Registration number: 07894464

Wolds Veterinary Clinic Ltd

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Wolds Veterinary Clinic Ltd

(Registration number: 07894464)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	325,530	262,640
Current assets
Stocks		99,389	66,180
Debtors		283,653	533,634
Cash at bank and in hand		614,779	381,219
		997,821	981,033
Creditors: Amounts falling due within one year		(660,461)	(637,674)
Net current assets		337,360	343,359
Total assets less current liabilities		662,890	605,999
Provisions for liabilities		(69,417)	(60,361)
Net assets		593,473	545,638
Capital and reserves
Called up share capital		200	200
Profit and loss account		593,273	545,438
Total equity		593,473	545,638

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.

Wolds Veterinary Clinic Ltd

(Registration number: 07894464)
Abridged Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 28 May 2026 and signed on its behalf by:
 

Mr P R J Dixon

Director

Mr P Mutondo

Director

Wolds Veterinary Clinic Ltd

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:
Hewitts Business Park
Altyre Way
Humberstone
Grimsby
DN36 4RJ

These financial statements were authorised for issue by the Board on 28 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.

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.

Wolds Veterinary Clinic Ltd

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

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
Long leasehold property	Over the term of the lease
Fixtures and fittings	25% straight line
Office equipment	25% reducing balance
Motor vehicles	25% straight line

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 42 (2024 - 38).

Wolds Veterinary Clinic Ltd

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

4	Tangible assets

	Total £
Cost or valuation
At 1 January 2025	575,373
Additions	156,594
Disposals	(7,017)
At 31 December 2025	724,950
Depreciation
At 1 January 2025	312,733
Charge for the year	90,972
Eliminated on disposal	(4,285)
At 31 December 2025	399,420
Carrying amount
At 31 December 2025	325,530
At 31 December 2024	262,640

5	Related party transactions

Advances to directors

Mr P R J Dixon During the period Mr P R J Dixon went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £5,564 (2024 - £Nil). At the year end the amount outstanding from Mr P R J Dixon was £135 (2024 - £-). Interest has been charged at HMRC's official rate.

Mr P Mutondo During the period Mr P Mutondo went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £12,856 (2024 - £Nil). At the year end the amount outstanding from Mr P Mutondo was £Nil (2024 - £-). Interest has been charged at HMRC's official rate.