Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Phoenix Vets Limited
Contents
|
|||
|
Phoenix Vets Limited
(Registration number: 05869875)
Abbreviated Balance Sheet at 31 December 2015
Note |
2015
|
2014
|
|||||||
Fixed assets |
|||||||||
Intangible fixed assets |
|
|
|||||||
Tangible fixed assets |
|
|
|||||||
Investments |
|
|
|||||||
|
|
||||||||
Current assets |
|||||||||
Stocks |
|
|
|||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current (liabilities)/assets |
( |
|
|||||||
Total assets less current liabilities |
|
|
|||||||
Provisions for liabilities |
( |
( |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
Shareholders' funds |
|
|
Approved by the Board on
1
Phoenix Vets Limited
(Registration number: 05869875)
Abbreviated Balance Sheet at 31 December 2015
......... continued
.........................................
I M B Simpson
Director
.........................................
S L Simpson
Director
2
Phoenix Vets Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Accounting policies |
Basis of preparation
Exemption from preparing group accounts
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
|
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
|
Fixtures and fiittings |
|
Computer equipment |
|
Improvements to property |
|
Fixed asset investments
Stock
Phoenix Vets Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Deferred tax
Hire purchase and leasing
Financial instruments
Pensions
Phoenix Vets Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Fixed assets |
Intangible assets
|
Tangible assets
|
Investments
|
Total
|
|||||||||
Cost |
||||||||||||
At 1 January 2015 |
475,000 |
159,264 |
83 |
634,347 |
||||||||
Additions |
- |
25,080 |
- |
25,080 |
||||||||
At 31 December 2015 |
475,000 |
184,344 |
83 |
659,427 |
||||||||
Depreciation |
||||||||||||
At 1 January 2015 |
201,875 |
129,473 |
- |
331,348 |
||||||||
Charge for the year |
23,750 |
17,407 |
- |
41,157 |
||||||||
At 31 December 2015 |
225,625 |
146,880 |
- |
372,505 |
||||||||
Net book value |
||||||||||||
At 31 December 2015 |
|
|
|
|
||||||||
At 31 December 2014 |
|
|
|
|
|
Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
||||
|
England |
Ordinary |
|
|
The profit for the financial period of Phoenix Vets Sandhurst Limited was £75,288 and the aggregate amount of capital and reserves at the end of the period was £36,110.
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||