Registration number: SC506714

Pet Life Balance Limited

Contents

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

Pet Life Balance Limited

Company Information

Director

Ms Jane Catherine Ulke

Registered office

18 Syme Crescent Edinburgh EH10 5GD

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

Pet Life Balance Limited

(Registration number: SC506714)
Balance Sheet as at 29 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	57,901	58,939
Current assets
Debtors	4	721	-
Cash at bank and in hand		6,322	5,250
		7,043	5,250
Creditors: Amounts falling due within one year	5	(20,046)	(19,049)
Net current liabilities		(13,003)	(13,799)
Total assets less current liabilities		44,898	45,140
Creditors: Amounts falling due after more than one year	5	(614)	(8,343)
Net assets		44,284	36,797
Capital and reserves
Called up share capital		30	30
Retained earnings		44,254	36,767
Shareholders' funds		44,284	36,797

For the financial year ending 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	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 director acknowledges her 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 June 2026
 

......................................... Ms Jane Catherine Ulke Director

Pet Life Balance Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 income 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 balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Plant and machinery	20% and 15% on reducing balance

Borrowings

Pet Life Balance Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

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 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.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

Pet Life Balance Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

3	Tangible assets

	Short leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 30 September 2024	31,628	18,695	4,798	2,974
Additions	2,385	-	-	-
At 29 September 2025	34,013	18,695	4,798	2,974
Depreciation
At 30 September 2024	-	11,849	-	2,060
Charge for the year	-	1,027	-	183
At 29 September 2025	-	12,876	-	2,243
Carrying amount
At 29 September 2025	34,013	5,819	4,798	731
At 29 September 2024	31,628	6,846	4,798	914

	Motor vehicles  £	Total £
Cost or valuation
At 30 September 2024	26,034	84,129
Additions	-	2,385
At 29 September 2025	26,034	86,514
Depreciation
At 30 September 2024	11,281	25,190
Charge for the year	2,213	3,423
At 29 September 2025	13,494	28,613
Carrying amount
At 29 September 2025	12,540	57,901
At 29 September 2024	14,753	58,939

Included within the net book value of land and buildings above is £34,013 (2024 - £31,628) in respect of short leasehold land and buildings.
 

Pet Life Balance Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

4

Debtors

Current	2025 £	2024 £
Trade debtors	721	-
	721	-

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	6	5,787	4,834
Taxation and social security		2,559	1,015
Accruals and deferred income		3,500	8,000
Other creditors		8,200	5,200
		20,046	19,049

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	6	614	8,343

6	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	7,879
Hire purchase contracts	614	464
	614	8,343

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,102	4,834
Hire purchase contracts	3,685	-
	5,787	4,834