Poole Road Veterinary Ltd - Limited company - abbreviated - 11.9

Poole Road Veterinary Ltd - Limited company - abbreviated - 11.9

POOLE ROAD VETERINARY LTD. - Company Information

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REGISTERED NUMBER: 06586206 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

POOLE ROAD VETERINARY LTD

POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015










Page

Abbreviated balance sheet 1

Notes to the abbreviated accounts 2

POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
Fixed assets
Intangible assets 2 9,052 27,159
Tangible assets 3 11,784 14,503
20,836 41,662

Current assets
Stocks 10,993 12,564
Debtors 3,466 3,804
Cash at bank 11,185 6,377
25,644 22,745
Creditors
Amounts falling due within one year 41,712 58,321
Net current liabilities (16,068 ) (35,576 )
Total assets less current liabilities 4,768 6,086

Creditors
Amounts falling due after more than one year (1,827 ) (3,045 )

Provisions for liabilities (2,139 ) (2,634 )
Net assets 802 407

Capital and reserves
Called up share capital 4 100 100
Profit and loss account 702 307
Shareholders' funds 802 407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 10 December 2015 and were signed on its behalf by:



Sir H Feilden - Director


The notes form part of these abbreviated accounts

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POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015


1. Accounting policies

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course
of business. Turnover is recognised when the service has been provided to the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to the profit and loss account in the period to which they relate.

2. Intangible fixed assets
Total
£   
Cost
At 1 April 2014
and 31 March 2015 126,747
Amortisation
At 1 April 2014 99,588
Amortisation for year 18,107
At 31 March 2015 117,695
Net book value

At 31 March 2015 9,052
At 31 March 2014 27,159

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POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015


3. Tangible fixed assets
Total
£   
Cost
At 1 April 2014 34,885
Additions 1,359
Disposals (318 )
At 31 March 2015 35,926
Depreciation
At 1 April 2014 20,382
Charge for year 3,928
Eliminated on disposal (168 )
At 31 March 2015 24,142
Net book value
At 31 March 2015 11,784
At 31 March 2014 14,503

4. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

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