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REGISTERED NUMBER: 12721659 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Burns Petcare Ltd

Burns Petcare Ltd (Registered number: 12721659)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Burns Petcare Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mrs C Burns





REGISTERED OFFICE: Unit 10a
Belmont Industrial Estate
Durham
DH1 1TN





REGISTERED NUMBER: 12721659 (England and Wales)

Burns Petcare Ltd (Registered number: 12721659)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,400 4,800
Tangible assets 5 35,820 46,266
38,220 51,066

CURRENT ASSETS
Stocks 6,000 6,000
Debtors 6 - 1,594
Cash at bank 8,004 11,370
14,004 18,964
CREDITORS
Amounts falling due within one year 7 59,254 50,164
NET CURRENT LIABILITIES (45,250 ) (31,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,030

)

19,866

CREDITORS
Amounts falling due after more than one
year

8

(17,078

)

(22,323

)

PROVISIONS FOR LIABILITIES (490 ) (2,044 )
NET LIABILITIES (24,598 ) (4,501 )

RESERVES
Retained earnings (24,598 ) (4,501 )
(24,598 ) (4,501 )

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

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

The director acknowledges her 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.

Burns Petcare Ltd (Registered number: 12721659)

Balance Sheet - continued
31 July 2024


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

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

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





Mrs C Burns - Director


Burns Petcare Ltd (Registered number: 12721659)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Burns Petcare 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 20% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Burns Petcare Ltd (Registered number: 12721659)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 12,000
AMORTISATION
At 1 August 2023 7,200
Charge for year 2,400
At 31 July 2024 9,600
NET BOOK VALUE
At 31 July 2024 2,400
At 31 July 2023 4,800

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 4,000 72,156 76,156
Additions - 649 649
At 31 July 2024 4,000 72,805 76,805
DEPRECIATION
At 1 August 2023 - 29,890 29,890
Charge for year - 11,095 11,095
At 31 July 2024 - 40,985 40,985
NET BOOK VALUE
At 31 July 2024 4,000 31,820 35,820
At 31 July 2023 4,000 42,266 46,266

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors - 1,594

Burns Petcare Ltd (Registered number: 12721659)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 2,334 4,843
Taxation and social security 13,132 16,541
Other creditors 43,788 28,780
59,254 50,164

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 17,078 22,323