Registration number: NI606473

Jubilee Veterinary Centre Limited

Contents

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

Jubilee Veterinary Centre Limited

(Registration number: NI606473)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	35,355
Tangible assets	5	856,698	468,012
		856,698	503,367
Current assets
Stocks	6	453,333	378,555
Debtors		663,231	771,135
Cash at bank and in hand		384,642	640,144
		1,501,206	1,789,834
Creditors: Amounts falling due within one year		(592,504)	(633,658)
Net current assets		908,702	1,156,176
Total assets less current liabilities		1,765,400	1,659,543
Provisions for liabilities		(116,483)	(97,485)
Net assets		1,648,917	1,562,058
Capital and reserves
Called up share capital		225	225
Profit and loss account		1,648,692	1,561,833
Total equity		1,648,917	1,562,058

Jubilee Veterinary Centre Limited

(Registration number: NI606473)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 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 directors acknowledge their 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 Board on 25 September 2025 and signed on its behalf by:
 

Mr G Torney

Director

Mr A Mayne

Director

Mr G Bell

Director

Mr N Harbinson

Director

Jubilee Veterinary Centre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
3 Jubilee Road
Newtownards
County Down
BT23 4YH

These financial statements were authorised for issue by the Board on 25 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the amounts, excluding value added tax, 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 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	25% reducing balance
Plant and machinery	10% straight line
Fixtures and fittings	10% straight line

Jubilee Veterinary Centre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Leasehold property

2% straight line

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 51 (2024 - 43).

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2024	957,850
At 31 March 2025	957,850
Amortisation
At 1 April 2024	922,495
Amortisation charge	35,355
At 31 March 2025	957,850
Carrying amount
At 31 March 2025	-
At 31 March 2024	35,355

Jubilee Veterinary Centre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Total £
Cost or valuation
At 1 April 2024	1,016,868
Additions	452,179
At 31 March 2025	1,469,047
Depreciation
At 1 April 2024	548,856
Charge for the year	63,493
At 31 March 2025	612,349
Carrying amount
At 31 March 2025	856,698
At 31 March 2024	468,012

6

Stocks

	2025 £	2024 £
Stock	453,333	378,555

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2024 - £10,442).