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Company Registration No. 06553314 (England and Wales)
LINTON PHARMACY LIMITED Unaudited accounts for the year ended 31 March 2024
LINTON PHARMACY LIMITED Unaudited accounts Contents
Page
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LINTON PHARMACY LIMITED Company Information for the year ended 31 March 2024
Directors
Venichand Ranmal Harania Mohammed Abu Hassan Amar Kumar Kalia
Company Number
06553314 (England and Wales)
Registered Office
49 HIGH STREET LINTON CAMBRIDGE CB21 4HS
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
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LINTON PHARMACY LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
295,500 
330,750 
Tangible assets
4,198 
5,207 
299,698 
335,957 
Current assets
Inventories
30,802 
31,529 
Debtors
241,084 
206,055 
Cash at bank and in hand
314,895 
196,761 
586,781 
434,345 
Creditors: amounts falling due within one year
(195,799)
(170,176)
Net current assets
390,982 
264,169 
Total assets less current liabilities
690,680 
600,126 
Provisions for liabilities
Deferred tax
(1,050)
(1,302)
Net assets
689,630 
598,824 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
210,000 
210,000 
Profit and loss account
479,530 
388,724 
Shareholders' funds
689,630 
598,824 
For the year ending 31 March 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 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 of Directors and authorised for issue on 21 December 2024 and were signed on its behalf by
Amar Kumar Kalia Director Company Registration No. 06553314
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LINTON PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LINTON PHARMACY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06553314. The registered office is 49 HIGH STREET, LINTON, CAMBRIDGE, CB21 4HS.
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:
Fixtures & fittings
15% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
750,000 
At 31 March 2024
750,000 
Amortisation
At 1 April 2023
419,250 
Charge for the year
35,250 
At 31 March 2024
454,500 
Net book value
At 31 March 2024
295,500 
At 31 March 2023
330,750 
Goodwill, being the amount paid in connection with the acquisition of a business in 2008 and 2021, is being amortised evenly over its estimated useful life of twenty years.
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LINTON PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,321 
At 31 March 2024
12,321 
Depreciation
At 1 April 2023
7,114 
Charge for the year
1,009 
At 31 March 2024
8,123 
Net book value
At 31 March 2024
4,198 
At 31 March 2023
5,207 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
22,759 
9,332 
Trade debtors
99,632 
91,845 
Amounts due from group undertakings etc.
117,123 
103,378 
Accrued income and prepayments
1,570 
1,500 
241,084 
206,055 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
127,499 
123,499 
Taxes and social security
59,634 
45,586 
Other creditors
7,266 
- 
Accruals
1,400 
1,091 
195,799 
170,176 
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
18,000 
18,000 
Later than one year and not later than five years
72,000 
72,000 
Later than five years
126,000 
144,000 
216,000 
234,000 
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LINTON PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2024
9
Transactions with related parties
During the year the company paid Management fees of £38,580 (2023:£28,847) to the parent company Linton Village Pharmacy Limited. The company owed £117,123 (2023 :£103,378) from the parent company Linton Village Pharmacy Limited as at 31 March 2024. The company paid Dividend of £45,100 (2023:£53,500) to the parent company Linton Village Pharmacy Limited during the year.
10
Controlling party
The company is a wholly owned subsidiary of Linton Village Pharmacy Limited, which is the ultimate controlling party.
11
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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