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Registration number: SC245998

Albyn Veterinary Clinic Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 March 2025

Albyn Veterinary Clinic Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 5

Albyn Veterinary Clinic Limited

(Registration number: SC245998)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 38,161 | 35,241
Current assets |  |  |
Stocks | 6 | 16,605 | 14,250
Debtors |  | 3,280 | 6,908
Cash at bank and in hand |  | 33,051 | 55,984
|  | 52,936 | 77,142
Creditors: Amounts falling due within one year |  | (83,844) | (106,487)
Net current liabilities |  | (30,908) | (29,345)
Total assets less current liabilities |  | 7,253 | 5,896
Provisions for liabilities |  | (6,152) | (5,313)
Net assets |  | 1,101 | 583
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 1,001 | 483
Total equity |  | 1,101 | 583

Albyn Veterinary Clinic Limited

(Registration number: SC245998)
Abridged Balance Sheet as at 31 March 2025

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 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 3 September 2025 and signed on its behalf by:

Mrs K Goldsworthy

Director

Mr G Goldsworthy

Director

Albyn Veterinary Clinic Limited

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 Scotland.

The address of its registered office is:
16 Greendykes Road
Broxburn
West Lothian
EH52 5AG

These financial statements were authorised for issue by the Board on 3 September 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.

Going concern

The financial statements have been prepared on a going concern basis. Of the company's current liabilities at 31 March 2025, an amount is owed to the directors who have agreed to continue to support the company, and not to demand repayment of the amount to the extent that any such repayment would jeopardise the future of the company.

Revenue recognition

Turnover comprises the amounts, excluding VAT, derived from the provision of goods and services to customers during the year.

Tax

The tax 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.

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
Plant & Machinery | 15% reducing balance
Leasehold improvements | Straight line over the length of the lease

Albyn Veterinary Clinic Limited

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

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which the directors consider to be twenty years.

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 of sale.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

4 | Intangible assets

| Total £
Cost or valuation
At 1 April 2024 | 70,000
At 31 March 2025 | 70,000
Amortisation
At 1 April 2024 | 70,000
At 31 March 2025 | 70,000
Carrying amount
At 31 March 2025 | -

Albyn Veterinary Clinic Limited

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

5 | Tangible assets

| Total £
Cost or valuation
At 1 April 2024 | 138,470
Additions | 7,701
At 31 March 2025 | 146,171
Depreciation
At 1 April 2024 | 103,230
Charge for the year | 4,780
At 31 March 2025 | 108,010
Carrying amount
At 31 March 2025 | 38,161
At 31 March 2024 | 35,241

6 | Stocks

| 2025 £ | 2024 £
Stock | 16,605 | 14,250

7 | 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 £130,200 (2024 - £134,604).