Registration number: 7359998

Grange Vets Darlington Limited

Contents

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

Grange Vets Darlington Limited

(Registration number: 7359998)
Abridged Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	69,206	80,740
Tangible assets	5	51,877	58,047
		121,083	138,787
Current assets
Stocks		54,025	39,820
Debtors		46,593	64,360
Cash at bank and in hand		186,386	211,058
		287,004	315,238
Creditors: Amounts falling due within one year		(221,480)	(211,994)
Net current assets		65,524	103,244
Total assets less current liabilities		186,607	242,031
Provisions for liabilities		(3,502)	(12,974)
Net assets		183,105	229,057
Capital and reserves
Called up share capital		100	100
Profit and loss account		183,005	228,957
Total equity		183,105	229,057

Grange Vets Darlington Limited

(Registration number: 7359998)
Abridged Balance Sheet as at 28 February 2025

For the financial year ending 28 February 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 her 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 17 September 2025
 

Miss A Pickering

Director

Grange Vets Darlington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 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:
Grange Vets Darlington Ltd
Victoria Road
Darlington
County Durham
DL1 5SJ

These financial statements were authorised for issue by the director on 17 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.

Revenue recognition

Turnover represents the amounts, excluding VAT, 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 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
Fixtures and equipment	15% reducing balance
Motor vehicles	25% reducing balance

Grange Vets Darlington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 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 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 to complete of sale.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 22 (2024 - 22).

4	Intangible assets

	Total £
Cost or valuation
At 1 March 2024	230,683
At 28 February 2025	230,683
Amortisation
At 1 March 2024	149,943
Amortisation charge	11,534
At 28 February 2025	161,477
Carrying amount
At 28 February 2025	69,206
At 29 February 2024	80,740

Grange Vets Darlington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

5	Tangible assets

	Total £
Cost or valuation
At 1 March 2024	211,564
Additions	3,003
At 28 February 2025	214,567
Depreciation
At 1 March 2024	153,517
Charge for the year	9,173
At 28 February 2025	162,690
Carrying amount
At 28 February 2025	51,877
At 29 February 2024	58,047