1 February 2023 false No description of principal activity Taxfiler 2024.5 08366064business:PrivateLimitedCompanyLtd2023-02-012024-01-31 083660642023-01-31 083660642023-02-012024-01-31 08366064business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 08366064business:AbridgedAccounts2023-02-012024-01-31 083660642024-01-31 083660642023-01-31 08366064core:WithinOneYear2024-01-31 08366064core:WithinOneYear2023-01-31 08366064core:AfterOneYear2024-01-31 08366064core:AfterOneYear2023-01-31 08366064core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 08366064core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08366064core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08366064core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08366064core:PreviouslyStatedAmount2024-01-31 08366064core:PreviouslyStatedAmount2023-01-31 08366064business:SmallEntities2023-02-012024-01-31 08366064business:Director12023-02-012024-01-31 08366064countries:EnglandWales2023-02-012024-01-31 08366064business:RegisteredOffice2023-02-012024-01-31 08366064core:MotorVehicles2023-02-012024-01-31 08366064core:FurnitureFittings2023-02-012024-01-31 08366064core:ComputerEquipment2023-02-012024-01-31 08366064business:OrdinaryShareClass12023-02-012024-01-31 08366064business:OrdinaryShareClass12022-02-012023-01-31 083660642022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
M & M FARMACIA LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
152,889 
152,889 
Tangible assets
181,751 
249,090 
334,640 
401,979 
Current assets
Inventories
51,469 
42,548 
Debtors
183,243 
30,572 
Cash at bank and in hand
146,362 
147,769 
381,074 
220,889 
Creditors: amounts falling due within one year
(631,085)
(477,949)
Net current liabilities
(250,011)
(257,060)
Total assets less current liabilities
84,629 
144,919 
Creditors: amounts falling due after more than one year
(38,587)
(91,410)
Net assets
46,042 
53,509 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,942 
53,409 
Shareholders' funds
46,042 
53,509 
For the 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. 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 October 2024 and were signed on its behalf by
MAIWAND NAZARI Director Company Registration No. 08366064
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M & M FARMACIA LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
M & M FARMACIA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08366064. The registered office is 152A CONNAUGHT AVENUE, FRINTON-ON-SEA, ESSEX, CO13 9NE.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Intangible fixed assets
Total 
£ 
Cost
At 1 February 2023
180,000 
At 31 January 2024
180,000 
Amortisation
At 1 February 2023
27,111 
At 31 January 2024
27,111 
Net book value
At 31 January 2024
152,889 
At 31 January 2023
152,889 
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M & M FARMACIA LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
455,087 
Additions
93,100 
Disposals
(115,000)
At 31 January 2024
433,187 
Depreciation
At 1 February 2023
205,997 
Charge for the year
45,439 
At 31 January 2024
251,436 
Net book value
At 31 January 2024
181,751 
At 31 January 2023
249,090 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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