Registration number: 07212510

Equine Dental Services (South West) Limited

Contents

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

Equine Dental Services (South West) Limited

(Registration number: 07212510)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	47,500	57,000
Tangible assets	5	155,976	157,726
		203,476	214,726
Current assets
Debtors		52,932	40,968
Cash at bank and in hand		56,767	31,218
		109,699	72,186
Creditors: Amounts falling due within one year		(270,526)	(231,961)
Net current liabilities		(160,827)	(159,775)
Total assets less current liabilities		42,649	54,951
Creditors: Amounts falling due after more than one year		(8,887)	(14,142)
Provisions for liabilities		(33,327)	(33,117)
Net assets		435	7,692
Capital and reserves
Called up share capital		100	100
Profit and loss account		335	7,592
Total equity		435	7,692

Equine Dental Services (South West) Limited

(Registration number: 07212510)
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 Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

Mr T Lee

Director

Mr H Billson

Director

Equine Dental Services (South West) 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 England and Wales.

The address of its registered office is:
Ashgrove Farm
Sand
Wedmore
Somerset
BS28 4XF

These financial statements were authorised for issue by the Board on 30 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. Of the company's liabilities at 31 March 2025 £81,620 is owed to associated companies and the director, who have agreed not to demand repayment of this amount for at least one year after the date of the approval of these accounts to the extent that any such repayment would jeopardise the future of the company. The associated companies and director have also agreed that they will continue to provide financial support for at least 12 months from the date of approval of these accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Equine Dental Services (South West) Limited

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

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.

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	20% reducing balance
Plant and machinery	20% reducing balance
Office equipment	20% reducing balance
Leasehold improvements	15% reducing balance

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	5% straight line

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 7).

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2024	190,000
At 31 March 2025	190,000
Amortisation
At 1 April 2024	133,000
Amortisation charge	9,500
At 31 March 2025	142,500
Carrying amount
At 31 March 2025	47,500
At 31 March 2024	57,000

Equine Dental Services (South West) 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	339,431
Additions	36,050
At 31 March 2025	375,481
Depreciation
At 1 April 2024	181,705
Charge for the year	37,800
At 31 March 2025	219,505
Carrying amount
At 31 March 2025	155,976
At 31 March 2024	157,726

6	Related party transactions

Summary of transactions with other related parties

Within other creditors is a loan from Equine Blades Direct Limited for £154,712 (2024: £134,510) which is a related party under common control.