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REGISTERED NUMBER: 07862558



























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MILESTONES VETERINARY CENTRE LIMITED

MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILESTONES VETERINARY CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: C J Withers
Mrs A Harvey
Mrs J E Withers





REGISTERED OFFICE: Milestone Veterinary Centre
Unit 12, Swift Park
Kingsteignton
Newton Abbot
Devon
TQ12 3SH





REGISTERED NUMBER: 07862558





ACCOUNTANT: Withers Steele Chartered Accountants
6 Oaklands Court
TIVERTON
Devon
EX16 6TG

MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 439,578 449,840

CURRENT ASSETS
Stocks 65,945 68,854
Debtors 5 85,228 83,318
Cash at bank and in hand 261,235 117,855
412,408 270,027
CREDITORS
Amounts falling due within one year 6 406,877 407,413
NET CURRENT ASSETS/(LIABILITIES) 5,531 (137,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,109

312,454

PROVISIONS FOR LIABILITIES 17,612 3,590
NET ASSETS 427,497 308,864

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 427,491 308,858
SHAREHOLDERS' FUNDS 427,497 308,864

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

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

The directors acknowledge their 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.

MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:




Mrs A Harvey - Director C J Withers - Director




Mrs J E Withers - Director


MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Milestones Veterinary Centre Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

Milestone Veterinary Centre Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% 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.

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.

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 53 (2023 - 44 ) .

MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2023 367,990 175,260 18,045
Additions - 3,604 3,651
At 31 October 2024 367,990 178,864 21,696
DEPRECIATION
At 1 November 2023 - 108,911 8,706
Charge for year - 12,200 2,135
At 31 October 2024 - 121,111 10,841
NET BOOK VALUE
At 31 October 2024 367,990 57,753 10,855
At 31 October 2023 367,990 66,349 9,339

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 4,895 50,184 616,374
Additions - 1,814 9,069
At 31 October 2024 4,895 51,998 625,443
DEPRECIATION
At 1 November 2023 3,049 45,868 166,534
Charge for year 277 4,719 19,331
At 31 October 2024 3,326 50,587 185,865
NET BOOK VALUE
At 31 October 2024 1,569 1,411 439,578
At 31 October 2023 1,846 4,316 449,840

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 80,878 78,968
Other debtors 4,350 4,350
85,228 83,318

MILESTONES VETERINARY CENTRE LIMITED (REGISTERED NUMBER: 07862558)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 165,027 179,708
Taxation and social security 172,601 103,587
Other creditors 69,249 124,118
406,877 407,413