REGISTERED NUMBER: 03688936 (England and Wales)

PETCETERA INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H E Wilson

F E B Wilson

SECRETARY:

F E B Wilson

REGISTERED OFFICE:

Bradeley Green Farm

Tarporley Road

Whitchurch

Shropshire

SY13 4HD

REGISTERED NUMBER:

03688936 (England and Wales)

FIXED ASSETS

Intangible assets

4

3,750

4,500

Tangible assets

5

2,987

4,693

6,737

9,193

CURRENT ASSETS

Stocks

204,574

201,293

Debtors

6

3,014

3,280

Cash at bank

18,666

5,598

226,254

210,171

CREDITORS

Amounts falling due within one year

7

197,300

189,117

NET CURRENT ASSETS

28,954

21,054

TOTAL ASSETS LESS CURRENT LIABILITIES

35,691

30,247

CREDITORS

Amounts falling due after more than one year

8

-

(10,368

)

PROVISIONS FOR LIABILITIES

(568

)

(892

)

NET ASSETS

35,123

18,987

CAPITAL AND RESERVES

Called up share capital

10

20

20

Profit and loss account

35,103

18,967

SHAREHOLDERS' FUNDS

35,123

18,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

H E Wilson - Director

F E B Wilson - Director

1.	STATUTORY INFORMATION

Petcetera International Limited is a private company, limited by shares , registered in England and Wales. 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 net invoiced sales of goods and services, excluding Value Added Tax.

Goodwill

Goodwill represents the amount paid on the acquisition of a business and is being amortised evenly over its estimated useful life of twenty years.

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.

Depreciation

Depreciation is provided for at the following annual rates in order to write off the cost of each asset over its estimated useful life:

Plant and equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value.

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

15,000

AMORTISATION

At 1 June 2024

10,500

Charge for year

750

At 31 May 2025

11,250

NET BOOK VALUE

At 31 May 2025

3,750

At 31 May 2024

4,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

equipment

fittings

vehicles

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

45,303

69,705

8,150

123,158

DEPRECIATION

At 1 June 2024

42,069

68,246

8,150

118,465

Charge for year

968

738

-

1,706

At 31 May 2025

43,037

68,984

8,150

120,171

NET BOOK VALUE

At 31 May 2025

2,266

721

-

2,987

At 31 May 2024

3,234

1,459

-

4,693

6.

DEBTORS

2025

2024

£

£

Trade debtors

1,611

230

Corporation tax recoverable

-

1,722

Prepayments

1,403

1,328

3,014

3,280

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,427

32,124

Trade creditors

42,589

18,798

Corporation tax

4,418

-

Social security and other taxes

22,478

21,807

Directors' current accounts

114,476

113,476

Accruals

2,912

2,912

197,300

189,117

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,368

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

-

17,205

Bank loans

10,427

20,615

10,427

37,820

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20

Ordinary

£1

20

20