Registration number: 06057284

Minster Veterinary Services Limited

Contents

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

Minster Veterinary Services Limited

(Registration number: 06057284)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	12,707	25,209
Tangible assets	5	212,704	218,219
		225,411	243,428
Current assets
Stocks		28,884	35,329
Debtors		44,645	53,557
Cash at bank and in hand		185,214	133,913
		258,743	222,799
Creditors: Amounts falling due within one year	6	(196,782)	(175,792)
Net current assets		61,961	47,007
Total assets less current liabilities		287,372	290,435
Creditors: Amounts falling due after more than one year	7	(79,624)	(87,807)
Provisions for liabilities		(9,378)	(10,691)
Net assets		198,370	191,937
Capital and reserves
Called up share capital		100	100
Profit and loss account		198,270	191,837
Total equity		198,370	191,937

Minster Veterinary Services Limited

(Registration number: 06057284)
Abridged Balance Sheet as at 31 March 2026

For the financial 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 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 4 August 2026 and signed on its behalf by:
 

Mr R O'Brien

Director

Mrs J M Fleming

Director

Minster Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

The principal place of business is:
4 Ditton Street
Ilminster
Somerset
TA19 0BQ

These financial statements were authorised for issue by the Board on 4 August 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 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.

Minster Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

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
Leasehold property	Over the period of the lease
Office equipment	20% reducing balance
Plant and machinery	25% reducing balance

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	Straight line over 20 years

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2025 - 16).

Minster Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2025	250,032
At 31 March 2026	250,032
Amortisation
At 1 April 2025	224,823
Amortisation charge	12,502
At 31 March 2026	237,325
Carrying amount
At 31 March 2026	12,707
At 31 March 2025	25,209

5	Tangible assets

	Total £
Cost or valuation
At 1 April 2025	369,409
Additions	4,583
At 31 March 2026	373,992
Depreciation
At 1 April 2025	151,190
Charge for the year	10,098
At 31 March 2026	161,288
Carrying amount
At 31 March 2026	212,704
At 31 March 2025	218,219

6	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 £7,660 (2025 - £15,800).

7	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 £79,624 (2025 - £87,807).

Minster Veterinary Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

8	Related party transactions

Advances to directors

Mr R O'Brien During the period Mr R O'Brien went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £7,290 (2025 - £Nil). At the year end the amount outstanding from Mr R O'Brien was £Nil (2025 - £-). Interest has been charged at the commercial rate.

Mrs J M Fleming During the period Mrs J M Fleming went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £7,290 (2025 - £Nil). At the year end the amount outstanding from Mrs J M Fleming was £Nil (2025 - £-). Interest has been charged at the commercial rate.