North Surrey Veterinary Emergencies Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07245045 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

FOR

NORTH SURREY VETERINARY EMERGENCIES LTD

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

J R Ball

P J Chaplin

D R Partridge

SECRETARY:

D R Partridge

REGISTERED OFFICE:

4 Park Road

East Molesey

United Kingdom

Surrey

KT8 9LE

REGISTERED NUMBER:

07245045 (England and Wales)

ACCOUNTANTS:

Chaplin Associates LLP

Gates End

Fairmile

Henley-On-Thames

Oxfordshire

RG9 2JY

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 May 2014 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Chaplin Associates LLP

Gates End

Fairmile

Henley-On-Thames

Oxfordshire

RG9 2JY

20 August 2014

FIXED ASSETS

Tangible assets

2

75,301

84,478

CURRENT ASSETS

Stocks

7,360

7,110

Debtors

17,279

14,617

Cash at bank and in hand

37,389

28,694

62,028

50,421

CREDITORS

Amounts falling due within one year

(134,521

)

(139,736

)

NET CURRENT LIABILITIES

(72,493

)

(89,315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,808

(4,837

)

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

2,805

(4,840

)

SHAREHOLDERS' FUNDS

2,808

(4,837

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 20 August 2014 and were signed on its behalf by:

P J Chaplin - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

in accordance with the property

Plant and machinery

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

106,558

DEPRECIATION

At 1 June 2013

22,080

Charge for year

9,177

At 31 May 2014

31,257

NET BOOK VALUE

At 31 May 2014

75,301

At 31 May 2013

84,478

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

3

Ordinary

£1

3

3

4.	RELATED PARTY DISCLOSURES