Company registration number 09335559 (England and Wales)
THE PET OBSESSORS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
THE PET OBSESSORS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
THE PET OBSESSORS LTD
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
22,800
28,919
Cash at bank and in hand
4,548
2,989
27,348
31,908
Creditors: amounts falling due within one year
4
(9,731)
(13,691)
Net current assets
17,617
18,217
Creditors: amounts falling due after more than one year
5
(23,602)
(26,407)
Net liabilities
(5,985)
(8,190)
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
(6,085)
(8,290)
Total equity
(5,985)
(8,190)

The notes on pages 2 to 4 form part of these financial statements.

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 December 2025 and are signed on its behalf by:
T Drye
Director
Company registration number 09335559 (England and Wales)
THE PET OBSESSORS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 2 -
1
Accounting policies
Company information

The Pet Obsessors Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Kinnaird Hill, Norfolk House, 4 Station Road, St Ives, Cambs, PE27 5AF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future due to the group having sufficient resources to support the subsidiary.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

THE PET OBSESSORS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
22,800
28,919
THE PET OBSESSORS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
5,111
5,111
Taxation and social security
480
5,680
Other creditors
3,090
1,900
Accruals and deferred income
1,050
1,000
9,731
13,691
5
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
23,602
26,407

Partial guarantees have been provided by the secretary of state under the Coronavirus business interruption loan scheme.

6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
7
Related party transactions
Transactions with related parties

During the year, The Pet Obsessors Limited ha ve entered into related party transactions, all of which are 100% owned subsidiaries and traded on a commercial basis. Therefore, no related party note is required.

8
Parent company

The parent company of The Pet Obsessors Ltd is Chapel House Group Ltd and its registered office is Norfolk House, 4 Station Road, St.Ives, Cambridgeshire PE27 5AF.

2025-04-30 2024-05-01 false false false 02 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity T Drye S Drye N Drye 09335559 2024-05-01 2025-04-30 09335559 2025-04-30 09335559 2024-04-30 09335559 core:ShareCapital 2025-04-30 09335559 core:ShareCapital 2024-04-30 09335559 core:RetainedEarningsAccumulatedLosses 2025-04-30 09335559 core:RetainedEarningsAccumulatedLosses 2024-04-30 09335559 core:ShareCapitalOrdinaryShareClass1 2025-04-30 09335559 core:ShareCapitalOrdinaryShareClass1 2024-04-30 09335559 bus:Director1 2024-05-01 2025-04-30 09335559 2023-05-01 2024-04-30 09335559 core:CurrentFinancialInstruments 2025-04-30 09335559 core:CurrentFinancialInstruments 2024-04-30 09335559 core:Non-currentFinancialInstruments 2025-04-30 09335559 core:Non-currentFinancialInstruments 2024-04-30 09335559 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 09335559 bus:OrdinaryShareClass1 2025-04-30 09335559 bus:OrdinaryShareClass1 2024-04-30 09335559 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 09335559 bus:FRS102 2024-05-01 2025-04-30 09335559 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 09335559 bus:Director2 2024-05-01 2025-04-30 09335559 bus:Director3 2024-05-01 2025-04-30 09335559 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 09335559 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP