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Registered number: 06550605
Leiston Veterinary Clinic Limited
Financial Statements
For The Year Ended 31 March 2026
C. R. A. S. L.
Carlton Park House
Carlton Park Industrial Estate
Saxmundham
Suffolk
IP17 2NL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06550605
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,743 32,346
Investments 5 494,945 435,000
529,688 467,346
CURRENT ASSETS
Stocks 6 13,200 11,600
Debtors 7 1,331 -
Cash at bank and in hand 96,553 95,784
111,084 107,384
Creditors: Amounts Falling Due Within One Year 8 (54,797 ) (49,384 )
NET CURRENT ASSETS (LIABILITIES) 56,287 58,000
TOTAL ASSETS LESS CURRENT LIABILITIES 585,975 525,346
Creditors: Amounts Falling Due After More Than One Year 9 - (3,022 )
NET ASSETS 585,975 522,324
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 585,974 522,323
SHAREHOLDERS' FUNDS 585,975 522,324
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Maria Jacoba Carolina Goodchild
Director
16/07/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Leiston Veterinary Clinic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06550605 . The registered office is Carlton Park House, Carlton Park Industrial Estate, Saxmundham, Suffolk, IP17 2NL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20
Motor Vehicles 20
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2025 54,397 76,800 131,197
Additions 11,083 - 11,083
As at 31 March 2026 65,480 76,800 142,280
...CONTINUED
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Depreciation
As at 1 April 2025 40,857 57,994 98,851
Provided during the period 4,925 3,761 8,686
As at 31 March 2026 45,782 61,755 107,537
Net Book Value
As at 31 March 2026 19,698 15,045 34,743
As at 1 April 2025 13,540 18,806 32,346
5. Investments
Listed
£
Cost or Valuation
As at 1 April 2025 435,000
Additions 59,945
As at 31 March 2026 494,945
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 494,945
As at 1 April 2025 435,000
6. Stocks
2026 2025
£ £
Stock 13,200 11,600
7. Debtors
2026 2025
£ £
Due after more than one year
Director's loan account 1,331 -
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 3,598 14,494
Corporation tax 34,288 15,766
VAT 15,178 17,386
Other creditors 343 348
Accruals and deferred income 1,390 1,390
54,797 49,384
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Director's loan account - 3,022
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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