Registration number: 06070408

Tibbs & Simmons Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 4

Tibbs & Simmons Limited

(Registration number: 06070408)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,507,441	1,543,538
Investments	5	50	80
		1,507,491	1,543,618
Current assets
Debtors		794,266	97,656
Cash at bank and in hand		357,617	321,051
		1,151,883	418,707
Creditors: Amounts falling due within one year		(959,413)	(818,584)
Net current assets/(liabilities)		192,470	(399,877)
Total assets less current liabilities		1,699,961	1,143,741
Provisions for liabilities		(21,777)	(22,215)
Net assets		1,678,184	1,121,526
Capital and reserves
Called up share capital		100,000	100,000
Profit and loss account		1,578,184	1,021,526
Total equity		1,678,184	1,121,526

Tibbs & Simmons Limited

(Registration number: 06070408)
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 Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 May 2026 and signed on its behalf by:
 

Mrs C Tibbs

Director

Mr E Simmons

Director

Tibbs & Simmons 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:
Tibbs and Simmons Farm Vets Ltd
Nates Lane
Wrington
Bristol
BS40 5RS

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

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
Freehold property	2% Straight line
Plant and machinery	20% Reducing balance

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

Tibbs & Simmons Limited

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 7).

4	Tangible assets

	Total £
Cost or valuation
At 1 January 2025	1,839,913
At 31 December 2025	1,839,913
Depreciation
At 1 January 2025	296,375
Charge for the year	36,097
At 31 December 2025	332,472
Carrying amount
At 31 December 2025	1,507,441
At 31 December 2024	1,543,538

5	Investments

	Total £
Cost or valuation
At 1 January 2025	80
Disposals	(30)
At 31 December 2025	50
Carrying amount
At 31 December 2025	50
At 31 December 2024	80