Albany Veterinary Clinic Ltd 07681042 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the provision of a veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 07681042 2023-11-01 2024-10-31 07681042 2024-10-31 07681042 core:RetainedEarningsAccumulatedLosses 2024-10-31 07681042 core:ShareCapital 2024-10-31 07681042 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 07681042 bus:SmallEntities 2023-11-01 2024-10-31 07681042 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07681042 bus:FullAccounts 2023-11-01 2024-10-31 07681042 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07681042 bus:RegisteredOffice 2023-11-01 2024-10-31 07681042 bus:Director1 2023-11-01 2024-10-31 07681042 bus:Director2 2023-11-01 2024-10-31 07681042 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07681042 core:Goodwill 2023-11-01 2024-10-31 07681042 core:FurnitureFittings 2023-11-01 2024-10-31 07681042 core:LeaseholdImprovements 2023-11-01 2024-10-31 07681042 countries:AllCountries 2023-11-01 2024-10-31 07681042 2023-10-31 07681042 2022-11-01 2023-10-31 07681042 2023-10-31 07681042 core:RetainedEarningsAccumulatedLosses 2023-10-31 07681042 core:ShareCapital 2023-10-31 07681042 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 iso4217:GBP xbrli:pure

Registration number: 07681042

Albany Veterinary Clinic Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 October 2024

 

Albany Veterinary Clinic Ltd

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Albany Veterinary Clinic Ltd

(Registration number: 07681042)
Abridged Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

82,211

93,955

Tangible assets

5

21,463

24,654

 

103,674

118,609

Current assets

 

Stocks

6

15,671

43,469

Debtors

59,920

17,302

Cash at bank and in hand

 

317,397

589,208

 

392,988

649,979

Creditors: Amounts falling due within one year

(240,473)

(250,706)

Net current assets

 

152,515

399,273

Total assets less current liabilities

 

256,189

517,882

Provisions for liabilities

(3,552)

(5,210)

Net assets

 

252,637

512,672

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

252,537

512,572

Total equity

 

252,637

512,672

 

Albany Veterinary Clinic Ltd

(Registration number: 07681042)
Abridged Balance Sheet as at 31 October 2024

For the financial year ending 31 October 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 21 May 2025 and signed on its behalf by:
 

Mrs CJ Rosser

Director

Mr JD Rosser

Director

 

Albany Veterinary Clinic Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 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:
192 Buxton Road
Stockport
Cheshire
SK2 7AE

These financial statements were authorised for issue by the Board on 21 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.

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.

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

Fixtures and fittings

15% reducing balance

Leasehold improvements

10% straight line

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

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:

 

Albany Veterinary Clinic Ltd

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

Asset class

Amortisation method and rate

Goodwill

5% straight line

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 12 (2023 - 12).

 

Albany Veterinary Clinic Ltd

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

4

Intangible assets

Total
£

Cost or valuation

At 1 November 2023

234,893

At 31 October 2024

234,893

Amortisation

At 1 November 2023

140,937

Amortisation charge

11,745

At 31 October 2024

152,682

Carrying amount

At 31 October 2024

82,211

At 31 October 2023

93,955

5

Tangible assets

Total
£

Cost or valuation

At 1 November 2023

83,645

Additions

503

At 31 October 2024

84,148

Depreciation

At 1 November 2023

58,991

Charge for the year

3,694

At 31 October 2024

62,685

Carrying amount

At 31 October 2024

21,463

At 31 October 2023

24,654

6

Stocks

2024
£

2023
£

Stock

15,671

43,469