The Barn Equine Surgery Limited 06741929 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is the provision of veterinary services. Digita Accounts Production Advanced 6.30.9574.0 true 06741929 2024-01-01 2024-12-31 06741929 2024-12-31 06741929 bus:Director2 1 2024-12-31 06741929 core:RetainedEarningsAccumulatedLosses 2024-12-31 06741929 core:ShareCapital 2024-12-31 06741929 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 06741929 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 06741929 bus:SmallEntities 2024-01-01 2024-12-31 06741929 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 06741929 bus:FullAccounts 2024-01-01 2024-12-31 06741929 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06741929 bus:RegisteredOffice 2024-01-01 2024-12-31 06741929 bus:Director1 2024-01-01 2024-12-31 06741929 bus:Director2 2024-01-01 2024-12-31 06741929 bus:Director2 1 2024-01-01 2024-12-31 06741929 bus:Director3 2024-01-01 2024-12-31 06741929 bus:Director4 2024-01-01 2024-12-31 06741929 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06741929 core:Goodwill 2024-01-01 2024-12-31 06741929 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 06741929 core:LeaseholdImprovements 2024-01-01 2024-12-31 06741929 core:MotorCars 2024-01-01 2024-12-31 06741929 countries:England 2024-01-01 2024-12-31 06741929 2023-12-31 06741929 bus:Director2 1 2023-12-31 06741929 2023-01-01 2023-12-31 06741929 2023-12-31 06741929 bus:Director1 1 2023-12-31 06741929 bus:Director2 1 2023-12-31 06741929 core:RetainedEarningsAccumulatedLosses 2023-12-31 06741929 core:ShareCapital 2023-12-31 06741929 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 06741929 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 06741929 bus:Director1 1 2023-01-01 2023-12-31 06741929 bus:Director2 1 2023-01-01 2023-12-31 06741929 bus:Director1 1 2022-12-31 06741929 bus:Director2 1 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 06741929

The Barn Equine Surgery Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2024

 

The Barn Equine Surgery Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 6

 

The Barn Equine Surgery Limited

(Registration number: 06741929)
Abridged Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

141,940

177,423

Tangible assets

5

276,191

270,764

 

418,131

448,187

Current assets

 

Stocks

6

67,264

70,366

Debtors

140,794

165,344

Cash at bank and in hand

 

141,528

149,499

 

349,586

385,209

Creditors: Amounts falling due within one year

7

(288,359)

(226,143)

Net current assets

 

61,227

159,066

Total assets less current liabilities

 

479,358

607,253

Creditors: Amounts falling due after more than one year

7

(26,007)

(27,091)

Provisions for liabilities

(63,971)

(62,467)

Net assets

 

389,380

517,695

Capital and reserves

 

Called up share capital

240

240

Profit and loss account

389,140

517,455

Total equity

 

389,380

517,695

 

The Barn Equine Surgery Limited

(Registration number: 06741929)
Abridged Balance Sheet as at 31 December 2024

For the financial year ending 31 December 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 Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 19 May 2025 and signed on its behalf by:
 

Mrs A L Reynolds

Director

Mr N Zilic

Director

Mr M L Peaty

Director

Mr J Vickery

Director

 

The Barn Equine Surgery Limited

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

1

General information

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

The address of its registered office is:
Ringwood Road
Three Legged Cross
Wimborne
Dorset
BH21 6RE

These financial statements were authorised for issue by the Board on 19 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.

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

Leasehold property

Over the period of the lease

Motor vehicles

25% reducing balance

Equipment, fixtures and fittings

15% and 25% reducing balance

 

The Barn Equine Surgery Limited

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

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:

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 4 (2023 - 4).

4

Intangible assets

Total
£

Cost or valuation

At 1 January 2024

709,696

At 31 December 2024

709,696

Amortisation

At 1 January 2024

532,273

Amortisation charge

35,483

At 31 December 2024

567,756

Carrying amount

At 31 December 2024

141,940

At 31 December 2023

177,423

 

The Barn Equine Surgery Limited

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

5

Tangible assets

Total
£

Cost or valuation

At 1 January 2024

731,515

Additions

73,127

Disposals

(9,995)

At 31 December 2024

794,647

Depreciation

At 1 January 2024

460,751

Charge for the year

62,078

Eliminated on disposal

(4,373)

At 31 December 2024

518,456

Carrying amount

At 31 December 2024

276,191

At 31 December 2023

270,764

6

Stocks

2024
£

2023
£

Stock

67,264

70,366

7

Creditors

Other borrowings

The carrying amount of hire purchases at year end is £34,957 (2023 - £21,112).

The hire purchases are secured against the equipment to which they relate (fixed charge).

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £18,650 (2023 - £63,410).

 

The Barn Equine Surgery Limited

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

9

Related party transactions

Transactions with directors

2024

At 1 January 2024
£

Advances to directors
£

Repayments by director
£

At 31 December 2024
£

Mr N Zilic

Directors' advances and credits - repayable on demand and interest charged at HMRC's rate

34,068

25,651

(56,700)

3,019

         
       

 

2023

At 1 January 2023
£

Advances to directors
£

Repayments by director
£

At 31 December 2023
£

Mrs A L Reynolds

Directors' advances and credits - repayable on demand and interest charged at HMRC's rate

27,330

28,776

(56,106)

-

         
       

Mr N Zilic

Directors' advances and credits - repayable on demand and interest charged at HMRC's rate

-

82,809

(48,741)

34,068