Registration number: 11685841

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

Contents

Abridged Balance Sheet	1 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 5

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

(Registration number: 11685841)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £	2023 £
Fixed assets
Tangible assets	4	322	416
Current assets
Debtors		-	4,270
Cash at bank and in hand		-	1,821
		-	6,091
Creditors: Amounts falling due within one year		(5,244)	(5,931)
Net current (liabilities)/assets		(5,244)	160
Total assets less current liabilities		(4,922)	576
Provisions for liabilities		-	(80)
Net (liabilities)/assets		(4,922)	496
Capital and reserves
Called up share capital		1	1
Profit and loss account		(4,923)	495
Total equity		(4,922)	496

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

(Registration number: 11685841)
Abridged Balance Sheet as at 31 May 2025

For the financial period ending 31 May 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.

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

(Registration number: 11685841)
Abridged Balance Sheet as at 31 May 2025

Approved and authorised by the Board on 27 November 2025 and signed on its behalf by:
 

T Smart

Director

M T Smart

Director

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2023 to 31 May 2025

1	General information

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

The company was formerly known as Smart the Locum Limited.

The address of its registered office is:
High Clear Barn
Beaconhill Lane
Monkhopton
Bridgnorth
Shropshire
WV16 6UU

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

These accounts have been prepared for a period of one year and six months as the company has been dormant during this time.

Going concern

The financial statements have been prepared on a going concern basis. Of the company's current liabilities at 31 May 2025, 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 repayment 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.

Priory Vets Much Wenlock Ltd
(formerly Smart the Locum Limited)

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2023 to 31 May 2025

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
Fixtures and equipment	15% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2023 - 2).

4	Tangible assets

	Total £
Cost or valuation
At 1 December 2023	863
At 31 May 2025	863
Depreciation
At 1 December 2023	447
Charge for the period	94
At 31 May 2025	541
Carrying amount
At 31 May 2025	322
At 30 November 2023	416

5	Related party transactions

Advances to directors

T Smart During the period T Smart went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £743 (2023 - £16,782). At the year end the amount outstanding from T Smart was £Nil (2023 - £743). Interest has been charged at the commercial rate.

6	Non adjusting events after the financial period

Shortly after the year end, the company commenced trade as a Veterinary Practice.