Registration number: 09627160

Blackdown Vets Limited

Contents

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

Blackdown Vets Limited

(Registration number: 09627160)
Abridged Balance Sheet as at 30 June 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	12,107	20,105
Tangible assets	5	16,621	19,415
		28,728	39,520
Current assets
Stocks		21,808	30,378
Debtors		139,925	218,622
Cash at bank and in hand		61,167	17,589
		222,900	266,589
Creditors: Amounts falling due within one year		(109,723)	(95,880)
Net current assets		113,177	170,709
Total assets less current liabilities		141,905	210,229
Creditors: Amounts falling due after more than one year	6	(18,443)	(28,448)
Provisions for liabilities		(1,021)	(1,552)
Net assets		122,441	180,229
Capital and reserves
Called up share capital		1	1
Profit and loss account		122,440	180,228
Total equity		122,441	180,229

Blackdown Vets Limited

(Registration number: 09627160)
Abridged Balance Sheet as at 30 June 2024

For the financial year ending 30 June 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 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 16 September 2025
 

Mr T Rees

Director

Blackdown Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 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 Old Dairy
Shadrack
Berry Pomeroy
Totnes
Devon
TQ9 6LR

These financial statements were authorised for issue by the director on 16 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.

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.

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	20% Straight line
Plant and machinery	33% Straight line

Blackdown Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

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	10% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2023 - 6).

4	Intangible assets

	Total £
Cost or valuation
At 1 July 2023	79,982
At 30 June 2024	79,982
Amortisation
At 1 July 2023	59,877
Amortisation charge	7,998
At 30 June 2024	67,875
Carrying amount
At 30 June 2024	12,107
At 30 June 2023	20,105

Blackdown Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

5	Tangible assets

	Total £
Cost or valuation
At 1 July 2023	88,767
Additions	3,587
Disposals	(29,264)
At 30 June 2024	63,090
Depreciation
At 1 July 2023	69,352
Charge for the year	6,381
Eliminated on disposal	(29,264)
At 30 June 2024	46,469
Carrying amount
At 30 June 2024	16,621
At 30 June 2023	19,415

Included within the net book value of land and buildings above is £11,250 (2023 - £11,250) in respect of freehold land and buildings.
 

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 £18,443 (2023 - £28,448).