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REGISTERED NUMBER: 04385670 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Theydon Bois Pharmacy Limited

Theydon Bois Pharmacy Limited (Registered number: 04385670)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Theydon Bois Pharmacy Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs S Gangji





SECRETARY: Mrs S Gangji





REGISTERED OFFICE: 20 Tadworth Parade
Hornchurch
Essex
RM12 5AS





REGISTERED NUMBER: 04385670 (England and Wales)





ACCOUNTANTS: HSY Accountants Ltd
Chartered Certified Accountants &
Statutory Auditors
20 Tadworth Parade
Elm Park
RM12 5AS

Theydon Bois Pharmacy Limited (Registered number: 04385670)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 420,000 480,000
Tangible assets 5 5,532 2,463
425,532 482,463

CURRENT ASSETS
Stocks 139,100 131,912
Debtors 6 297,189 330,731
Cash at bank 9,932 73,268
446,221 535,911
CREDITORS
Amounts falling due within one year 7 255,590 341,392
NET CURRENT ASSETS 190,631 194,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

616,163

676,982

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 616,161 676,980
SHAREHOLDERS' FUNDS 616,163 676,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Theydon Bois Pharmacy Limited (Registered number: 04385670)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2024 and were signed by:





Mrs S Gangji - Director


Theydon Bois Pharmacy Limited (Registered number: 04385670)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Theydon Bois Pharmacy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold - in accordance with the property
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Theydon Bois Pharmacy Limited (Registered number: 04385670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 600,000
AMORTISATION
At 1 April 2023 120,000
Amortisation for year 60,000
At 31 March 2024 180,000
NET BOOK VALUE
At 31 March 2024 420,000
At 31 March 2023 480,000

Theydon Bois Pharmacy Limited (Registered number: 04385670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
Leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 58,847 157,630 600 217,077
Additions - 3,737 - 3,737
At 31 March 2024 58,847 161,367 600 220,814
DEPRECIATION
At 1 April 2023 58,847 155,167 600 214,614
Charge for year - 668 - 668
At 31 March 2024 58,847 155,835 600 215,282
NET BOOK VALUE
At 31 March 2024 - 5,532 - 5,532
At 31 March 2023 - 2,463 - 2,463

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 148,016 168,402
Intercompany - datco 113,838 -
VAT 35,335 162,329
297,189 330,731

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 230,730 227,010
Tax 4,159 30,000
Social security and other taxes 11,276 3,985
Other creditors 7,380 -
Datco - intercompany - 79,252
Accrued expenses 2,045 1,145
255,590 341,392

Theydon Bois Pharmacy Limited (Registered number: 04385670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 28,000 28,000
Between one and five years 140,000 140,000
In more than five years 216,999 240,333
384,999 408,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary 2 2 2

10. RESERVES
Retained
earnings
£   

At 1 April 2023 676,980
Deficit for the year (60,819 )
At 31 March 2024 616,161

11. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Datco Healthcare Ltd by virtue of it's shareholding.