Pump Lane Equine Veterinary Clinic Limited 11512797 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is provision of veterinary activities. Digita Accounts Production Advanced 6.30.9574.0 true false 11512797 2023-09-01 2024-08-31 11512797 2024-08-31 11512797 core:RetainedEarningsAccumulatedLosses 2024-08-31 11512797 core:ShareCapital 2024-08-31 11512797 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 11512797 bus:SmallEntities 2023-09-01 2024-08-31 11512797 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 11512797 bus:FullAccounts 2023-09-01 2024-08-31 11512797 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11512797 bus:RegisteredOffice 2023-09-01 2024-08-31 11512797 bus:Director1 2023-09-01 2024-08-31 11512797 bus:Director2 2023-09-01 2024-08-31 11512797 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11512797 core:Goodwill 2023-09-01 2024-08-31 11512797 core:MotorVehicles 2023-09-01 2024-08-31 11512797 core:PlantMachinery 2023-09-01 2024-08-31 11512797 countries:EnglandWales 2023-09-01 2024-08-31 11512797 2023-08-31 11512797 2022-09-01 2023-08-31 11512797 2023-08-31 11512797 core:RetainedEarningsAccumulatedLosses 2023-08-31 11512797 core:ShareCapital 2023-08-31 11512797 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 11512797

Pump Lane Equine Veterinary Clinic Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 August 2024

 

Pump Lane Equine Veterinary Clinic Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Pump Lane Equine Veterinary Clinic Limited

(Registration number: 11512797)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

9,360

11,700

Tangible assets

5

136,794

140,847

 

146,154

152,547

Current assets

 

Stocks

6,000

6,200

Debtors

12,997

8,749

Cash at bank and in hand

 

6,138

6,271

 

25,135

21,220

Creditors: Amounts falling due within one year

(142,917)

(153,693)

Net current liabilities

 

(117,782)

(132,473)

Total assets less current liabilities

 

28,372

20,074

Provisions for liabilities

748

565

Net assets

 

29,120

20,639

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

29,020

20,539

Total equity

 

29,120

20,639

 

Pump Lane Equine Veterinary Clinic Limited

(Registration number: 11512797)
Abridged Balance Sheet as at 31 August 2024

For the financial year ending 31 August 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 directors acknowledge their 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 Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 8 May 2025 and signed on its behalf by:
 

Mr R Wells

Director

Miss S F Mauthoor

Director

 

Pump Lane Equine Veterinary Clinic Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Pump Lane Stables
Pump Lane North
Marlow
Buckinghamshire
SL7 3RD

These financial statements were authorised for issue by the Board on 8 May 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

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 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.

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

Motor Vehicles

25% Reducing balance method

Plant and machinery

20% Straight line method

 

Pump Lane Equine Veterinary Clinic Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% Straight line method

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Intangible assets

Total
£

Cost or valuation

At 1 September 2023

23,400

At 31 August 2024

23,400

Amortisation

At 1 September 2023

11,700

Amortisation charge

2,340

At 31 August 2024

14,040

Carrying amount

At 31 August 2024

9,360

At 31 August 2023

11,700

 

Pump Lane Equine Veterinary Clinic Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

5

Tangible assets

Total
£

Cost or valuation

At 1 September 2023

210,722

Additions

2,998

Disposals

(868)

At 31 August 2024

212,852

Depreciation

At 1 September 2023

69,875

Charge for the year

7,051

Eliminated on disposal

(868)

At 31 August 2024

76,058

Carrying amount

At 31 August 2024

136,794

At 31 August 2023

140,847