Ryburn Pharmacy (Ripponden) Limited 04952659 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of a dispensing pharmacy. Digita Accounts Production Advanced 6.30.9574.0 true 04952659 2023-02-01 2024-01-31 04952659 2024-01-31 04952659 core:RetainedEarningsAccumulatedLosses 2024-01-31 04952659 core:ShareCapital 2024-01-31 04952659 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 04952659 core:FurnitureFittingsToolsEquipment 2024-01-31 04952659 core:LandBuildings 2024-01-31 04952659 bus:SmallEntities 2023-02-01 2024-01-31 04952659 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 04952659 bus:FilletedAccounts 2023-02-01 2024-01-31 04952659 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 04952659 bus:RegisteredOffice 2023-02-01 2024-01-31 04952659 bus:Director1 2023-02-01 2024-01-31 04952659 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04952659 core:FurnitureFittings 2023-02-01 2024-01-31 04952659 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 04952659 core:LandBuildings 2023-02-01 2024-01-31 04952659 countries:England 2023-02-01 2024-01-31 04952659 2023-01-31 04952659 core:FurnitureFittingsToolsEquipment 2023-01-31 04952659 core:LandBuildings 2023-01-31 04952659 2022-02-01 2023-01-31 04952659 2023-01-31 04952659 core:RetainedEarningsAccumulatedLosses 2023-01-31 04952659 core:ShareCapital 2023-01-31 04952659 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 04952659 core:FurnitureFittingsToolsEquipment 2023-01-31 04952659 core:LandBuildings 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 04952659

Ryburn Pharmacy (Ripponden) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Ryburn Pharmacy (Ripponden) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Ryburn Pharmacy (Ripponden) Limited

Balance Sheet

as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

30,284

36,930

Current assets

 

Stocks

67,010

63,714

Debtors

5

149,263

138,123

Cash at bank and in hand

 

673,483

671,084

 

889,756

872,921

Creditors: Amounts falling due within one year

6

(319,973)

(309,749)

Net current assets

 

569,783

563,172

Total assets less current liabilities

 

600,067

600,102

Provisions for liabilities

(4,120)

(3,855)

Net assets

 

595,947

596,247

Capital and reserves

 

Allotted, called up and fully paid share capital

100

100

Profit and loss account

595,847

596,147

Shareholders' funds

 

595,947

596,247

Registration number: 04952659

 

Ryburn Pharmacy (Ripponden) Limited

Balance Sheet

as at 31 January 2024 (continued)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 17 September 2024 and signed on its behalf by:
 

.........................................
Mr J Lubera
Director

 

Ryburn Pharmacy (Ripponden) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2024

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 04952659.

The address of its registered office is:
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

The principal place of business is:
Hirst Wood
Ripponden
Sowerby Bridge
West Yorkshire
HX6 4BN

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Ryburn Pharmacy (Ripponden) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2024 (continued)

2

Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

15% per annum on a reducing balance basis and 33.33% per annum on a straight line basis

Leasehold property improvements

Straight line over the life of the lease

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

 

Ryburn Pharmacy (Ripponden) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2024 (continued)

2

Accounting policies (continued)

Leases

Rentals in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 11 (2023 - 12).

4

Tangible assets

Leasehold property improvements
£

Furniture, fittings and computer equipment
 £

Total
£

Cost

At 1 February 2023

97,911

58,196

156,107

At 31 January 2024

97,911

58,196

156,107

Depreciation

At 1 February 2023

68,500

50,677

119,177

Charge for the year

4,940

1,706

6,646

At 31 January 2024

73,440

52,383

125,823

Net book value

At 31 January 2024

24,471

5,813

30,284

At 31 January 2023

29,411

7,519

36,930

 

Ryburn Pharmacy (Ripponden) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2024 (continued)

5

Debtors

Current

2024
£

2023
£

Trade debtors

118,885

101,487

Prepayments

9,547

18,057

Other debtors

20,831

18,579

 

149,263

138,123

6

Creditors

2024
£

2023
£

Due within one year

Trade creditors

161,177

170,218

Taxation and social security

-

785

Corporation tax liability

46,073

36,759

Accruals and deferred income

7,032

5,525

Other creditors

12,228

4,135

Directors' loan accounts

93,463

92,327

319,973

309,749

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £247,792 (2023 - £227,105). These financial commitments relate to non-cancellable operating leases and are payable over the remaining life of those leases.