Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC087428 Gillian Tarbet Gavin Boyle Gillian Tarbet iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC087428 2023-04-30 SC087428 2024-04-30 SC087428 2023-05-01 2024-04-30 SC087428 frs-core:CurrentFinancialInstruments 2024-04-30 SC087428 frs-core:ComputerEquipment 2024-04-30 SC087428 frs-core:ComputerEquipment 2023-05-01 2024-04-30 SC087428 frs-core:ComputerEquipment 2023-04-30 SC087428 frs-core:FurnitureFittings 2024-04-30 SC087428 frs-core:FurnitureFittings 2023-05-01 2024-04-30 SC087428 frs-core:FurnitureFittings 2023-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 SC087428 frs-core:ShareCapital 2024-04-30 SC087428 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC087428 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC087428 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC087428 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC087428 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC087428 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC087428 frs-bus:Director1 2023-05-01 2024-04-30 SC087428 frs-bus:Director2 2023-05-01 2024-04-30 SC087428 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 SC087428 frs-core:CurrentFinancialInstruments 1 2024-04-30 SC087428 frs-countries:Scotland 2023-05-01 2024-04-30 SC087428 2022-04-30 SC087428 2023-04-30 SC087428 2022-05-01 2023-04-30 SC087428 frs-core:CurrentFinancialInstruments 2023-04-30 SC087428 frs-core:ShareCapital 2023-04-30 SC087428 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 SC087428 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: SC087428
Townhead Pharmacy Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC087428
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 118,511 5,872
118,511 5,872
CURRENT ASSETS
Stocks 5 53,853 59,119
Debtors 6 156,430 160,839
Cash at bank and in hand 140,889 142,219
351,172 362,177
Creditors: Amounts Falling Due Within One Year 7 (463,215 ) (361,582 )
NET CURRENT ASSETS (LIABILITIES) (112,043 ) 595
TOTAL ASSETS LESS CURRENT LIABILITIES 6,468 6,467
NET ASSETS 6,468 6,467
CAPITAL AND RESERVES
Called up share capital 8 30 30
Income Statement 6,438 6,437
SHAREHOLDERS' FUNDS 6,468 6,467
Page 1
Page 2
For the year ending 30 April 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Gillian Tarbet
Director
05/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Townhead Pharmacy Limited is a private company, limited by shares, incorporated in Scotland, registered number SC087428 . The registered office is Phase 1 Royal Infirmary, 16 Alexandra Parade, Glasgow, G31 2ES.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2% Cost
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 - 48,878 12,848 61,726
Additions 116,436 - - 116,436
As at 30 April 2024 116,436 48,878 12,848 178,162
Depreciation
As at 1 May 2023 - 48,878 6,976 55,854
Provided during the period 2,329 - 1,468 3,797
As at 30 April 2024 2,329 48,878 8,444 59,651
Net Book Value
As at 30 April 2024 114,107 - 4,404 118,511
As at 1 May 2023 - - 5,872 5,872
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock 53,853 59,119
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 128,886 126,976
VAT 27,544 33,863
156,430 160,839
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 175,707 178,551
Other taxes and social security 3,025 2,910
Other creditors 665 618
Prepaid income 43,333 39,000
Accruals and deferred income 240,485 140,503
463,215 361,582
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30 30
Page 4