Vetberry Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01502277 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

VETBERRY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G. A. Vanger

B C Vanger

SECRETARY:

Mrs B Vanger

REGISTERED OFFICE:

Suite 2

Fountain House

1A Elm Park

Stanmore

Middlesex

HA7 4AU

REGISTERED NUMBER:

01502277 (England and Wales)

ACCOUNTANTS:

Donald Jacobs & Partners

CHARTERED ACCOUNTANTS

Suite 2, Fountain House

1a Elm Park

Stanmore

Middlesex

HA7 4AU

FIXED ASSETS

Tangible assets

4

15,398

17,109

Investment property

5

1,765,608

586,608

1,781,006

603,717

CURRENT ASSETS

Debtors

6

3,965

2,022

Cash at bank

45,717

29,791

49,682

31,813

CREDITORS

Amounts falling due within one year

7

12,393

12,269

NET CURRENT ASSETS

37,289

19,544

TOTAL ASSETS LESS CURRENT LIABILITIES

1,818,295

623,261

CREDITORS

Amounts falling due after more than one year

8

(210,966

)

(228,247

)

PROVISIONS FOR LIABILITIES

(224,010

)

-

NET ASSETS

1,383,319

395,014

CAPITAL AND RESERVES

Called up share capital

102

102

Revaluation reserve

9

-

96,574

Retained earnings

1,383,217

298,338

SHAREHOLDERS' FUNDS

1,383,319

395,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 July 2018 and were signed on its behalf by:

G. A. Vanger - Director

1.	STATUTORY INFORMATION

Vetberry Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

The turnover represents rent & sundry receipts.

Freehold and leasehold properties

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

Fixtures and fittings

-

10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Provision for deferred tax has not been made in these financial statements as any provision would not be

material.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST OR VALUATION

At 1 November 2016

and 31 October 2017

84,313

DEPRECIATION

At 1 November 2016

67,204

Charge for year

1,711

At 31 October 2017

68,915

NET BOOK VALUE

At 31 October 2017

15,398

At 31 October 2016

17,109

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2016

586,608

Revaluations

1,179,000

At 31 October 2017

1,765,608

NET BOOK VALUE

At 31 October 2017

1,765,608

At 31 October 2016

586,608

Fair value at 31 October 2017 is represented by:

£

Valuation in 2017

1,179,000

Cost

586,608

1,765,608

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Other debtors

3,965

2,022

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Taxation and social security

10,005

6,348

Other creditors

2,388

5,921

12,393

12,269

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans

159,774

177,055

Other creditors

51,192

51,192

210,966

228,247

9.

RESERVES

Revaluation

reserve

£

At 1 November 2016

96,574

Reserve transferred

(96,574

)

At 31 October 2017

-

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.