Armstrong Vets Limited,Ltd - AccountsLtd - Accounts

Armstrong Vets Limited,Ltd - AccountsLtd - Accounts

ARMSTRONG VETS LIMITED - Company Information

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2020-04-01 08481135 2021-03-02 08481135 2020-04-01 2021-03-02 08481135 2020-03-31 08481135 2019-04-01 2020-03-31 08481135 uk-core:WithinOneYear 2020-03-31 08481135 uk-core:WithinOneYear 2021-03-02 08481135 uk-core:ShareCapital 2021-03-02 08481135 uk-core:ShareCapital 2020-03-31 08481135 uk-core:RetainedEarningsAccumulatedLosses 2021-03-02 08481135 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 08481135 uk-bus:Director1 2020-04-01 2021-03-02 08481135 uk-core:LeaseholdImprovements 2020-04-01 2021-03-02 08481135 uk-core:PlantMachinery 2020-04-01 2021-03-02 08481135 uk-core:ComputerEquipment 2020-04-01 2021-03-02 08481135 uk-core:CommercialMotorVehicles 2020-04-01 2021-03-02 08481135 uk-core:FurnitureFittings 2020-04-01 2021-03-02 08481135 uk-core:ComputerEquipment 2020-03-31 08481135 uk-core:FurnitureFittings 2020-03-31 08481135 uk-core:CommercialMotorVehicles 2020-03-31 08481135 uk-core:PlantMachinery 2020-03-31 08481135 uk-core:LeaseholdImprovements 2020-03-31 08481135 uk-core:LeaseholdImprovements 2021-03-02 08481135 uk-core:CommercialMotorVehicles 2021-03-02 08481135 uk-core:FurnitureFittings 2021-03-02 08481135 uk-core:ComputerEquipment 2021-03-02 08481135 uk-core:PlantMachinery 2021-03-02 iso4217:GBP xbrli:pure 08481135 uk-bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-02 08481135 uk-bus:FRS102 2020-04-01 2021-03-02 08481135 uk-bus:FullAccounts 2020-04-01 2021-03-02 08481135 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-02
Armstrong Vets Limited
Registered Number:08481135
For the period ended 02 March 2021
England and Wales
Unaudited Financial Statements
2
For the period ended 02 March 2021
Armstrong Vets Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08481135
As at 02 March 2021
Armstrong Vets Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
43,051
43,626
2
43,051
43,626
Current assets
Inventories
17,454
15,795
3
Trade and other receivables
59,799
52,473
4
101,243
Cash and cash equivalents
206,440
274,708
178,496
Trade and other payables: amounts falling due within one
year
(100,189)
(126,464)
5
78,307
148,244
Net current assets
Total assets less current liabilities
191,295
121,933
(8,179)
(8,094)
Provisions for liabilities
183,116
Net assets
113,839
Capital and reserves
Called up share capital
100
100
Retained earnings
183,016
113,739
183,116
113,839
Shareholders' funds
For the period ended 02 March 2021 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 financial statements for the period ended 02 March 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
M Stanworth Director
These financial statements were approved and authorised for issue by the Board on 10 August 2021 and were signed by:
The notes form part of these financial statements
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4
For the period ended 02 March 2021
Armstrong Vets Limited
Notes to the Financial Statements
Statutory Information
Armstrong Vets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08481135.
Principal place of business:
17 Breadstone Business Centre
Breadstone
Berkeley
GL13 9HF
Registered address:
Spitfire House
Aviator Court
York
England
YO30 4UZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Leashold improvements
10 year Straight line
Plant and Machinery
20% Reducing balance
3 years Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
20% Reducing balance
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the period ended 02 March 2021
Armstrong Vets Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Leashold
improvements
£
£
£
£
£
£
Cost or
valuation
At 01 April 2020
120,823
15,244
3,240
19,871
52,975
29,493
20,817
10,216
2,541
-
-
8,060
Additions
-
-
(10,471)
-
-
Disposals
(10,471)
At 02 March 2021
37,553
9,400
5,781
25,460
131,169
52,975
Provision for depreciation and impairment
At 01 April 2020
77,197
13,911
1,796
16,801
32,293
12,396
Charge for period
19,995
3,745
734
385
3,669
11,462
(9,074)
-
-
(9,074)
-
-
On disposal
At 02 March 2021
88,118
17,656
2,530
8,112
35,962
23,858
At 02 March 2021
Net book value
13,695
17,013
1,288
3,251
7,804
43,051
17,097
20,682
3,070
1,444
1,333
43,626
At 31 March 2020
3. Inventories
2020
2021
£
£
Stocks
15,795
17,454
4. Trade and other receivables
2020
2021
£
£
Trade debtors
40,621
44,118
Other debtors
11,852
15,681
59,799
52,473
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
38,966
30,168
Taxation and social security
55,607
54,500
Other creditors
31,891
15,521
126,464
100,189
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6
For the period ended 02 March 2021
Armstrong Vets Limited
Notes to the Financial Statements Continued
6. Related party transactions
Ultimate Controlling Party
At the balance sheet date, the company's immediate controlling party was VetPartners Limited, whose ultimate
controlling party was BC European Capital X, a collection of Limited partnerships with no single controlling party.
7. Average number of persons employed
During the year the average number of employees was 23 (2020 : 18)
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