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REGISTERED NUMBER: 05545436 (England and Wales)













Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Abbeyvet (North East) Ltd

Abbeyvet (North East) Ltd (Registered number: 05545436)






Contents of the Abbreviated Accounts
for the Year Ended 30 April 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Abbeyvet (North East) Ltd

Company Information
for the Year Ended 30 April 2015







DIRECTORS: C R Whalley
C Robinson





SECRETARY: C R Whalley





REGISTERED OFFICE: Dunleigh House
Newcastle Road
Crossgate Moor
Durham
DH1 4HZ





REGISTERED NUMBER: 05545436 (England and Wales)





ACCOUNTANTS: JN Straughan & Co.
Chartered Accountants
Fram Well House, Framwelgate
Durham
Co. Durham
DH1 5SU

Abbeyvet (North East) Ltd (Registered number: 05545436)

Abbreviated Balance Sheet
30 April 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 234,595 267,936
234,595 267,936

CURRENT ASSETS
Stocks 57,140 43,611
Debtors 153,747 37,610
Cash at bank and in hand 139,705 337,596
350,592 418,817
CREDITORS
Amounts falling due within one year 4 130,775 117,651
NET CURRENT ASSETS 219,817 301,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

454,412

569,102

CREDITORS
Amounts falling due after more than one
year

4

-

(110,896
)

PROVISIONS FOR LIABILITIES (20,153 ) (23,682 )
NET ASSETS 434,259 434,524

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 434,159 434,424
SHAREHOLDERS' FUNDS 434,259 434,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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.

Abbeyvet (North East) Ltd (Registered number: 05545436)

Abbreviated Balance Sheet - continued
30 April 2015


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 9 July 2015 and were signed on its behalf by:





C R Whalley - Director


Abbeyvet (North East) Ltd (Registered number: 05545436)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 2015

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 net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been amortised
over its estimated useful life.

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 etc - 15% on reducing balance and 4% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed 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 May 2014
and 30 April 2015 130,787
AMORTISATION
At 1 May 2014
and 30 April 2015 130,787
NET BOOK VALUE

At 30 April 2015 -
At 30 April 2014 -

Abbeyvet (North East) Ltd (Registered number: 05545436)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014 530,503
Additions 1,118
Disposals (5,220 )
At 30 April 2015 526,401
DEPRECIATION
At 1 May 2014 262,567
Charge for year 29,239
At 30 April 2015 291,806
NET BOOK VALUE
At 30 April 2015 234,595
At 30 April 2014 267,936

4. CREDITORS

Creditors include an amount of £ 0 (2014 - £ 116,904 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable by instalments - 110,896

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2015 and
30 April 2014:

2015 2014
£    £   
C R Whalley
Balance outstanding at start of year - -
Amounts advanced 70,268 -
Amounts repaid - -
Balance outstanding at end of year 70,268 -

Abbeyvet (North East) Ltd (Registered number: 05545436)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2015

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

C Robinson
Balance outstanding at start of year - -
Amounts advanced 30,115 -
Amounts repaid - -
Balance outstanding at end of year 30,115 -

7. RELATED PARTY DISCLOSURES

Both directors of the Company are partners in the Abbey Vet Centre in Durham.. During the year the company
charged wages from Abbey Vet (North East) Ltd totalling £161,523 (2014:£159,706).

These amounts equate to the cost to Abbeyvet (North East) Ltd and exclude value added tax.

At the 30th April 2015 the Company is owed £1,8957 (2014 owed £1,650).