ABSOLUTELY ANIMALS LIMITED
Registered number: 06623133
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 60,488 71,141
Investments 4 40,173 40,173
100,661 111,314
Current assets
Debtors 5 20,796 17,121
Cash at bank and in hand 153,338 67,797
174,134 84,918
Creditors: amounts falling due within one year 6 (69,741) (87,593)
Net current assets/(liabilities) 104,393 (2,675)
Total assets less current liabilities 205,054 108,639
Creditors: amounts falling due after more than one year 7 (23,358) (16,891)
Net assets 181,696 91,748
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 180,696 90,748
Shareholders' funds 181,696 91,748
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.
H Anderton
Director
Approved by the board on 21 March 2025
ABSOLUTELY ANIMALS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
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, and the provision of Educational Training & Courses.
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:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 July 2023 24,192 92,283 116,475
Additions 2,245 - 2,245
At 30 June 2024 26,437 92,283 118,720
Depreciation
At 1 July 2023 - 45,334 45,334
Charge for the year - 12,898 12,898
At 30 June 2024 - 58,232 58,232
Net book value
At 30 June 2024 26,437 34,051 60,488
At 30 June 2023 24,192 46,949 71,141
4 Investments
Other
investments
£
Cost
At 1 July 2023 40,173
At 30 June 2024 40,173
5 Debtors 2024 2023
£ £
Other Loans 20,786 17,121
Other debtors 10 -
20,796 17,121
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 19,216
Trade creditors - 39,585
Corporation tax 44,268 13,220
Other taxes and social security costs 20,786 13,722
Other creditors 4,687 1,850
69,741 87,593
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 15,905 15,933
Other creditors 7,453 958
23,358 16,891
8 Other information
ABSOLUTELY ANIMALS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
43b Burnt Ash Hill
Lee
London
SE12 0AE
ABSOLUTELY ANIMALS LIMITED 06623133 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 H Anderton No description of principal activity 06623133 2022-07-01 2023-06-30 06623133 core:WithinOneYear 2023-06-30 06623133 core:AfterOneYear 2023-06-30 06623133 core:ShareCapital 2023-06-30 06623133 core:RetainedEarningsAccumulatedLosses 2023-06-30 06623133 2023-07-01 2024-06-30 06623133 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06623133 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06623133 bus:Director40 2023-07-01 2024-06-30 06623133 core:LandBuildings 2023-07-01 2024-06-30 06623133 core:PlantMachinery 2023-07-01 2024-06-30 06623133 countries:England 2023-07-01 2024-06-30 06623133 bus:FRS102 2023-07-01 2024-06-30 06623133 bus:FilletedAccounts 2023-07-01 2024-06-30 06623133 2024-06-30 06623133 core:WithinOneYear 2024-06-30 06623133 core:AfterOneYear 2024-06-30 06623133 core:ShareCapital 2024-06-30 06623133 core:RetainedEarningsAccumulatedLosses 2024-06-30 06623133 core:LandBuildings 2024-06-30 06623133 core:PlantMachinery 2024-06-30 06623133 2023-06-30 06623133 core:LandBuildings 2023-06-30 06623133 core:PlantMachinery 2023-06-30 iso4217:GBP xbrli:pure