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Company Registration No. 10838794 (England and Wales)
OLD FARMACY BRUTON LTD Unaudited accounts for the year ended 30 June 2023
OLD FARMACY BRUTON LTD Unaudited accounts Contents
Page
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OLD FARMACY BRUTON LTD Company Information for the year ended 30 June 2023
Director
Merlin Timothy Osip LABRON-JOHNSON
Company Number
10838794 (England and Wales)
Registered Office
35 HIgh Street Bruton Somerset BA10 0AH United Kingdom
Accountants
Addition Financial Limited Addition at 1 Lyric Square Hammersmith London W6 0NB
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OLD FARMACY BRUTON LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,031 
13,975 
Current assets
Inventories
4,146 
4,278 
Debtors
188,731 
48,437 
Cash at bank and in hand
10,284 
97,508 
203,161 
150,223 
Creditors: amounts falling due within one year
(77,043)
(63,548)
Net current assets
126,118 
86,675 
Total assets less current liabilities
139,149 
100,650 
Creditors: amounts falling due after more than one year
(53,667)
(36,667)
Net assets
85,482 
63,983 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
85,481 
63,982 
Shareholders' funds
85,482 
63,983 
For the year ending 30 June 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 his 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 11 March 2024 and were signed on its behalf by
Merlin Timothy Osip LABRON-JOHNSON Director Company Registration No. 10838794
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OLD FARMACY BRUTON LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
OLD FARMACY BRUTON LTD is a private company, limited by shares, registered in England and Wales, registration number 10838794. The registered office is 35 HIgh Street, Bruton, Somerset, BA10 0AH, 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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
22,564 
Additions
3,068 
At 30 June 2023
25,632 
Depreciation
At 1 July 2022
8,589 
Charge for the year
4,012 
At 30 June 2023
12,601 
Net book value
At 30 June 2023
13,031 
At 30 June 2022
13,975 
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OLD FARMACY BRUTON LTD Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,778 
10,542 
Accrued income and prepayments
823 
1,967 
Other debtors
- 
8,068 
19,601 
20,577 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
169,130 
27,860 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
18,001 
982 
Trade creditors
26,246 
21,685 
Taxes and social security
- 
1,595 
Other creditors
764 
13,077 
Loans from directors
400 
20,515 
Accruals
31,632 
5,694 
77,043 
63,548 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
53,667 
36,667 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director's Loan Account
- 
400 
- 
400 
- 
400 
- 
400 
9
Average number of employees
During the year the average number of employees was 12 (2022: 0).
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