REGISTERED NUMBER: 06057395 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Belle Vue Vets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Reid

Mr R J Todd

Mr I R Steele

Mr J B Kerr

Ms C A Jahnsdorf

SECRETARY:

Mr R J Todd

REGISTERED OFFICE:

Syke Park

Syke Road

Wigton

Cumbria

CA7 9NE

REGISTERED NUMBER:

06057395 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

584,407

568,683

Investments

6

1

1

584,408

568,684

CURRENT ASSETS

Stocks

194,883

225,474

Debtors

7

498,083

504,492

Cash at bank and in hand

299,345

290,234

992,311

1,020,200

CREDITORS

Amounts falling due within one year

8

596,935

506,849

NET CURRENT ASSETS

395,376

513,351

TOTAL ASSETS LESS CURRENT LIABILITIES

979,784

1,082,035

CREDITORS

Amounts falling due after more than one year

9

(275,704

)

-

PROVISIONS FOR LIABILITIES

(33,436

)

(23,512

)

NET ASSETS

670,644

1,058,523

CAPITAL AND RESERVES

Called up share capital

750

900

Capital redemption reserve

450

300

Retained earnings

669,444

1,057,323

670,644

1,058,523

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 August 2025 and were signed on its behalf by:

Mr A J Reid - Director

Mr R J Todd - Director

Ms C A Jahnsdorf - Director

Mr J B Kerr - Director

Mr I R Steele - Director

1.	STATUTORY INFORMATION

Belle Vue Vets 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Post balance sheet event

After the balance sheet date, the company was involved in a transaction to purchase 150 A Ordinary shares back from the estate of director Miss A Walker. The purchase of own shares resulted in a reduction in reserves of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

348,000

AMORTISATION

At 1 April 2024

and 31 March 2025

348,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

325,113

399,499

11,338

216,821

952,771

Additions

-

115,233

4,841

-

120,074

Disposals

-

-

-

(59,011

)

(59,011

)

At 31 March 2025

325,113

514,732

16,179

157,810

1,013,834

DEPRECIATION

At 1 April 2024

-

257,433

7,481

119,174

384,088

Charge for year

-

64,325

2,084

21,932

88,341

Eliminated on disposal

-

-

-

(43,002

)

(43,002

)

At 31 March 2025

-

321,758

9,565

98,104

429,427

NET BOOK VALUE

At 31 March 2025

325,113

192,974

6,614

59,706

584,407

At 31 March 2024

325,113

142,066

3,857

97,647

568,683

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

484,191

490,443

Other debtors

13,892

14,049

498,083

504,492

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

77,819

-

Trade creditors

236,488

161,964

Taxation and social security

275,147

293,386

Other creditors

7,481

51,499

596,935

506,849

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

275,704

-

10.	RELATED PARTY DISCLOSURES

The company owes the directors £nil (2024 - £40,000) at the year end. During the year advances of £455,800 (2024 - £472,500) were made and repayments of £415,800 (2024 - 462,500) were made by the directors to the company.

Lloyds Bank Plc holds a fixed and floating charge over the property of the company in relation to the mortgages taken out by Ms C A Jahnsdorf, Mr J B Kerr and Mr I R Steele.