Registration number: 04649096

Castle Veterinary Group Limited

Contents

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

Castle Veterinary Group Limited

(Registration number: 04649096)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	25,884	40,768
Tangible assets	5	427,060	467,049
		452,944	507,817
Current assets
Stocks		94,284	68,366
Debtors		503,472	421,101
Cash at bank and in hand		266,982	380,391
		864,738	869,858
Creditors: Amounts falling due within one year		(635,503)	(578,898)
Net current assets		229,235	290,960
Total assets less current liabilities		682,179	798,777
Creditors: Amounts falling due after more than one year	6	(260,000)	(260,000)
Provisions for liabilities		(62,700)	(68,874)
Net assets		359,479	469,903
Capital and reserves
Called up share capital		150	180
Capital redemption reserve		90	60
Profit and loss account		359,239	469,663
Total equity		359,479	469,903

Castle Veterinary Group Limited

(Registration number: 04649096)
Abridged Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 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 14 April 2026 and signed on its behalf by:
 

Mrs H J Howgill

Director

Castle Veterinary Group Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 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:
Castle Veterinary Group
Pennygillam Way
Launceston
Cornwall
PL15 7ED

These financial statements were authorised for issue by the Board on 14 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 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.

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
Leasehold property	10% straight line

Castle Veterinary Group Limited

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

Office equipment	33% straight line
Motor vehicles	15% reducing balance
Plant and machinery	15% reducing balance

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line over 10 and 15 years

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 6).

4	Intangible assets

	Total £
Cost or valuation
At 1 January 2025	682,816
At 31 December 2025	682,816
Amortisation
At 1 January 2025	642,048
Amortisation charge	14,884
At 31 December 2025	656,932
Carrying amount
At 31 December 2025	25,884
At 31 December 2024	40,768

Castle Veterinary Group Limited

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

5	Tangible assets

	Total £
Cost or valuation
At 1 January 2025	1,161,581
Additions	52,936
Disposals	(13,727)
At 31 December 2025	1,200,790
Depreciation
At 1 January 2025	694,532
Charge for the year	86,785
Eliminated on disposal	(7,587)
At 31 December 2025	773,730
Carrying amount
At 31 December 2025	427,060
At 31 December 2024	467,049

6	Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £260,000 (2024 - £260,000).

Castle Veterinary Group Limited

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

7	Related party transactions

Advances to directors

Mr T J Bebbington During the period Mr T J Bebbington went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £9,790 (2024 - £Nil). At the year end the amount outstanding from Mr T J Bebbington was £Nil (2024 - £-). Interest has been charged at HMRC's official rate.

Mrs H J Howgill During the period Mrs H J Howgill went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £3,638 (2024 - £Nil). At the year end the amount outstanding from Mrs H J Howgill was £Nil (2024 - £-). Interest has been charged at HMRC's official rate.

Mr M E Tucker During the period Mr M E Tucker went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £21,113 (2024 - £Nil). At the year end the amount outstanding from Mr M E Tucker was £3,901 (2024 - £-). Interest has been charged at HMRC's official rate.

Miss R L Hobbs During the period Miss R L Hobbs went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £7,056 (2024 - £Nil). At the year end the amount outstanding from Miss R L Hobbs was £Nil (2024 - £-). Interest has been charged at HMRC's official rate.

Ms T Boughtflower During the period Ms T Boughtflower went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £15,946 (2024 - £Nil). At the year end the amount outstanding from Ms T Boughtflower was £Nil (2024 - £-). Interest has been charged at HMRC's official rate.