| Forest House Vets Ltd |
| Registered number: |
05168354 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
294,394 |
|
|
291,601 |
|
| Current assets |
| Stocks |
|
|
37,066 |
|
|
38,532 |
| Debtors |
4 |
|
90,884 |
|
|
88,049 |
| Cash at bank and in hand |
|
|
56,374 |
|
|
55,152 |
|
|
|
184,324 |
|
|
181,733 |
|
| Creditors: amounts falling due within one year |
5 |
|
(117,950) |
|
|
(125,181) |
|
| Net current assets |
|
|
|
66,374 |
|
|
56,552 |
|
| Total assets less current liabilities |
|
|
|
360,768 |
|
|
348,153 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(21,643) |
|
|
(2,160) |
|
|
|
| Net assets |
|
|
|
339,125 |
|
|
345,993 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Revaluation reserve |
7 |
|
|
62,763 |
|
|
62,763 |
| Profit and loss account |
|
|
|
275,362 |
|
|
282,230 |
|
| Shareholders' funds |
|
|
|
339,125 |
|
|
345,993 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J R Mills |
| Director |
| Approved by the board on 15 August 2017 |
|
| Forest House Vets Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2017 |
|
2016 |
| Number |
Number |
|
|
Average number of persons employed by the company |
17 |
|
17 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2016 |
288,400 |
|
160,165 |
|
448,565 |
|
Additions |
- |
|
23,787 |
|
23,787 |
|
At 31 March 2017 |
288,400 |
|
183,952 |
|
472,352 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2016 |
33,910 |
|
123,054 |
|
156,964 |
|
Charge for the year |
5,768 |
|
15,226 |
|
20,994 |
|
At 31 March 2017 |
39,678 |
|
138,280 |
|
177,958 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2017 |
248,722 |
|
45,672 |
|
294,394 |
|
At 31 March 2016 |
254,490 |
|
37,111 |
|
291,601 |
|
|
| 4 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
91,615 |
|
88,049 |
|
Bad debt provision |
|
|
|
|
(1,222) |
|
- |
|
Other debtors |
491 |
|
- |
|
|
|
|
|
|
90,884 |
|
88,049 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
60,057 |
|
75,381 |
|
Corporation tax |
20,366 |
|
25,706 |
|
Other taxes and social security costs |
35,837 |
|
22,564 |
|
Other creditors |
1,690 |
|
1,530 |
|
|
|
|
|
|
117,950 |
|
125,181 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Bank loans |
21,643 |
|
2,160 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2017 |
|
2016 |
| £ |
£ |
|
|
At 1 April 2016 |
62,763 |
|
62,763 |
|
|
At 31 March 2017 |
62,763 |
|
62,763 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Forest House Vets Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
29 York Place |
|
Knaresborough |
|
HG5 0AD |
