Registration number: 15722442

A & G Vets Ltd

Contents

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

A & G Vets Ltd

(Registration number: 15722442)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £
Fixed assets
Tangible assets	4	383,559
Current assets
Debtors		391
Cash at bank and in hand		1,080
		1,471
Creditors: Amounts falling due within one year		(49,849)
Net current liabilities		(48,378)
Total assets less current liabilities		335,181
Creditors: Amounts falling due after more than one year	5	(372,956)
Net liabilities		(37,775)
Capital and reserves
Called up share capital		100
Profit and loss account		(37,875)
Total equity		(37,775)

A & G Vets Ltd

(Registration number: 15722442)
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.

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:
 

Mr J Goacher

Director

Mrs A Goacher

Director

A & G Vets Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 15 May 2024 to 31 May 2025

1	General information

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

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 23 April 2026.

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 more than 12 months as this is the first period post incorporation.

Going concern

Of the liabilties outstanding at 31 May 2025, an amount is owed to the directors. The directors have confirmed that they will not seek repayment of this 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 of these accounts.

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.

A & G Vets Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 15 May 2024 to 31 May 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
Land & Buildings	0% straight line

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 profit and loss account 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.

3	Staff numbers

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

4	Tangible assets

	Total £
Cost or valuation
Additions	383,559
At 31 May 2025	383,559
Depreciation
Carrying amount
At 31 May 2025	383,559

Included within the net book value of land and buildings above is £383,559 in respect of freehold land and buildings.
 

5	Creditors: amounts falling due after more than one year

Creditors include bank loans repayable by instalments of £372,956 due after more than five years.

6	Related party transactions

Advances to directors

A & G Vets Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 15 May 2024 to 31 May 2025

Mr J Goacher During the period Mr J Goacher went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £12,972. At the year end the amount outstanding from Mr J Goacher was £Nil. Interest has been charged at the commercial rate.