Registration number: SC425078

Armac Vets Limited

Contents

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

Armac Vets Limited

(Registration number: SC425078)
Abridged Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	320,119	355,688
Tangible assets	5	416,673	419,118
		736,792	774,806
Current assets
Stocks		173,163	135,812
Debtors		206,178	322,453
Cash at bank and in hand		451,044	513,478
		830,385	971,743
Creditors: Amounts falling due within one year		(563,844)	(603,576)
Net current assets		266,541	368,167
Total assets less current liabilities		1,003,333	1,142,973
Provisions for liabilities		(39,508)	(41,233)
Net assets		963,825	1,101,740
Capital and reserves
Called up share capital		120	120
Profit and loss account		963,705	1,101,620
Total equity		963,825	1,101,740

Armac Vets Limited

(Registration number: SC425078)
Abridged Balance Sheet as at 30 November 2025

For the financial year ending 30 November 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.

Approved and authorised by the Board on 29 July 2026 and signed on its behalf by:
 

Mr D Gardner-Roberts

Director

Mr A C Middleton

Director

Mrs K M Reive

Director

Armac Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
4 Station Road
Biggar
Lanarkshire
ML12 6BW

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.

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
Land	Nil
Buildings	2% straight line
Motor vehicles	25% reducing balance
Fixtures and equipment	15% reducing balance

Armac Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% 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 directors) during the year, was 31 (2024 - 29).

Armac Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

4	Intangible assets

	Total £
Cost or valuation
At 1 December 2024	711,377
At 30 November 2025	711,377
Amortisation
At 1 December 2024	355,689
Amortisation charge	35,569
At 30 November 2025	391,258
Carrying amount
At 30 November 2025	320,119
At 30 November 2024	355,688

5	Tangible assets

	Total £
Cost or valuation
At 1 December 2024	613,590
Additions	40,062
At 30 November 2025	653,652
Depreciation
At 1 December 2024	194,472
Charge for the year	42,507
At 30 November 2025	236,979
Carrying amount
At 30 November 2025	416,673
At 30 November 2024	419,118

6	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £17,470 (2024 - £22,345). The company has commitments in relation to leasing of equipment