REGISTERED NUMBER: 00888218 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A.COOMBS PET CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E Harper

S J Harper

Mrs C A Harper

SECRETARY:

R E Harper

REGISTERED OFFICE:

19-21 Baker Street

Brighton

East Sussex

BN1 4JN

REGISTERED NUMBER:

00888218 (England and Wales)

ACCOUNTANTS:

Parkers

Cornelius House

178-180 Church Road

Hove

East Sussex

BN3 2DJ

FIXED ASSETS

Tangible assets

4

97,336

72,279

CURRENT ASSETS

Stocks

395,200

395,200

Debtors

5

67,697

33,370

Cash at bank and in hand

16,053

52,589

478,950

481,159

CREDITORS

Amounts falling due within one year

6

215,828

157,908

NET CURRENT ASSETS

263,122

323,251

TOTAL ASSETS LESS CURRENT LIABILITIES

360,458

395,530

PROVISIONS FOR LIABILITIES

7

14,747

12,248

NET ASSETS

345,711

383,282

CAPITAL AND RESERVES

Called up share capital

80

80

Retained earnings

345,631

383,202

SHAREHOLDERS' FUNDS

345,711

383,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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 2nd September 2025 and were signed on its behalf by:

R E Harper - Director

1.	STATUTORY INFORMATION

A.Coombs Pet Centre 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.

Significant judgements and estimates

No significant judgements have had to be made by the directors in preparing these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Website & database

-

33% 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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Taxation

Taxation for the year 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 year 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.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss

Stock is also assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of stock or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st January 2024

54,495

29,657

218,381

Additions

15,000

19,749

8,264

At 31st December 2024

69,495

49,406

226,645

DEPRECIATION

At 1st January 2024

46,292

15,029

191,367

Charge for year

3,480

5,157

5,292

At 31st December 2024

49,772

20,186

196,659

NET BOOK VALUE

At 31st December 2024

19,723

29,220

29,986

At 31st December 2023

8,203

14,628

27,014

Motor

Website &

vehicles

database

Totals

£

£

£

COST

At 1st January 2024

44,658

6,700

353,891

Additions

-

2,368

45,381

At 31st December 2024

44,658

9,068

399,272

DEPRECIATION

At 1st January 2024

22,279

6,645

281,612

Charge for year

5,595

800

20,324

At 31st December 2024

27,874

7,445

301,936

NET BOOK VALUE

At 31st December 2024

16,784

1,623

97,336

At 31st December 2023

22,379

55

72,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

67,697

33,370

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

115,182

93,014

Taxation and social security

51,022

55,800

Other creditors

49,624

9,094

215,828

157,908

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

14,747

12,248

Deferred

tax

£

Balance at 1st January 2024

12,248

Provided during year

2,499

Balance at 31st December 2024

14,747