Petlife International Ltd. Filleted accounts for Companies House (small and micro)
Petlife International Ltd. Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02837157
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Statement of financial position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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----------- |
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Creditors: Amounts falling due within one year |
8 |
(
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(
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
9 |
(
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(
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Provisions
Taxation including deferred tax |
(
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(
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Net assets |
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Capital and reserves
Called up share capital |
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Share premium account |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of financial position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
7 February 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02837157
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Notes to the financial statements |
Year ended 30 September 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2 Cavendish Road, Bury St Edmunds, Suffolk, IP33 3TE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Foreign currencies
Operating leases
Intangible assets
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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Trade and licenses |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold property |
- |
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Plant, machinery & office equipment |
- |
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Motor vehicles |
- |
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Website |
- |
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Stocks
Hire purchase agreements
Government grants
Pension costs
4.
Employee numbers
The average number of employees during the year was
39
(2020:
40
).
5.
Intangible assets
Goodwill |
Trade and licences |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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Amortisation |
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At 1 October 2020 and 30 September 2021 |
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------- |
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Carrying amount |
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At 30 September 2021 |
– |
– |
– |
--------- |
------- |
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At 30 September 2020 |
– |
– |
– |
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------- |
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6.
Tangible assets
Land & buildings |
Plant, machinery & office equipment |
Motor vehicles |
Website |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 October 2020 |
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Additions |
– |
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– |
– |
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------- |
------- |
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At 30 September 2021 |
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------- |
------- |
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Depreciation |
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At 1 October 2020 |
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Charge for the year |
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--------- |
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------- |
------- |
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At 30 September 2021 |
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------- |
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Carrying amount |
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At 30 September 2021 |
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------- |
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At 30 September 2020 |
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7.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
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Other debtors |
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8.
Creditors:
Amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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– |
Social security and other taxes |
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Sales ledger financing |
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Other creditors |
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9.
Creditors:
Amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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------- |
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10.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2021 |
2020 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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11.
Director's advances, credits and guarantees