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Company Registration No. 12182298 (England and Wales)
VSM PHARMACY LIMITED Unaudited accounts for the year ended 31 March 2023
VSM PHARMACY LIMITED Unaudited accounts Contents
Page
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VSM PHARMACY LIMITED Company Information for the year ended 31 March 2023
Director
Jirina Thielens
Secretary
Thierry Thielens
Company Number
12182298 (England and Wales)
Registered Office
VSM PHARMACY 124 FRIMLEY ROAD CAMBERLEY SURREY GU15 2QN UNITED KINGDOM
Accountants
Arth Limited 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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VSM PHARMACY LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
460,600 
526,400 
Tangible assets
39,815 
66,249 
500,415 
592,649 
Current assets
Inventories
46,507 
49,867 
Debtors
215,394 
80,030 
Cash at bank and in hand
64,107 
126,020 
326,008 
255,917 
Creditors: amounts falling due within one year
(289,156)
(142,482)
Net current assets
36,852 
113,435 
Total assets less current liabilities
537,267 
706,084 
Creditors: amounts falling due after more than one year
(580,443)
(705,113)
Net (liabilities)/assets
(43,176)
971 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(43,178)
969 
Shareholders' funds
(43,176)
971 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 September 2023 and were signed on its behalf by
Jirina Thielens Director Company Registration No. 12182298
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VSM PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
VSM PHARMACY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12182298. The registered office is VSM PHARMACY, 124 FRIMLEY ROAD, CAMBERLEY, SURREY, GU15 2QN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2022
658,000 
At 31 March 2023
658,000 
Amortisation
At 1 April 2022
131,600 
Charge for the year
65,800 
At 31 March 2023
197,400 
Net book value
At 31 March 2023
460,600 
At 31 March 2022
526,400 
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VSM PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
91,450 
32,140 
123,590 
Additions
2,187 
1,186 
3,373 
At 31 March 2023
93,637 
33,326 
126,963 
Depreciation
At 1 April 2022
36,580 
20,761 
57,341 
Charge for the year
18,290 
11,517 
29,807 
At 31 March 2023
54,870 
32,278 
87,148 
Net book value
At 31 March 2023
38,767 
1,048 
39,815 
At 31 March 2022
54,870 
11,379 
66,249 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
206,488 
69,975 
Accrued income and prepayments
4,148 
5,281 
Other debtors
4,758 
4,774 
215,394 
80,030 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
125,519 
121,166 
Taxes and social security
6,155 
18,004 
Other creditors
157,149 
190 
Loans from directors
(667)
1,047 
Accruals
1,000 
2,075 
289,156 
142,482 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
580,443 
705,113 
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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