Abbreviated Company Accounts - CALWETON VETERINARY SERVICES LIMITED

CALWETON VETERINARY SERVICES LIMITED - Company Information

Registered Number 04540277

CALWETON VETERINARY SERVICES LIMITED

Abbreviated Accounts

30 September 2016

CALWETON VETERINARY SERVICES LIMITED Registered Number 04540277

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	18,000	21,000
Tangible assets	3	60,432	36,203
Investments	4	17,649	17,649
		96,081	74,852
Current assets
Stocks		63,304	63,269
Debtors		270,114	237,019
Cash at bank and in hand		43,936	93,148
		377,354	393,436
Creditors: amounts falling due within one year		(314,549)	(315,012)
Net current assets (liabilities)		62,805	78,424
Total assets less current liabilities		158,886	153,276
Creditors: amounts falling due after more than one year		(16,812)	-
Provisions for liabilities		(7,811)	(2,395)
Total net assets (liabilities)		134,263	150,881
Capital and reserves
Called up share capital		1,200	1,200
Profit and loss account		133,063	149,681
Shareholders' funds		134,263	150,881

For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 by the Board on 6 April 2017

And signed on their behalf by:
S C Gough, Director

CALWETON VETERINARY SERVICES LIMITED Registered Number 04540277

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Leasehold Property - over the term of the lease
Hydrotherapy pool - 25% straight line
Motor Vehicles - 20% straight line
Fixtures & Fittings - 20% straight line
Surgical Equipment - 20% straight line
Office Equipment - 33.3% straight line

Intangible assets amortisation policy
Goodwill - 5% pa straight line

2Intangible fixed assets

	£
Cost
At 1 October 2015	60,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	60,000
Amortisation
At 1 October 2015	39,000
Charge for the year	3,000
On disposals	-
At 30 September 2016	42,000
Net book values
At 30 September 2016	18,000
At 30 September 2015	21,000

3Tangible fixed assets

	£
Cost
At 1 October 2015	358,767
Additions	46,458
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	405,225
Depreciation
At 1 October 2015	322,564
Charge for the year	22,229
On disposals	-
At 30 September 2016	344,793
Net book values
At 30 September 2016	60,432
At 30 September 2015	36,203

4Fixed assets Investments
Investments are shares & loans in XLVET at cost.