Company Registration No. 07578691 (England and Wales)
ASHLEY PHARMACY LTD
Unaudited accounts
for the year ended 30 April 2024
ASHLEY PHARMACY LTD
Unaudited accounts
Contents
ASHLEY PHARMACY LTD
Company Information
for the year ended 30 April 2024
Director
Kevin Lih Shang Ling
Company Number
07578691 (England and Wales)
Registered Office
ASHLEY PHARMACY
THE PARADE, ASHLEY ROAD
NEW MILTON
HAMPSHIRE
BH25 5BS
Accountants
K3 Accountants Limited
Barnwood
Trampers Lane
North Boarhunt
Hampshire
PO17 6DG
ASHLEY PHARMACY LTD
Statement of financial position
as at 30 April 2024
Intangible assets
270,000
300,000
Tangible assets
4,916
6,555
Cash at bank and in hand
253,094
119,960
Creditors: amounts falling due within one year
(507,473)
(355,438)
Net current assets/(liabilities)
167,400
(12,959)
Total assets less current liabilities
442,316
293,596
Provisions for liabilities
Net assets
441,962
293,596
Called up share capital
120
120
Profit and loss account
441,842
293,476
Shareholders' funds
441,962
293,596
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 director acknowledges his 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
Kevin Lih Shang Ling
Director
Company Registration No. 07578691
ASHLEY PHARMACY LTD
Notes to the Accounts
for the year ended 30 April 2024
ASHLEY PHARMACY LTD is a private company, limited by shares, registered in England and Wales, registration number 07578691. The registered office is ASHLEY PHARMACY, THE PARADE, ASHLEY ROAD, NEW MILTON, HAMPSHIRE, BH25 5BS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
10% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
30,000
ASHLEY PHARMACY LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
2,500
16,206
7,209
313
26,228
At 30 April 2024
2,500
16,206
7,209
313
26,228
At 1 May 2023
2,500
14,443
2,593
137
19,673
Charge for the year
-
441
1,154
44
1,639
At 30 April 2024
2,500
14,884
3,747
181
21,312
At 30 April 2024
-
1,322
3,462
132
4,916
At 30 April 2023
-
1,763
4,616
176
6,555
Amounts falling due within one year
Trade debtors
184,098
107,642
Amounts due from group undertakings etc.
91,059
-
Accrued income and prepayments
22,860
21,121
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
260,173
122,808
Taxes and social security
78,374
104,690
Other creditors
65,881
65,881
Deferred income
(35,422)
(17,941)
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Average number of employees
During the year the average number of employees was 18 (2023: 10).