Registration number: SC649199

Tinto Farm Vets Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 6

Tinto Farm Vets Limited

(Registration number: SC649199)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	275,035	156,571
Other financial assets	5	10,000	-
		285,035	156,571
Current assets
Stocks		84,681	50,107
Debtors		740,982	686,686
Cash at bank and in hand		291,357	390,868
		1,117,020	1,127,661
Creditors: Amounts falling due within one year		(394,457)	(251,150)
Net current assets		722,563	876,511
Total assets less current liabilities		1,007,598	1,033,082
Provisions for liabilities		(59,431)	(33,585)
Net assets		948,167	999,497
Capital and reserves
Called up share capital		200	200
Profit and loss account		947,967	999,297
Total equity		948,167	999,497

Tinto Farm Vets Limited

(Registration number: SC649199)
Abridged Balance Sheet as at 31 May 2025

For the financial year ending 31 May 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 C McGregor

Director

Mr R Wilson

Director

Tinto Farm Vets Limited

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

1	General information

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

The address of its registered office is:
75 Lanark Road
Carstairs
Lanark
South Lanarkshire
ML11 8QL

The principal place of business is:
75 Lanark Road
Carstairs
Lanark
ML11 8QL

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.

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 income 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.

Tinto Farm Vets Limited

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

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
Freehold improvements	2% straight line
Office equipment	10% reducing balance
Motor vehicles	25% reducing balance
Plant and machinery	10% reducing balance
Fixtures and fittings	10% reducing balance

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

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 7 (2024 - 6).

Tinto Farm Vets Limited

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

4	Tangible assets

	Total £
Cost or valuation
At 1 June 2024	243,567
Additions	220,211
Disposals	(55,201)
At 31 May 2025	408,577
Depreciation
At 1 June 2024	86,994
Charge for the year	59,866
Eliminated on disposal	(13,318)
At 31 May 2025	133,542
Carrying amount
At 31 May 2025	275,035
At 31 May 2024	156,571

5	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
Additions	10,000
At 31 May 2025	10,000
Carrying amount
At 31 May 2025	10,000

Tinto Farm Vets Limited

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

6	Related party transactions

Advances to directors

Mr R Wilson During the period Mr R Wilson went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £30,031 (2024 - £74,197). At the year end the amount outstanding from Mr R Wilson was £Nil (2024 - £Nil). Interest has been charged at the commercial rate.

Mr C McGregor During the period Mr C McGregor went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £31,746 (2024 - £75,441). At the year end the amount outstanding from Mr C McGregor was £Nil (2024 - £Nil). Interest has been charged at the commercial rate.