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Registration number: 15426114

Joanna Agrivet Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Period from 19 January 2024 to 30 June 2025

Joanna Agrivet Limited

Contents

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

Joanna Agrivet Limited

(Registration number: 15426114)
Abridged Balance Sheet as at 30 June 2025

| Note | 2025 £
Fixed assets |  |
Investment property |  | 200,000
Investments | 4 | 4,500
Other financial assets | 5 | 221,100
|  | 425,600
Current assets |  |
Debtors |  | 48
Cash at bank and in hand |  | 19,650
|  | 19,698
Creditors: Amounts falling due within one year |  | (178,589)
Net current liabilities |  | (158,891)
Total assets less current liabilities |  | 266,709
Creditors: Amounts falling due after more than one year |  | (56,316)
Net assets |  | 210,393
Capital and reserves |  |
Called up share capital |  | 100
Profit and loss account |  | 210,293
Total equity |  | 210,393

For the financial period ending 30 June 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 period 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 15 October 2025 and signed on its behalf by:

Mr J J G Hares

Director

Mrs A E Hares

Director

Joanna Agrivet Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 19 January 2024 to 30 June 2025

1 | General information

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

The address of its registered office is:
Shepton Veterinary Group
Allyn Saxon Drive
Shepton Mallet
Somerset
BA4 5QH

These financial statements were authorised for issue by the Board on 15 October 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.

Disclosure of long or short period

The accounts are prepared for a period longer than one year as it is the first set of accounts prepared from company incorporation.

Going concern
The financial statements have been prepared on a going concern basis. Of the company's current liabilities, an amount is owed to the directors, who have agreed to continue to support the company, and not to demand repayment of the amount to the extent that any such reapyment would jeopardise the future of the company.

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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Joanna Agrivet Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 19 January 2024 to 30 June 2025

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4 | Investments

| Total £
Cost or valuation
Additions | 4,500
Carrying amount
At 30 June 2025 | 4,500

5 | Other financial assets (current and non-current)

| Total £
Non-current financial assets
Cost or valuation
Additions | 221,100
At 30 June 2025 | 221,100
Carrying amount
At 30 June 2025 | 221,100