Glenalbyn Veterinary Services Limited SC734745 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true SC734745 2023-07-01 2024-06-30 SC734745 2024-06-30 SC734745 core:RetainedEarningsAccumulatedLosses 2024-06-30 SC734745 core:ShareCapital 2024-06-30 SC734745 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 SC734745 bus:SmallEntities 2023-07-01 2024-06-30 SC734745 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 SC734745 bus:FullAccounts 2023-07-01 2024-06-30 SC734745 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC734745 bus:RegisteredOffice 2023-07-01 2024-06-30 SC734745 bus:Director1 2023-07-01 2024-06-30 SC734745 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC734745 core:OfficeEquipment 2023-07-01 2024-06-30 SC734745 core:PlantMachinery 2023-07-01 2024-06-30 SC734745 countries:Scotland 2023-07-01 2024-06-30 SC734745 2023-06-30 SC734745 2022-06-07 2023-06-30 SC734745 2023-06-30 SC734745 core:RetainedEarningsAccumulatedLosses 2023-06-30 SC734745 core:ShareCapital 2023-06-30 SC734745 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: SC734745

Glenalbyn Veterinary Services Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2024

 

Glenalbyn Veterinary Services Limited

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Glenalbyn Veterinary Services Limited

(Registration number: SC734745)
Abridged Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

315

420

Current assets

 

Debtors

-

581

Cash at bank and in hand

 

12,092

9,168

 

12,092

9,749

Creditors: Amounts falling due within one year

(9,901)

(9,348)

Net current assets

 

2,191

401

Net assets

 

2,506

821

Capital and reserves

 

Called up share capital

120

120

Profit and loss account

2,386

701

Total equity

 

2,506

821

For the financial 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 of its accounts for the year in question in accordance with section 476; and

The director acknowledges his 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 director on 17 March 2025
 

Mr D M Docherty

Director

 

Glenalbyn Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
9 Enrick Crescent
Drumnadrochit
Inverness
IV63 6TP

These financial statements were authorised for issue by the director on 17 March 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

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.

 

Glenalbyn Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

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 and Machinery

25% Reducing balance

Office Equipment

25% Reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Total
£

Cost or valuation

At 1 July 2023

561

At 30 June 2024

561

Depreciation

At 1 July 2023

141

Charge for the year

105

At 30 June 2024

246

Carrying amount

At 30 June 2024

315

At 30 June 2023

420