Registration number: 13440538

Rackheath Vets Limited

Contents

Abridged Balance Sheet	1
Notes to the Unaudited Abridged Financial Statements	2 to 4

Rackheath Vets Limited

(Registration number: 13440538)
Abridged Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	173,170	204,550
Current assets
Stocks		125,504	122,857
Debtors		1,277,491	795,310
Cash at bank and in hand		62,044	45,812
		1,465,039	963,979
Creditors: Amounts falling due within one year	5	(1,262,601)	(1,265,433)
Net current assets/(liabilities)		202,438	(301,454)
Total assets less current liabilities		375,608	(96,904)
Creditors: Amounts falling due after more than one year	6	(133,067)	(50,844)
Provisions for liabilities		(42,969)	48,452
Net assets/(liabilities)		199,572	(99,296)
Capital and reserves
Called up share capital		100	100
Profit and loss account		199,472	(99,396)
Total equity		199,572	(99,296)

For the financial year ending 28 February 2026 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 director acknowledges his 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.

Approved and authorised by the director on 26 June 2026
 

Mr C Tomlinson

Director

Rackheath Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

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:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the director on 26 June 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.

Rackheath Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

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
Freehold Property	25% Reducing Balance
Motor Vehicles	25% Straight Line
Plant & Machinery	15% Straight Line
Fixtures & Fittings	15% Straight Line
Office equipment	15% Straight Line

Stocks

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

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 29 (2025 - 18).

4	Tangible assets

	Total £
Cost or valuation
At 1 March 2025	335,514
Additions	27,339
At 28 February 2026	362,853
Depreciation
At 1 March 2025	130,964
Charge for the year	58,719
At 28 February 2026	189,683
Carrying amount
At 28 February 2026	173,170
At 28 February 2025	204,550

5	Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £44,600 (2025 - £25,808).

Rackheath Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

6	Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £133,067 (2025 - £50,844).