The Pet Health Partnership Limited - Limited company - abbreviated - 11.0.0
The Pet Health Partnership Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2015 |
| FOR |
| THE PET HEALTH PARTNERSHIP LIMITED |
| THE PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2015 |
| Page |
| Company Information | 1 |
| Report of the Accountants | 2 |
| Abbreviated Balance Sheet | 3 |
| Notes to the Abbreviated Accounts | 5 |
| THE PET HEALTH PARTNERSHIP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| THE PET HEALTH PARTNERSHIP LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| THE PET HEALTH PARTNERSHIP LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to seven) |
| have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended |
| 31 July 2015 set out on pages four to thirteen and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to |
| fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 23 November 2015 |
| THE PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| ABBREVIATED BALANCE SHEET |
| 31 JULY 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 JULY 2015 |
| The financial statements were approved by the Board of Directors on by: |
| J R Ball - Director | P Melville - Director |
| P J Chaplin - Director |
| THE PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 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. |
| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work |
| done in the year, including estimates of the amounts not invoiced. Turnover in respect of long-term contracts |
| for on-going services is recognised by reference to the stage of completion. |
| Goodwill |
| Tangible fixed assets |
| Long leasehold | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| All fixed assets are initially recorded at cost. |
| Depreciation |
| An amount equal to the excess of the annual depreciation charge on revalued assets over the notional historical |
| cost depreciation charge on those assets is transferred annually from the revaluation reserve to the profit and |
| loss reserve. |
| 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 where transactions or events have occurred at that date that will result in an obligation to |
| pay more, or a right to pay less or to receive more tax, with the following exceptions: |
| Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed |
| assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the |
| extent that, at the balance sheet date there is a binding agreement to dispose of the assets concerned. However, |
| no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely |
| than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the |
| replacement assets are sold. |
| Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not |
| that there will be suitable taxable profits from which the future reversal of the underlying timing differences |
| can be deducted. |
| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in |
| which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance |
| sheet date. |
| THE PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2015 |
| 1. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| and 31 July 2015 |
| AMORTISATION |
| At 1 August 2014 |
| Amortisation for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| Additions |
| At 31 July 2015 |
| DEPRECIATION |
| At 1 August 2014 |
| Charge for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| THE PET HEALTH PARTNERSHIP LIMITED (REGISTERED NUMBER: 04881969) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2015 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary A | £1 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 July 2015 and |
| 31 July 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year | ( |
) |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| 7. | RELATED PARTY DISCLOSURES |
| CBM Partners |
| A company in which the directors have a shared interest. |
| All intercompany transactions are conducted at arms length and are done on a fully commercial basis. |