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REGISTERED NUMBER: 07856473 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

PAWS DIRECT LIMITED

PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAWS DIRECT LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P B Adams MRCVS
Mrs C J Adams MRCVS
Mrs R L Rainsford MRCVS





REGISTERED OFFICE: Knutsford Veterinary Surgery
Fryers Nursery
Manchester Road
Knutsford
Cheshire
WA16 0SX





REGISTERED NUMBER: 07856473 (England and Wales)






PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 667,691 710,773

CURRENT ASSETS
Stocks 5 47,335 43,397
Debtors 6 68,512 67,061
Cash at bank 80,563 116,947
196,410 227,405
CREDITORS
Amounts falling due within one year 7 (199,704 ) (168,521 )
NET CURRENT (LIABILITIES)/ASSETS (3,294 ) 58,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

664,397

769,657

CREDITORS
Amounts falling due after more than one
year

8

(164,182

)

(294,258

)

PROVISIONS FOR LIABILITIES (63,700 ) (60,100 )
NET ASSETS 436,515 415,299

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 436,415 415,199
SHAREHOLDERS' FUNDS 436,515 415,299

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 May 2025 and were signed on its behalf by:





P B Adams MRCVS - Director


PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)

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

1. STATUTORY INFORMATION

Paws Direct 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 represents the net invoiced value of goods and services delivered, excluding vat.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold improvements - in accordance with the lease
Veterinary & lab equipment - 20% on cost
Furniture, fixtures & fittings - 20% on cost
Website & IT equipment - 25% 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 16 (2023 - 13 ) .

PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)

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

4. TANGIBLE FIXED ASSETS
Veterinary Furniture, Website &
Leasehold & lab fixtures IT
improvements equipment & fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 598,501 281,021 69,990 37,683 987,195
Additions 14,392 23,679 - - 38,071
At 31 December 2024 612,893 304,700 69,990 37,683 1,025,266
DEPRECIATION
At 1 January 2024 39,899 172,449 31,694 32,380 276,422
Charge for year 40,860 28,460 9,574 2,259 81,153
At 31 December 2024 80,759 200,909 41,268 34,639 357,575
NET BOOK VALUE
At 31 December 2024 532,134 103,791 28,722 3,044 667,691
At 31 December 2023 558,602 108,572 38,296 5,303 710,773

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Veterinary
& lab
equipment
£   
COST
At 1 January 2024
and 31 December 2024 66,491
DEPRECIATION
At 1 January 2024
and 31 December 2024 66,491
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. STOCKS
31.12.24 31.12.23
£    £   
Stocks 47,335 43,397

6. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 60,350 51,968
Other debtors 6,745 5,108
67,095 57,076

PAWS DIRECT LIMITED (REGISTERED NUMBER: 07856473)

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

6. DEBTORS - continued
31.12.24 31.12.23
£    £   
Amounts falling due after more than one year:
Other debtors 1,417 9,985

Aggregate amounts 68,512 67,061

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 36,914 42,480
Amounts owed to associates - 21,994
Corporation tax 19,724 -
Social security and other taxes 12,823 12,987
VAT 39,106 24,755
Other creditors 9,372 4,138
Company credit card 50,098 43,318
Directors' current accounts 30,101 17,858
Accrued expenses 1,566 991
199,704 168,521

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Long term loans 164,182 294,258

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary shares £1 100 100