Company Registration No. 08477790 (England and Wales)
Jela Pharm Limited
Filleted accounts
for the year ended 30 April 2024
Jela Pharm Limited
Filleted accounts
Contents
Jela Pharm Limited
Company Information
for the year ended 30 April 2024
Company Number
08477790 (England and Wales)
Registered Office
Somerby Pharmacy
11a Leicester Road
Oadby
Leicester
Leicestershire
LE2 5BD
England
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Jela Pharm Limited
Statement of financial position
as at 30 April 2024
Intangible assets
750,631
-
Tangible assets
279,813
110,749
Cash at bank and in hand
213,005
109,936
Creditors: amounts falling due within one year
(653,939)
(166,834)
Net current assets
124,769
207,738
Total assets less current liabilities
1,155,213
318,487
Creditors: amounts falling due after more than one year
(586,021)
(84,428)
Net assets
569,192
234,059
Called up share capital
1
1
Profit and loss account
569,191
234,058
Shareholders' funds
569,192
234,059
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 28 January 2025 and were signed on its behalf by
Romin Tayub
Director
Company Registration No. 08477790
Jela Pharm Limited
Notes to the Accounts
for the year ended 30 April 2024
Jela Pharm Limited is a private company, limited by shares, registered in England and Wales, registration number 08477790. The registered office is Somerby Pharmacy, 11a Leicester Road, Oadby, Leicester, Leicestershire, LE2 5BD, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Jela Pharm Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
3,500
84,940
66,653
5,142
160,235
Additions
-
11,500
190,863
10,399
212,762
At 30 April 2024
3,500
96,440
257,516
15,541
372,997
At 1 May 2023
2,689
15,127
31,381
289
49,486
Charge for the year
122
23,780
17,009
2,787
43,698
At 30 April 2024
2,811
38,907
48,390
3,076
93,184
At 30 April 2024
689
57,533
209,126
12,465
279,813
At 30 April 2023
811
69,813
35,272
4,853
110,749
Amounts falling due within one year
Trade debtors
13,136
190,472
Amounts due from group undertakings etc.
14,000
22,500
Accrued income and prepayments
429,053
3,809
Amounts falling due after more than one year
Accrued income and prepayments
19,125
7,375
Jela Pharm Limited
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
69,215
-
Obligations under finance leases and hire purchase contracts
8,275
-
Trade creditors
363,068
118,468
Amounts owed to group undertakings and other participating interests
100,000
-
Taxes and social security
57,032
22,062
Other creditors
24,216
17,807
Loans from directors
29,461
-
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 20 (2023: 7).