Poole Road Veterinary Ltd - Limited company - abbreviated - 11.6

Poole Road Veterinary Ltd - Limited company - abbreviated - 11.6

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 2014

FOR

POOLE ROAD VETERINARY LTD

POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014










Page

Abbreviated balance sheet 1

Notes to the abbreviated accounts 3

POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
Fixed assets
Intangible assets 2 27,159 45,266
Tangible assets 3 14,503 8,600
41,662 53,866

Current assets
Stocks 12,564 12,630
Debtors 3,804 3,508
Cash at bank 6,377 14,977
22,745 31,115
Creditors
Amounts falling due within one year 58,321 83,123
Net current liabilities (35,576 ) (52,008 )
Total assets less current liabilities 6,086 1,858

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

Provisions for liabilities (2,634 ) (1,395 )
Net assets 407 463

Capital and reserves
Called up share capital 4 100 100
Profit and loss account 307 363
Shareholders' funds 407 463

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 notes form part of these abbreviated accounts

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POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2014


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 16 December 2014 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 2014


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 2013
and 31 March 2014 126,747
Amortisation
At 1 April 2013 81,481
Amortisation for year 18,107
At 31 March 2014 99,588
Net book value

At 31 March 2014 27,159
At 31 March 2013 45,266

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POOLE ROAD VETERINARY LTD (REGISTERED NUMBER: 06586206)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2014


3. Tangible fixed assets
Total
£   
Cost
At 1 April 2013 24,148
Additions 10,737
At 31 March 2014 34,885
Depreciation
At 1 April 2013 15,548
Charge for year 4,834
At 31 March 2014 20,382
Net book value
At 31 March 2014 14,503
At 31 March 2013 8,600

4. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

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