REGISTERED NUMBER: 05688976 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The House Of Paws Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Bates

V M Evans

C E Heath

SECRETARY:

J M Bates

REGISTERED OFFICE:

Dinghills Farm Oakham Road

Somerby

Melton Mowbray

Leicestershire

LE14 2QF

REGISTERED NUMBER:

05688976 (England and Wales)

FIXED ASSETS

Tangible assets

4

883,842

898,176

CURRENT ASSETS

Stocks

479,435

597,215

Debtors

5

166,235

412,817

Cash at bank

362,637

259,605

1,008,307

1,269,637

CREDITORS

Amounts falling due within one year

6

375,486

536,781

NET CURRENT ASSETS

632,821

732,856

TOTAL ASSETS LESS CURRENT LIABILITIES

1,516,663

1,631,032

CREDITORS

Amounts falling due after more than one year

7

(20,870

)

(70,862

)

PROVISIONS FOR LIABILITIES

(35,928

)

(50,518

)

NET ASSETS

1,459,865

1,509,652

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

301,152

274,396

Retained earnings

1,158,613

1,235,156

SHAREHOLDERS' FUNDS

1,459,865

1,509,652

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 9 December 2025 and were signed on its behalf by:

V M Evans - Director

1.	STATUTORY INFORMATION

The House Of Paws 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Land and buildings held and used in the Company's own activities for supply of goods or for administrative purposes are stated in the balance sheet at their revalued amounts. The revalued amounts equate to the fair value at the date of revaluation, less any depreciation or impairment losses subsequently accumulated. Revaluations are carried out regularly so that the carrying amounts do not materially differ from using the fair value at the date of the balance sheet.

Any revaluation increase on land and buildings is credited to the property revaluation reserve.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

860,000

249,321

26,700

1,136,021

Additions

-

1,221

-

1,221

At 31 March 2025

860,000

250,542

26,700

1,137,242

DEPRECIATION

At 1 April 2024

-

230,614

7,231

237,845

Charge for year

-

8,880

6,675

15,555

At 31 March 2025

-

239,494

13,906

253,400

NET BOOK VALUE

At 31 March 2025

860,000

11,048

12,794

883,842

At 31 March 2024

860,000

18,707

19,469

898,176

Cost or valuation at 31 March 2025 is represented by:

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

Valuation in 2024

197,616

-

-

197,616

Cost

662,384

250,542

26,700

939,626

860,000

250,542

26,700

1,137,242

If the leasehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

662,384

662,384

Aggregate depreciation

323,636

290,517

The leasehold property was valued on an open market basis on 9 October 2023 by A V Wainwright MRICS .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

93,159

290,443

Other debtors

73,076

122,374

166,235

412,817

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,992

98,957

Trade creditors

9,029

70,343

Taxation and social security

40,793

69,627

Other creditors

275,672

297,854

375,486

536,781

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,870

70,862

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

-

48,965

Bank loans

70,862

120,854

70,862

169,819

The bank overdraft and loans are secured by way of a fixed and floating charge over the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.