Acorah Software Products - Accounts Production 19.1.200 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 06265167 Mr Dominic Johnson Mrs Alison Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06265167 2024-05-31 06265167 2025-05-31 06265167 2024-06-01 2025-05-31 06265167 frs-core:CurrentFinancialInstruments 2025-05-31 06265167 frs-core:ComputerEquipment 2025-05-31 06265167 frs-core:ComputerEquipment 2024-06-01 2025-05-31 06265167 frs-core:ComputerEquipment 2024-05-31 06265167 frs-core:FurnitureFittings 2025-05-31 06265167 frs-core:FurnitureFittings 2024-06-01 2025-05-31 06265167 frs-core:FurnitureFittings 2024-05-31 06265167 frs-core:NetGoodwill 2025-05-31 06265167 frs-core:NetGoodwill 2024-06-01 2025-05-31 06265167 frs-core:NetGoodwill 2024-05-31 06265167 frs-core:MotorVehicles 2025-05-31 06265167 frs-core:MotorVehicles 2024-06-01 2025-05-31 06265167 frs-core:MotorVehicles 2024-05-31 06265167 frs-core:PlantMachinery 2025-05-31 06265167 frs-core:PlantMachinery 2024-06-01 2025-05-31 06265167 frs-core:PlantMachinery 2024-05-31 06265167 frs-core:ShareCapital 2025-05-31 06265167 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 06265167 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06265167 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 06265167 frs-bus:SmallEntities 2024-06-01 2025-05-31 06265167 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 06265167 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 06265167 frs-bus:Director1 2024-06-01 2025-05-31 06265167 frs-bus:Director2 2024-06-01 2025-05-31 06265167 frs-countries:EnglandWales 2024-06-01 2025-05-31 06265167 2023-05-31 06265167 2024-05-31 06265167 2023-06-01 2024-05-31 06265167 frs-core:CurrentFinancialInstruments 2024-05-31 06265167 frs-core:ShareCapital 2024-05-31 06265167 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 06265167
JOHNSON & WOOD VETERINARY PRACTICE LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2025
P A Hull & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06265167
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,708 34,065
Tangible Assets 5 19,886 22,865
42,594 56,930
CURRENT ASSETS
Stocks 6 9,988 34,000
Debtors 7 26,316 8,554
Cash at bank and in hand 51,085 53,860
87,389 96,414
Creditors: Amounts Falling Due Within One Year 8 (99,316 ) (107,798 )
NET CURRENT ASSETS (LIABILITIES) (11,927 ) (11,384 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,667 45,546
PROVISIONS FOR LIABILITIES
Deferred Taxation - (4,699 )
NET ASSETS 30,667 40,847
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 30,567 40,747
SHAREHOLDERS' FUNDS 30,667 40,847
Page 1
Page 2
For the year 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Dominic Johnson
Director
24th February 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JOHNSON & WOOD VETERINARY PRACTICE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06265167 . The registered office is 9 TAMWORTH STREET, NEWTON-LE-WILLOWS, MERSEYSIDE, WA12 9PS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 20% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 18)
18 18
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2024 227,133
As at 31 May 2025 227,133
Amortisation
As at 1 June 2024 193,068
Provided during the period 11,357
As at 31 May 2025 204,425
Net Book Value
As at 31 May 2025 22,708
As at 1 June 2024 34,065
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2024 56,822 1,600 18,476 17,680 94,578
Additions - - - 827 827
As at 31 May 2025 56,822 1,600 18,476 18,507 95,405
Depreciation
As at 1 June 2024 40,688 1,552 15,915 13,558 71,713
Provided during the period 2,420 12 384 990 3,806
As at 31 May 2025 43,108 1,564 16,299 14,548 75,519
Net Book Value
As at 31 May 2025 13,714 36 2,177 3,959 19,886
As at 1 June 2024 16,134 48 2,561 4,122 22,865
6. Stocks
2025 2024
£ £
Stock 9,988 34,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 17,684 8,554
Deferred tax current asset (4,971) -
Directors' loan accounts 13,603 -
26,316 8,554
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 69,806 71,811
Corporation tax - 5,332
VAT 28,261 18,749
Other creditors - 657
Accruals and deferred income 1,249 1,249
Directors' loan accounts - 10,000
99,316 107,798
Page 5
Page 6
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 6