Registration number: 06527705

Broad Lane Vets Limited

Contents

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

Broad Lane Vets Limited

(Registration number: 06527705)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	125,131	150,340
Tangible assets	5	221,589	232,550
Other financial assets	6	10,000	10,000
		356,720	392,890
Current assets
Stocks		161,473	218,358
Debtors		67,298	131,540
Cash at bank and in hand		14,264	94,332
		243,035	444,230
Creditors: Amounts falling due within one year		(413,968)	(489,871)
Net current liabilities		(170,933)	(45,641)
Total assets less current liabilities		185,787	347,249
Provisions for liabilities		(13,579)	(15,827)
Net assets		172,208	331,422
Capital and reserves
Called up share capital		100	100
Profit and loss account		172,108	331,322
Total equity		172,208	331,422

Broad Lane Vets Limited

(Registration number: 06527705)
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 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 5 November 2025 and signed on its behalf by:
 

Ms E Pittaway

Director

Ms A Walls

Director

Mrs A White

Director

Broad Lane Vets 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:
255 Broad Lane
Coventry
West Midlands
CV5 7AQ

These financial statements were authorised for issue by the Board on 5 November 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. The directors have confirmed that they will not seek repayment of any amount until the company has sufficient funds to do so therefore the company will have sufficient funding to enable it to continue trading for at least one year from the date of approval.

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.

Broad Lane Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 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 property	2% straight line
Fixtures and fittings	15% reducing balance
Motor vehicles	25% 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	over 20 years

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 74 (2024 - 72).

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2024	504,185
At 31 March 2025	504,185
Amortisation
At 1 April 2024	353,845
Amortisation charge	25,209
At 31 March 2025	379,054
Carrying amount
At 31 March 2025	125,131
At 31 March 2024	150,340

Broad Lane Vets 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	560,976
Additions	16,957
At 31 March 2025	577,933
Depreciation
At 1 April 2024	328,426
Charge for the year	27,918
At 31 March 2025	356,344
Carrying amount
At 31 March 2025	221,589
At 31 March 2024	232,550

6	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
At 1 April 2024	10,000
At 31 March 2025	10,000
Carrying amount
At 31 March 2025	10,000

7	Related party transactions

Advances to directors