Neil Townsend Equine Dentistry and Surgery Ltd 13068786 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is veterinary activities. Digita Accounts Production Advanced 6.30.9574.0 true 13068786 2024-04-01 2025-03-31 13068786 2025-03-31 13068786 core:RetainedEarningsAccumulatedLosses 2025-03-31 13068786 core:ShareCapital 2025-03-31 13068786 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 13068786 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 13068786 bus:SmallEntities 2024-04-01 2025-03-31 13068786 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13068786 bus:FullAccounts 2024-04-01 2025-03-31 13068786 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13068786 bus:RegisteredOffice 2024-04-01 2025-03-31 13068786 bus:Director1 2024-04-01 2025-03-31 13068786 bus:Director1 1 2024-04-01 2025-03-31 13068786 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13068786 core:FurnitureFittings 2024-04-01 2025-03-31 13068786 core:MotorVehicles 2024-04-01 2025-03-31 13068786 core:OfficeEquipment 2024-04-01 2025-03-31 13068786 core:PlantMachinery 2024-04-01 2025-03-31 13068786 countries:EnglandWales 2024-04-01 2025-03-31 13068786 2024-03-31 13068786 2023-04-01 2024-03-31 13068786 2024-03-31 13068786 core:RetainedEarningsAccumulatedLosses 2024-03-31 13068786 core:ShareCapital 2024-03-31 13068786 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13068786 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 13068786

Neil Townsend Equine Dentistry and Surgery Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2025

 

Neil Townsend Equine Dentistry and Surgery Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 4

 

Neil Townsend Equine Dentistry and Surgery Ltd

(Registration number: 13068786)
Abridged Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

100,988

73,866

Current assets

 

Stocks

894

1,124

Debtors

28,705

19,792

Cash at bank and in hand

 

84,139

101,649

 

113,738

122,565

Creditors: Amounts falling due within one year

5

(52,621)

(63,272)

Net current assets

 

61,117

59,293

Total assets less current liabilities

 

162,105

133,159

Creditors: Amounts falling due after more than one year

6

(59,057)

(36,235)

Provisions for liabilities

(13,575)

(18,467)

Net assets

 

89,473

78,457

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

89,471

78,455

Total equity

 

89,473

78,457

For the financial year ending 31 March 2025 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 director acknowledges his 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 director on 3 August 2025
 




Mr N Townsend

Director

 

Neil Townsend Equine Dentistry and Surgery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1

General information

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

The address of its registered office is:
Inglemead
Brockamin Lane
Leigh
Worcester
WR6 5JU

These financial statements were authorised for issue by the director on 3 August 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

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 income 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.

 

Neil Townsend Equine Dentistry and Surgery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

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

Fixtures and fittings

25% straight line

Plant and machinery

25% straight line

Office equipment

25% straight line

Motor vehicles

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 1).

4

Tangible assets

Total
£

Cost or valuation

At 1 April 2024

89,295

Additions

58,737

Disposals

(608)

At 31 March 2025

147,424

Depreciation

At 1 April 2024

15,430

Charge for the year

31,006

At 31 March 2025

46,436

Carrying amount

At 31 March 2025

100,988

At 31 March 2024

73,866

5

Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £24,400 (2024 - £25,000).

6

Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £59,056 (2024 - £36,235).

 

Neil Townsend Equine Dentistry and Surgery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

7

Related party transactions

Advances to directors


Mr N Townsend

During the period Mr N Townsend went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £3,563. At the year end the amount outstanding from Mr N Townsend was £1,585.