Registration number: 07395184

Norcal Veterinary Services Ltd

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 6

Norcal Veterinary Services Ltd

(Registration number: 07395184)
Abridged Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	104,635	115,694
Current assets
Stocks	5	38,239	37,756
Debtors		151,683	168,888
Cash at bank and in hand		241,043	156,843
		430,965	363,487
Creditors: Amounts falling due within one year		(198,373)	(153,882)
Net current assets		232,592	209,605
Total assets less current liabilities		337,227	325,299
Creditors: Amounts falling due after more than one year		-	(9,817)
Provisions for liabilities		(25,887)	(28,604)
Net assets		311,340	286,878
Capital and reserves
Called up share capital		200	200
Profit and loss account		311,140	286,678
Total equity		311,340	286,878

Norcal Veterinary Services Ltd

(Registration number: 07395184)
Abridged Balance Sheet as at 31 October 2025

For the financial year ending 31 October 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 year in question in accordance with section 476; and
	The director acknowledges his 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 director on 22 April 2026
 

Mr E David

Director

Norcal Veterinary Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

1	General information

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

The address of its registered office is:
Unit 2
Rycote Lane Farm
Milton Common
Oxon
OX9 2NZ

These financial statements were authorised for issue by the director on 22 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.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

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 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.

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
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance

Norcal Veterinary Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

Leasehold improvements

15% reducing balance

Norcal Veterinary Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year was 8 (2024 - 10).

4	Tangible assets

	Total £
Cost or valuation
At 1 November 2024	304,480
Additions	15,657
Disposals	(11,645)
At 31 October 2025	308,492
Depreciation
At 1 November 2024	188,789
Charge for the year	24,640
Eliminated on disposal	(9,572)
At 31 October 2025	203,857
Carrying amount
At 31 October 2025	104,635
At 31 October 2024	115,694

5

Stocks

	2025 £	2024 £
Stock	38,239	37,756

6	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £5,958 (2024 - £20,258).

Norcal Veterinary Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

7	Related party transactions

Advances to directors

Mr E David During the period Mr E David went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £38,924 (2024 - £41,652). At the year end the amount outstanding from Mr E David was £Nil (2024 - £Nil). Interest has been charged at the HMRC approved rate.