ANIMALS ARE US LTD


Directors	MUGE, David, Dr
	MWANGI, David


Registered Address	Petwell House
	319 Station Road
	Hayes
	UB3 4JF


Registered Number	04452812 (England and Wales)

Balance Sheet as at
30 November 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	4		48,779		53,981
			48,779		53,981
Current assets
Stocks	5	21,444		21,338
Debtors	6	38,887		77,401
Cash at bank and on hand		4,555		5,972
		64,886		104,711
Creditors amounts falling due within one year	7	(604,266)		(509,182)
Net current assets (liabilities)			(539,380)		(404,471)
Total assets less current liabilities			(490,601)		(350,490)
Net assets			(490,601)		(350,490)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(490,701)		(350,590)
Shareholders' funds			(490,601)		(350,490)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 August 2025, and are signed on its behalf by:

MUGE, David, Dr
Director

MWANGI, David
Director

Registered Company No. 04452812

ANIMALS ARE US LTD

Notes to the Financial Statements
for the year ended 30 November 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	15
	Vehicles	25
	Office Equipment	15

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2024		2023
	Average number of employees during the year	10		13

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 December 23	30,000	30,000
At 30 November 24	30,000	30,000
Amortisation and impairment
At 01 December 23	30,000	30,000
At 30 November 24	30,000	30,000
Net book value
At 30 November 24	-	-
At 30 November 23	-	-

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 December 23	29,382	5,035	109,947	13,329	157,693
Additions	-	-	5,350	-	5,350
At 30 November 24	29,382	5,035	115,297	13,329	163,043
Depreciation and impairment
At 01 December 23	11,108	4,946	78,678	8,980	103,712
Charge for year	4,569	22	5,309	652	10,552
At 30 November 24	15,677	4,968	83,987	9,632	114,264
Net book value
At 30 November 24	13,705	67	31,310	3,697	48,779
At 30 November 23	18,274	89	31,269	4,349	53,981

5.	Stocks

	2024	2023
	£	£
Raw materials and consumables	21,444	21,338
Total	21,444	21,338

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	18,569	18,699
Amounts owed by group undertakings	-	35,076
Other debtors	15,341	19,150
Prepayments and accrued income	4,977	4,476
Total	38,887	77,401

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	49,328	93,259
Amounts owed to related parties	181,195	119,647
Taxation and social security	205,569	197,164
Other creditors	168,174	96,599
Accrued liabilities and deferred income	-	2,513
Total	604,266	509,182

8.	Directors advances, credits and guarantees
	Included in other creditors is an amount of £58,851 (2023: £45,154) and £Nil (2023: £3,000) relating to the directors' loan account Mr. D Mwangi and Mr. D Muge Respectively.

9.	Related party transactions
	At the year-end, Amounts owed by/(to) group undertakings balance includes £114,486 (2023: £119,647) due to Liberty May Ltd and £66,709 (2023: £35,076) due from Allivet Ltd, where Mr. David Muge is a director of the Liberty May Limited and Mr. Mwangi is director of the Allivet Limited.