veterinary Clinic Ltd and are both directors of the company.

Loan from Gold Star Veterinary Clinic Ltd with a balance as at 30 June 2024 of £42,978. No fixed terms of repayment are attached to the loan. Dr SE Holmes and Mr A Holmes jointly own 100% shareholding in Gold Star Veterinary Clinic Ltd and are both directors of the company.
10 Other information
SORE PAWS VETERINARY CLINIC LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2a Carers Way
Cobblers Hall
Newton Aycliffe
County Durham
DL5 4SE
SORE PAWS VETERINARY CLINIC LTD 09145870 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 Mr A Holmes No description of principal activity 09145870 2022-07-01 2023-06-30 09145870 core:WithinOneYear 2023-06-30 09145870 core:AfterOneYear 2023-06-30 09145870 core:ShareCapital 2023-06-30 09145870 core:RetainedEarningsAccumulatedLosses 2023-06-30 09145870 2023-07-01 2024-06-30 09145870 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09145870 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09145870 bus:Director40 2023-07-01 2024-06-30 09145870 1 2023-07-01 2024-06-30 09145870 2 2023-07-01 2024-06-30 09145870 core:Goodwill 2023-07-01 2024-06-30 09145870 core:LandBuildings 2023-07-01 2024-06-30 09145870 core:PlantMachinery 2023-07-01 2024-06-30 09145870 core:Vehicles 2023-07-01 2024-06-30 09145870 bus:Director1 2023-07-01 2024-06-30 09145870 bus:Director1 1 2023-07-01 2024-06-30 09145870 bus:Director2 2023-07-01 2024-06-30 09145870 bus:Director2 1 2023-07-01 2024-06-30 09145870 countries:England 2023-07-01 2024-06-30 09145870 bus:FRS102 2023-07-01 2024-06-30 09145870 bus:FilletedAccounts 2023-07-01 2024-06-30 09145870 2024-06-30 09145870 core:WithinOneYear 2024-06-30 09145870 core:AfterOneYear 2024-06-30 09145870 core:ShareCapital 2024-06-30 09145870 core:RetainedEarningsAccumulatedLosses 2024-06-30 09145870 core:Goodwill 2024-06-30 09145870 core:LandBuildings 2024-06-30 09145870 core:PlantMachinery 2024-06-30 09145870 core:Vehicles 2024-06-30 09145870 bus:Director1 1 2024-06-30 09145870 bus:Director2 1 2024-06-30 09145870 2023-06-30 09145870 core:Goodwill 2023-06-30 09145870 core:LandBuildings 2023-06-30 09145870 core:PlantMachinery 2023-06-30 09145870 core:Vehicles 2023-06-30 09145870 bus:Director1 1 2023-06-30 09145870 bus:Director2 1 2023-06-30 iso4217:GBP xbrli:pure