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Company Registration No. 13979416 (England and Wales)
THE GUILDFORD VET LIMITED Unaudited accounts for the period from 30 November 2024 to 31 August 2025
THE GUILDFORD VET LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE GUILDFORD VET LIMITED Company Information for the period from 30 November 2024 to 31 August 2025
Directors
GRAY, Christian Andrew GRAY, Lucille Gracie Sally
Company Number
13979416 (England and Wales)
Registered Office
LONGFREY COTTAGE DORKING ROAD CHILWORTH GUILDFORD GU4 8RH ENGLAND
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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THE GUILDFORD VET LIMITED Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
317,057
317,364
Current assets
Inventories
43,987
36,656
Debtors
5
48,390
36,378
Cash at bank and in hand
197,956
115,059
290,333
188,093
Creditors: amounts falling due within one year
6
(174,644)
(140,768)
Net current assets
115,689
47,325
Total assets less current liabilities
432,746
364,689
Creditors: amounts falling due after more than one year
7
(129,675)
(315,850)
Provisions for liabilities
Deferred tax
(40,658)
(48,839)
Net assets
262,413
-
Capital and reserves
Profit and loss account
262,413
-
Shareholders' funds
262,413
-
For the period ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
GRAY, Christian Andrew Director Company Registration No. 13979416
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THE GUILDFORD VET LIMITED Notes to the Accounts for the period from 30 November 2024 to 31 August 2025
1
Statutory information
THE GUILDFORD VET LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13979416. The registered office is LONGFREY COTTAGE DORKING ROAD, CHILWORTH , GUILDFORD, GU4 8RH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
3% SL
Plant & machinery
15% SL
Fixtures & fittings
15% SL
Computer equipment
25% SL
Other tangible fixed assets
20% SL
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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THE GUILDFORD VET LIMITED Notes to the Accounts for the period from 30 November 2024 to 31 August 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 30 November 2024
117,742
210,023
-
104,228
10,224
442,217
Additions
21,875
626
16,658
3,297
1,038
43,494
At 31 August 2025
139,617
210,649
16,658
107,525
11,262
485,711
Depreciation
At 30 November 2024
8,603
73,835
-
36,621
5,794
124,853
Charge for the period
3,375
24,246
2,082
12,111
1,987
43,801
At 31 August 2025
11,978
98,081
2,082
48,732
7,781
168,654
Net book value
At 31 August 2025
127,639
112,568
14,576
58,793
3,481
317,057
At 29 November 2024
109,139
136,188
-
67,607
4,430
317,364
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
39,841
19,050
Accrued income and prepayments
8,549
17,328
48,390
36,378
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
41,351
42,485
Trade creditors
49,582
36,601
Taxes and social security
98,935
14,845
Other creditors
2,406
(39,419)
Loans from directors
-
38,122
Accruals
2,141
62,725
Deferred income
(19,771)
(14,591)
174,644
140,768
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
129,675
315,850
8
Pension commitments
The company operates a defined contribution pension scheme, Nest for all employees.
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THE GUILDFORD VET LIMITED Notes to the Accounts for the period from 30 November 2024 to 31 August 2025
9
Transactions with related parties
During the year under review, the company has paid rent of £47,304 to WILD DAISIES LIMITED, shareholders of the company, for use of freehold property by the company, which is owned by them. The lease is under formal contract terms and has an independently verified rent review period every one year. WILD DAISIES LIMITED, the shareholder of the company has given a loan to the company of £512,726.30 at the end of the period the loan stands at £131,521.38. The terms of the loan confirm that: (a) the Loan may be prepaid at any time but otherwise shall be repaid in quarterly instalments commencing on the first 1 January, 1 April, 1 July or 1 October (each, a “Quarter Day”) following the date on which the accountant to the Company determines that the Company has made a profit (“Profit Date”) and on each Quarter Day thereafter until the Loan has been fully repaid (each such date, a “Payment Date”); (b) such instalments are intended to repay the Loan within ten years following the date of the Agreement so shall be calculated as: Total Loan ÷ the number of Payment Dates between the Profit Date and 6 June 2032; (c) the Loan will carry interest for each 12 month period (commencing with the date on which any part of the Loan is first made, “the Loan Date”) at the percentage rate which is equal to the percentage rate of consumer price inflation in the 12 month period ending on the anniversary next following the relevant 12 month period of the last day of the month of the Loan Date; (d) that rate shall be that published on the website of the Office of National Statistics (or such body as succeeds it from time to time); (e) the interest shall be paid on each Payment Date and calculated on each Payment Date as: Total interest then due ÷ the number of Payment Dates (including the present one) until 6 June 2032; In the year, a management charge was paid to the Wild Daisies, the shareholder of the company equal £1,956.52. Intercompany and Related Party Loans As of 31 August 2025, the following loans to associated companies were outstanding: Ivy Castle Limited owes £1,544.26 (2025: £0) to The Guildford Vet Ltd. There are no fixed repayment terms, and no interest is charged on this loan. Wild Clover Limited owes £302.28 (2025: £0) to The Guildford Vet Ltd. There are no fixed repayment terms, and no interest is charged on this loan. The following entities are associated companies of Ivy Castle Investments Limited: - Wild Daisies Limited (11700368) - Wild Clover Limited (14638324) - Willow Storage Solutions Limited (09081736) - Ivy Castle Investments Limited (11841604)
10
Controlling party
Name: WILD DAISIES LIMITED Company number: 11700368 Registered Office: High Loxley Dunsfold Road, Loxhill, Godalming, Surrey, England, GU8 4BW 25 Ordinary A 25 Ordinary B 25 Ordinary C 25 Ordinary D
11
Average number of employees
During the period the average number of employees was 19 (2024: 19).
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