Company Registration No. 09890252 (England and Wales)
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
PAGES FOR FILING WITH REGISTRAR
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
COMPANY INFORMATION
Directors
Mr C E Dickson
Dr C J Dickson
Professor H Morgan
Mrs D Dickson
Ms H A Dickson
Mr J Dickson
Ms J Smart
Company number
09890252
Registered office
Richard House
Winckley Square
Preston
PR1 3HP
Accountants
MHA Moore and Smalley
Richard House
9 Winckley Square
Preston
PR1 3HP
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
BALANCE SHEET
AS AT 31 DECEMBER 2018
31 December 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Debtors
2
10
10
Net current assets
10
10
Capital and reserves
Called up share capital
3
10
10
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 September 2019 and are signed on its behalf by:
Mr C E Dickson
Director
Company Registration No. 09890252
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
- 2 -
1
Accounting policies
Company information
Vivoplex Animal Health Limited (formerly Vivoplex Industrial Limited) is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Richard House, Winckley Square, Preston, PR1 3HP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year. During
this time
the company received no income and incurred no expenditure and therefore no Profit and loss account is presented
in these financial statements
1.3
Cash at bank and in hand
Cash at bank and in hand
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
VIVOPLEX ANIMAL HEALTH LIMITED (FORMERLY VIVOPLEX INDUSTRIAL LIMITED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2018
1
Accounting policies
(Continued)
- 3 -
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Debtors
2018
2017
Amounts falling due within one year:
£
£
Other debtors
10
10
3
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
10 Ordinary of £1 each
10
10