1 1 Paddle Paws Hydrotherapy Limited 10209678 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is Veterinary Activities Digita Accounts Production Advanced 6.30.9574.0 true 10209678 2024-07-01 2025-06-30 10209678 2025-06-30 10209678 core:RetainedEarningsAccumulatedLosses 2025-06-30 10209678 core:ShareCapital 2025-06-30 10209678 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-06-30 10209678 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-06-30 10209678 core:CurrentFinancialInstruments 2025-06-30 10209678 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 10209678 core:Non-currentFinancialInstruments 2025-06-30 10209678 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 10209678 core:FurnitureFittings 2025-06-30 10209678 core:PlantMachinery 2025-06-30 10209678 bus:SmallEntities 2024-07-01 2025-06-30 10209678 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 10209678 bus:FilletedAccounts 2024-07-01 2025-06-30 10209678 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10209678 bus:RegisteredOffice 2024-07-01 2025-06-30 10209678 bus:Director1 2024-07-01 2025-06-30 10209678 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10209678 core:FurnitureFittings 2024-07-01 2025-06-30 10209678 core:PlantMachinery 2024-07-01 2025-06-30 10209678 countries:UnitedKingdom 2024-07-01 2025-06-30 10209678 2024-06-30 10209678 core:FurnitureFittings 2024-06-30 10209678 core:PlantMachinery 2024-06-30 10209678 2023-07-01 2024-06-30 10209678 2024-06-30 10209678 core:RetainedEarningsAccumulatedLosses 2024-06-30 10209678 core:ShareCapital 2024-06-30 10209678 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-06-30 10209678 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-06-30 10209678 core:CurrentFinancialInstruments 2024-06-30 10209678 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10209678 core:Non-currentFinancialInstruments 2024-06-30 10209678 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 10209678 core:FurnitureFittings 2024-06-30 10209678 core:PlantMachinery 2024-06-30 xbrli:pure iso4217:GBP

Registration number: 10209678

Paddle Paws Hydrotherapy Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Paddle Paws Hydrotherapy Limited

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 6
Detailed Statement of Comprehensive Income | 7 to 8

Paddle Paws Hydrotherapy Limited

(Registration number: 10209678)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,476 | 4,635
Current assets |  |  |
Cash at bank and in hand |  | 486 | 829
Creditors: Amounts falling due within one year | 5 | (32,985) | (41,872)
Net current liabilities |  | (32,499) | (41,043)
Total assets less current liabilities |  | (29,023) | (36,408)
Creditors: Amounts falling due after more than one year | 5 | (49) | (2,877)
Net liabilities |  | (29,072) | (39,285)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Profit and loss account |  | (29,074) | (39,287)
Shareholders' deficit |  | (29,072) | (39,285)

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

Director's responsibilities:

• | 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 director acknowledges her 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 10 February 2026

Ms MJ Turner Director

Paddle Paws Hydrotherapy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
187 Hawes Lane
West Wickham
BR4 9AG

Principal activity

The principal activity of the company is Veterinary Activities

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

The financial statements are prepared in sterling which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Paddle Paws Hydrotherapy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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 Fittings | 25% on cost
Plant and machinery | 25% Reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Paddle Paws Hydrotherapy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.
Lease payments are apportioned between finance costs in the statement of comprehensive income and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Paddle Paws Hydrotherapy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 July 2024 | 34,980 | 6,180 | 41,160
At 30 June 2025 | 34,980 | 6,180 | 41,160
Depreciation
At 1 July 2024 | 34,980 | 1,545 | 36,525
Charge for the year | - | 1,159 | 1,159
At 30 June 2025 | 34,980 | 2,704 | 37,684
Carrying amount
At 30 June 2025 | - | 3,476 | 3,476
At 30 June 2024 | - | 4,635 | 4,635

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 2,750 | 3,057
Accruals and deferred income |  | 4,500 | 3,900
Other creditors |  | 25,735 | 34,915
|  | 32,985 | 41,872

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 49 | 2,877

6 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

Paddle Paws Hydrotherapy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 49 | 1,127
Hire purchase contracts | - | 1,750
| 49 | 2,877

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 1,000 | 1,000
Hire purchase contracts | 1,750 | 2,057
| 2,750 | 3,057

Paddle Paws Hydrotherapy Limited

Detailed Statement of Comprehensive Income for the Year Ended 30 June 2025

| 2025 £ | 2024 £
Turnover |  |
Fees earned | 41,869 | 45,635
Interest received | 2 | -
| 41,871 | 45,635
Cost of sales |  |
Protective workwear | 123 | 128
Consumable supplies | 1,036 | 1,251
| 1,159 | 1,379
Gross profit | 40,712 | 44,256
Gross profit (%) | 97.23% | 96.98%
Administrative expenses |  |
Directors' salaries | 8,093 | 9,096
Directors NIC (Employers) | 171 | -
Private health insurance | 1,520 | 247
Training costs | 85 | 281
Travelling | - | 171
Rates and water | 300 | 300
Light and heat | 2,750 | 4,500
Use of home as office | 2,080 | 2,080
Repairs and renewals | 1,678 | 634
Telephone | 660 | 190
Computer & website | 1,039 | 929
Post and stationery | 135 | 19
Subscriptions | 47 | 125
Sundry expenses | 558 | 217
Cleaning expenses | 261 | 227
Insurance | 447 | 447
Accountancy fees | 4,050 | 3,450
Professional fees | 633 | 526
Bank charges | 588 | 694
HP charges | - | 354
Depreciation of plant and machinery (hp) | 1,159 | 1,545
| 26,254 | 26,032
Other operating income |  |
Miscellaneous other operating income | 155 | -
Operating profit | 14,613 | 18,224

Paddle Paws Hydrotherapy Limited

Detailed Statement of Comprehensive Income for the Year Ended 30 June 2025 (continued)

| 2025 £ | 2024 £
Other interest receivable and similar income | - | (10)
Interest payable and similar expenses | 4,401 | 5,439
| 4,401 | 5,429
Profit before tax | 10,212 | 12,795