REGISTERED NUMBER: 04525695 (England and Wales)

ABBOTSLEY VETERINARY PRACTICE LIMITED

ABBREVIATED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Foxell

Mrs K Foxell

SECRETARY:

Mrs K Foxell

REGISTERED OFFICE:

107 High Street

West Malling

Kent

ME19 6NA

REGISTERED NUMBER:

04525695 (England and Wales)

ACCOUNTANTS:

Perrys Accountants Limited

Chartered Accountants

19-21 Swan Street

West Malling

Kent

ME19 6JU

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

31,236

22,826

31,236

22,826

CURRENT ASSETS

Stocks

20,564

16,697

Debtors

6,458

8,742

Cash at bank and in hand

51,807

49,547

78,829

74,986

CREDITORS

Amounts falling due within one year

46,578

45,617

NET CURRENT ASSETS

32,251

29,369

TOTAL ASSETS LESS CURRENT LIABILITIES

63,487

52,195

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

63,485

52,193

SHAREHOLDERS' FUNDS

63,487

52,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 31 January 2017 and were signed on its behalf by:

P Foxell - 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 2002, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

not provided

Fixtures and fittings

-

25% on reducing balance

Stocks

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

obsolete and slow moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

247,000

AMORTISATION

At 1 October 2015

and 30 September 2016

247,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

44,132

Additions

12,016

At 30 September 2016

56,148

DEPRECIATION

At 1 October 2015

21,306

Charge for year

3,606

At 30 September 2016

24,912

NET BOOK VALUE

At 30 September 2016

31,236

At 30 September 2015

22,826

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2