REGISTERED NUMBER: 07856473 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

PAWS DIRECT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P B Adams MRCVS

Mrs C J Adams MRCVS

Mrs R L Rainsford MRCVS

REGISTERED OFFICE:

Knutsford Veterinary Surgery

Fryers Nursery

Manchester Road

Knutsford

Cheshire

WA16 0SX

REGISTERED NUMBER:

07856473 (England and Wales)

FIXED ASSETS

Tangible assets

4

618,337

667,691

CURRENT ASSETS

Stocks

5

46,699

47,335

Debtors

6

51,671

68,512

Cash at bank

198,954

80,563

297,324

196,410

CREDITORS

Amounts falling due within one year

7

(243,006

)

(199,704

)

NET CURRENT ASSETS/(LIABILITIES)

54,318

(3,294

)

TOTAL ASSETS LESS CURRENT LIABILITIES

672,655

664,397

CREDITORS

Amounts falling due after more than one year

8

(154,169

)

(164,182

)

PROVISIONS FOR LIABILITIES

(65,700

)

(63,700

)

NET ASSETS

452,786

436,515

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

452,686

436,415

SHAREHOLDERS' FUNDS

452,786

436,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 April 2026 and were signed on its behalf by:

P B Adams MRCVS - Director

1.	STATUTORY INFORMATION

Paws Direct Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the net invoiced value of goods and services delivered, excluding vat.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold improvements

-

in accordance with the lease

Veterinary & lab equipment

-

20% on cost

Furniture, fixtures & fittings

-

20% on cost

Website & IT equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Veterinary

Furniture,

Website &

Leasehold

& lab

fixtures

IT

improvements

equipment

& fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

612,893

304,700

69,990

37,683

1,025,266

Additions

29,190

3,185

-

-

32,375

Disposals

-

(3,770

)

-

-

(3,770

)

At 31 December 2025

642,083

304,115

69,990

37,683

1,053,871

DEPRECIATION

At 1 January 2025

80,759

200,909

41,268

34,639

357,575

Charge for year

42,806

27,827

9,574

1,522

81,729

Eliminated on disposal

-

(3,770

)

-

-

(3,770

)

At 31 December 2025

123,565

224,966

50,842

36,161

435,534

NET BOOK VALUE

At 31 December 2025

518,518

79,149

19,148

1,522

618,337

At 31 December 2024

532,134

103,791

28,722

3,044

667,691

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Veterinary

& lab

equipment

£

COST

At 1 January 2025

and 31 December 2025

66,491

DEPRECIATION

At 1 January 2025

and 31 December 2025

66,491

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.

STOCKS

31.12.25

31.12.24

£

£

Stocks

46,699

47,335

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

47,112

60,350

Other debtors

4,559

6,745

51,671

67,095

31.12.25

31.12.24

£

£

Amounts falling due after more than one year:

Other debtors

-

1,417

Aggregate amounts

51,671

68,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

45,854

36,914

Corporation tax

35,326

19,724

Social security and other taxes

18,733

12,823

VAT

50,309

39,106

Other creditors

4,682

9,372

Company credit card

73,081

50,098

Directors' current accounts

11,688

30,101

Accrued expenses

3,333

1,566

243,006

199,704

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Long term loans

154,169

164,182

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary shares

£1

100

100