Avonvale Veterinary Practice Limited 04791087 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 04791087 2024-01-01 2024-12-31 04791087 2024-12-31 04791087 core:CapitalRedemptionReserve 2024-12-31 04791087 core:RetainedEarningsAccumulatedLosses 2024-12-31 04791087 core:ShareCapital 2024-12-31 04791087 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04791087 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 04791087 bus:SmallEntities 2024-01-01 2024-12-31 04791087 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04791087 bus:FullAccounts 2024-01-01 2024-12-31 04791087 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04791087 bus:RegisteredOffice 2024-01-01 2024-12-31 04791087 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 04791087 bus:Director3 2024-01-01 2024-12-31 04791087 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04791087 core:FurnitureFittings 2024-01-01 2024-12-31 04791087 core:LeaseholdImprovements 2024-01-01 2024-12-31 04791087 core:MotorCars 2024-01-01 2024-12-31 04791087 core:PlantMachinery 2024-01-01 2024-12-31 04791087 countries:AllCountries 2024-01-01 2024-12-31 04791087 2023-12-31 04791087 2023-01-01 2023-12-31 04791087 2023-12-31 04791087 core:CapitalRedemptionReserve 2023-12-31 04791087 core:RetainedEarningsAccumulatedLosses 2023-12-31 04791087 core:ShareCapital 2023-12-31 04791087 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04791087 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 04791087

Avonvale Veterinary Practice Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2024

 

Avonvale Veterinary Practice Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Avonvale Veterinary Practice Limited

(Registration number: 04791087)
Abridged Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

155,107

182,892

Current assets

 

Stocks

57,068

64,719

Debtors

92,484

109,535

Cash at bank and in hand

 

125,068

215,248

 

274,620

389,502

Creditors: Amounts falling due within one year

(110,073)

(147,962)

Net current assets

 

164,547

241,540

Total assets less current liabilities

 

319,654

424,432

Creditors: Amounts falling due after more than one year

(7,173)

-

Provisions for liabilities

(8,534)

(14,810)

Net assets

 

303,947

409,622

Capital and reserves

 

Called up share capital

53,334

53,334

Capital redemption reserve

66,666

66,666

Profit and loss account

183,947

289,622

Total equity

 

303,947

409,622

 

Avonvale Veterinary Practice Limited

(Registration number: 04791087)
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 25 July 2025 and signed on its behalf by:
 

Mrs N R De Pennington

Director

Mrs C Maher

Company secretary and director

 

Avonvale Veterinary Practice 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 & Wales.

The address of its registered office is:
The Churns
Home Farm Drive
Upton Estate
Banbury
OX15 6HU

These financial statements were authorised for issue by the Board on 25 July 2025.

2

Accounting policies

Statement of compliance

These financial statements have been 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.

 

Avonvale Veterinary Practice Limited

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

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

Motor Vehicles

25% Reducing balance

Plant & Machinery

20% Reducing balance

Fixtures & Fittings

15% Reducing balance

Leasehold improvements

15% Reducing balance

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 16 (2023 - 16).

4

Tangible assets

Total
£

Cost or valuation

At 1 January 2024

622,452

Additions

15,954

Disposals

(8,954)

At 31 December 2024

629,452

Depreciation

At 1 January 2024

439,561

Charge for the year

40,311

Eliminated on disposal

(5,527)

At 31 December 2024

474,345

Carrying amount

At 31 December 2024

155,107

At 31 December 2023

182,892

5

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 £70,600 (2023 - £120,435). All monies due or to become due from the company to HSBC Bank PLC is secured by way of debenture.