Poultry Health Services Limited - Period Ending 2020-06-30

Poultry Health Services Limited

Profit and Loss Account for the Year Ended 30 June 2020

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Poultry Health Services Limited

(Registration number: 04161083)
Balance Sheet as at 30 June 2020

	Note	2020 £	2019 £
Current assets
Debtors: Amounts falling due after more than one year	4	5	5
Capital and reserves
Called up share capital	5	5	5
Total equity		5	5

For the financial year ending 30 June 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 12 June 2021 and signed on its behalf by:
 

.........................................

J C Malone
Director

Poultry Health Services Limited

Notes to the Financial Statements for the Year Ended 30 June 2020

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:
Leeman House
Station Business Park
Holgate Park Drive
York
YO26 4GB

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been 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 financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Going concern

After reviewing the company's forecasts and projections, together with the facilities available to the company, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:

	2020  No.	2019  No.
Directors	2	2

Poultry Health Services Limited

Notes to the Financial Statements for the Year Ended 30 June 2020

4

Debtors

	2020 £	2019 £
Amounts owed by group undertakings	5	5
Less non-current portion	(5)	(5)
Total current trade and other debtors	-	-

Details of non-current trade and other debtors

£5 (2019 - £5) of amounts owed by group undertakings is classified as non current.

5	Share capital

Allotted, called up and fully paid shares

	2020		2019
	No.	£	No.	£
Ordinary A shares of £1 each	3	3	3	3
Ordinary B shares of £1 each	2	2	2	2
	5	5	5	5

6	Contingent liabilities

The company is bound by an intra-group cross guarantee in respect of bank debt with other members of the group headed by its ultimate parent undertaking, VetPartners Group Limited. The amount guaranteed is £524,090,567 (2019 - £429,500,000).

7	Parent and ultimate parent undertaking

The company's immediate parent is Origin Group Finance Limited, incorporated in England and Wales, whose ultimate controlling parent undertaking was BC European Capital X, a collection of Limited partnerships with no single controlling party.

The parent of the largest group in which these financial statements are consolidated is Scooby Bidco Limited, incorporated in England and Wales.

The address of Scooby Bidco Limited is:
Leeman House
Station Business Park
Holgate Park Drive
York
YO26 4GB

The parent of the smallest group in which these financial statements are consolidated is VetPartners Group Limited, incorporated in England and Wales.

The address of VetPartners Group Limited is:
Leeman House
Station Business Park
Holgate Park Drive
York
YO26 4GB