REGISTERED NUMBER: SC633997 (Scotland)

Blackadder Practice Limited

Unaudited Financial Statements

for the Year Ended 30th June 2024

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

5

Director:

Dr L J Parish

Registered office:

Po Box 24238

Sc633997 - Companies House Default Addre

Edinburgh

EH7 9HR

Business address:

The Farmhouse

Blackadder West Farm

Edrom

Duns

United Kingdom

TD11 3LX

Registered number:

SC633997 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Current assets

Debtors

4

6,000

2,380

Cash at bank

1,534

455

7,534

2,835

Creditors

Amounts falling due within one year

5

7,943

1,600

Net current (liabilities)/assets

(409

)

1,235

Total assets less current liabilities

(409

)

1,235

Creditors

Amounts falling due after more than one year

6

-

5,407

Net liabilities

(409

)

(4,172

)

Capital and reserves

Called up share capital

1

1

Retained earnings

(410

)

(4,173

)

(409

)

(4,172

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th September 2025 and were signed by:

Dr L J Parish - Director

1.	Statutory information

Blackadder Practice Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales invoiced during the year.

Turnover arising from the provision of veterinary services is recognised as the right to consideration is earned.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors' loans.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The company has a deficit on the balance sheet. The director is confident that the company can trade out of its current situation. The accounts have therefore been prepared on the going concern basis.

3.	Employees and directors

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

4.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

6,000

2,380

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

6,500

1,600

Taxation and social security

883

-

Other creditors

560

-

7,943

1,600

6.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Trade creditors

-

5,407