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REGISTERED NUMBER: 15193039 (England and Wales)






















Unaudited Financial Statements

for the Period

6 October 2023 to 31 March 2025

for

Thornton Wright Veterinary Services
Limited

Thornton Wright Veterinary Services
Limited (Registered number: 15193039)






Contents of the Financial Statements
for the Period 6 October 2023 to 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Thornton Wright Veterinary Services
Limited

Company Information
for the Period 6 October 2023 to 31 March 2025







DIRECTORS: Dr R J H Wright
Dr H Wright





REGISTERED OFFICE: 15 Newland
Lincoln
Lincolnshire
LN1 1XG





REGISTERED NUMBER: 15193039 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Thornton Wright Veterinary Services
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thornton Wright Veterinary Services Limited for the period ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Thornton Wright Veterinary Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Thornton Wright Veterinary Services Limited and state those matters that we have agreed to state to the Board of Directors of Thornton Wright Veterinary Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thornton Wright Veterinary Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Thornton Wright Veterinary Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thornton Wright Veterinary Services Limited. You consider that Thornton Wright Veterinary Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Thornton Wright Veterinary Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG


13 June 2025

Thornton Wright Veterinary Services
Limited (Registered number: 15193039)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Intangible assets 4 39,540
Tangible assets 5 97,352
136,892

CURRENT ASSETS
Stocks 28,082
Debtors 6 55,814
Cash at bank and in hand 55,312
139,208
CREDITORS
Amounts falling due within one year 7 164,230
NET CURRENT LIABILITIES (25,022 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,870

CREDITORS
Amounts falling due after more than one
year

8

(81,845

)

PROVISIONS FOR LIABILITIES (17,598 )
NET ASSETS 12,427

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 12,327
SHAREHOLDERS' FUNDS 12,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 13 June 2025 and were signed on its behalf by:



Dr R J H Wright - Director


Thornton Wright Veterinary Services
Limited (Registered number: 15193039)

Notes to the Financial Statements
for the Period 6 October 2023 to 31 March 2025

1. STATUTORY INFORMATION

Thornton Wright Veterinary Services 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Thornton Wright Veterinary Services
Limited (Registered number: 15193039)

Notes to the Financial Statements - continued
for the Period 6 October 2023 to 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
Additions 42,500 1,800 44,300
At 31 March 2025 42,500 1,800 44,300
AMORTISATION
Charge for period 4,250 510 4,760
At 31 March 2025 4,250 510 4,760
NET BOOK VALUE
At 31 March 2025 38,250 1,290 39,540

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
Additions 19,200 58,880 6,693
At 31 March 2025 19,200 58,880 6,693
DEPRECIATION
Charge for period 2,431 16,608 1,300
At 31 March 2025 2,431 16,608 1,300
NET BOOK VALUE
At 31 March 2025 16,769 42,272 5,393

Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 36,744 3,814 125,331
At 31 March 2025 36,744 3,814 125,331
DEPRECIATION
Charge for period 6,774 866 27,979
At 31 March 2025 6,774 866 27,979
NET BOOK VALUE
At 31 March 2025 29,970 2,948 97,352

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 45,021
Other debtors 10,793
55,814

Thornton Wright Veterinary Services
Limited (Registered number: 15193039)

Notes to the Financial Statements - continued
for the Period 6 October 2023 to 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 17,857
Trade creditors 51,945
Taxation and social security 51,321
Other creditors 43,107
164,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 81,845

9. CALLED UP SHARE CAPITAL

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

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .