REGISTERED NUMBER: 09106249 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

HARTSHORNE VETS LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

286,189

290,739

CURRENT ASSETS

Stocks

42,839

33,482

Debtors

5

36,918

23,528

Cash at bank

2,187,378

1,710,799

2,267,135

1,767,809

CREDITORS

Amounts falling due within one year

6

315,103

281,112

NET CURRENT ASSETS

1,952,032

1,486,697

TOTAL ASSETS LESS CURRENT LIABILITIES

2,238,221

1,777,436

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

30,000

30,000

Retained earnings

2,208,220

1,747,435

SHAREHOLDERS' FUNDS

2,238,221

1,777,436

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 February 2026 and were signed by:

G F Smith - Director

1.	STATUTORY INFORMATION

Hartshorne Vets LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09106249

Registered office:

The Millers

Woodmill

Lower Hoar Cross Road

Yoxall

Staffordshire

DE13 8PG

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

285,943

54,077

340,020

Additions

-

1,178

1,178

At 31 October 2025

285,943

55,255

341,198

DEPRECIATION

At 1 November 2024

10,743

38,538

49,281

Charge for year

1,252

4,476

5,728

At 31 October 2025

11,995

43,014

55,009

NET BOOK VALUE

At 31 October 2025

273,948

12,241

286,189

At 31 October 2024

275,200

15,539

290,739

The Freehold property was revalued by Rushton Hickman, independent financial valuers at £250,000 on the 18/08/2022 using open market valuation.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,577

20,703

Other debtors

2,341

2,825

36,918

23,528

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

28,080

34,982

Taxation and social security

284,960

244,082

Other creditors

2,063

2,048

315,103

281,112

7.

RESERVES

Revaluation

reserve

£

At 1 November 2024

and 31 October 2025

30,000

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is £13 (2024: £98) owed to the director, Mr G F Smith.