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Registration number: 5988187

Riverside Veterinary Care Ltd
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 October 2025

Riverside Veterinary Care Ltd

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 7

Riverside Veterinary Care Ltd

(Registration number: 5988187)
Abridged Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 550,385 | 497,166
Other financial assets | 6 | 100,000 | 100,000
|  | 650,385 | 597,166
Current assets |  |  |
Stocks | 7 | 49,140 | 49,611
Debtors |  | 317,411 | 219,273
Cash at bank and in hand |  | 437,053 | 575,876
|  | 803,604 | 844,760
Creditors: Amounts falling due within one year |  | (882,597) | (813,822)
Net current (liabilities)/assets |  | (78,993) | 30,938
Total assets less current liabilities |  | 571,392 | 628,104
Creditors: Amounts falling due after more than one year |  | (9,157) | (12,311)
Provisions for liabilities |  | (55,031) | (57,522)
Net assets |  | 507,204 | 558,271
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Capital redemption reserve |  | 9 | 9
Profit and loss account |  | 506,195 | 557,262
Total equity |  | 507,204 | 558,271

Riverside Veterinary Care Ltd

(Registration number: 5988187)
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 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 1 April 2026 and signed on its behalf by:

Mrs B Fitzmaurice

Director

Miss H R Rippin

Director

Riverside Veterinary Care 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 Wales.

The address of its registered office is:
60 Brecon Road
Abergavenny
Monmouthshire
NP7 7RB

These financial statements were authorised for issue by the Board on 1 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.

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:

Riverside Veterinary Care Ltd

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

Asset class | Depreciation method and rate
Fixture & Fittings | 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 | 10% Straight Line

Stocks

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

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Riverside Veterinary Care Ltd

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

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2024 - 33).

Riverside Veterinary Care Ltd

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

4 | Intangible assets

| Total £
Cost or valuation
At 1 November 2024 | 269,791
At 31 October 2025 | 269,791
Amortisation
At 1 November 2024 | 269,791
At 31 October 2025 | 269,791
Carrying amount
At 31 October 2025 | -

5 | Tangible assets

| Total £
Cost or valuation
At 1 November 2024 | 686,333
Additions | 71,193
At 31 October 2025 | 757,526
Depreciation
At 1 November 2024 | 189,167
Charge for the year | 17,974
At 31 October 2025 | 207,141
Carrying amount
At 31 October 2025 | 550,385
At 31 October 2024 | 497,166

Included within the net book value of land and buildings above is £439,789 (2024 - £376,606) in respect of freehold land and buildings.

Riverside Veterinary Care Ltd

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

6 | Other financial assets (current and non-current)

| Total £
Non-current financial assets
Cost or valuation
At 1 November 2024 | 100,000
At 31 October 2025 | 100,000
Carrying amount
At 31 October 2025 | 100,000

7 | Stocks

| 2025 £ | 2024 £
Stock | 49,140 | 49,611

8 | Related party transactions

Advances to directors

Mrs B Fitzmaurice During the period Mrs B Fitzmaurice went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £133,550 (2024 - £163,968). At the year end the amount outstanding from Mrs B Fitzmaurice was £Nil (2024 - £100,000). Interest has been charged at the commercial rate.
Miss H R Rippin During the period Miss H R Rippin went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £10,148 (2024 - £10,559). At the year end the amount outstanding from Miss H R Rippin was £1,448 (2024 - £-). Interest has been charged at the commercial rate.