REGISTERED NUMBER: 04800986 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Abbeydale Vetlink Veterinary Training

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms K Gwynne

Ms S F Morgan

REGISTERED OFFICE:

1 St Mary's Street

Ross-on-Wye

Herefordshire

HR9 5HT

REGISTERED NUMBER:

04800986 (England and Wales)

ACCOUNTANTS:

Thorne & Co.

Accountants and Registered Auditors

1 St Mary's Street

Ross-on-Wye

Herefordshire

HR9 5HT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

5,691

4,003

5,691

4,003

CURRENT ASSETS

Debtors

13,340

47,421

Cash at bank and in hand

168,327

87,303

181,667

134,724

CREDITORS

Amounts falling due within one year

58,179

63,361

NET CURRENT ASSETS

123,488

71,363

TOTAL ASSETS LESS CURRENT LIABILITIES

129,179

75,366

PROVISIONS FOR LIABILITIES

1,138

801

NET ASSETS

128,041

74,565

CAPITAL AND RESERVES

Called up share capital

4

60

60

Share premium

1,620

1,620

Capital redemption reserve

65

65

Profit and loss account

126,296

72,820

SHAREHOLDERS' FUNDS

128,041

74,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 25 April 2017 and were signed on its behalf by:

Ms K Gwynne - Director

Ms S F Morgan - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five 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

Computer equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the

treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by

the balance sheet date, except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing

differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

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 August 2015

and 31 July 2016

6,500

AMORTISATION

At 1 August 2015

and 31 July 2016

6,500

NET BOOK VALUE

At 31 July 2016

-

At 31 July 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

13,407

Additions

2,800

At 31 July 2016

16,207

DEPRECIATION

At 1 August 2015

9,404

Charge for year

1,112

At 31 July 2016

10,516

NET BOOK VALUE

At 31 July 2016

5,691

At 31 July 2015

4,003

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

60

Ordinary

£1.00

60

60

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2016 and

31 July 2015:

31.7.16

31.7.15

£

£

J R Corsan

Balance outstanding at start of year

(46

)

(46

)

Amounts repaid

-

-

Balance outstanding at end of year

(46

)

(46

)

Ms S F Morgan

Balance outstanding at start of year

(792

)

(792

)

Amounts repaid

-

-

Balance outstanding at end of year

(792

)

(792

)