Company Registration No. 08673860 (England and Wales)
GOOD HEALTH PHARMACIES LTD
Unaudited accounts
for the year ended 31 May 2024
GOOD HEALTH PHARMACIES LTD
Unaudited accounts
Contents
GOOD HEALTH PHARMACIES LTD
Company Information
for the year ended 31 May 2024
Director
Niket Nilesh Patel
Company Number
08673860 (England and Wales)
Registered Office
112 WEST GREEN ROAD
LONDON
N15 5AA
Accountants
BPACL Accountancy Services Limited
83 Cowley Hill
Borehamwood
Hertfordshire
WD6 5NA
GOOD HEALTH PHARMACIES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
17,468
20,205
Cash at bank and in hand
157,709
242,475
Creditors: amounts falling due within one year
(257,427)
(173,455)
Net current assets
694,612
444,532
Total assets less current liabilities
712,080
464,737
Provisions for liabilities
Deferred tax
(4,367)
(5,051)
Net assets
707,713
459,686
Called up share capital
1
1
Profit and loss account
707,712
459,685
Shareholders' funds
707,713
459,686
For the year ending 31 May 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 27 February 2025 and were signed on its behalf by
Niket Nilesh Patel
Director
Company Registration No. 08673860
GOOD HEALTH PHARMACIES LTD
Notes to the Accounts
for the year ended 31 May 2024
GOOD HEALTH PHARMACIES LTD is a private company, limited by shares, registered in England and Wales, registration number 08673860. The registered office is 112 WEST GREEN ROAD, LONDON, N15 5AA.
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:
Fixtures & fittings
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
GOOD HEALTH PHARMACIES LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
146,670
106,910
Amounts due from group undertakings etc.
604,286
210,000
Accrued income and prepayments
1,331
1,338
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,745
30,778
Trade creditors
86,247
111,725
Taxes and social security
83,751
26,781
Loans from directors
66,084
3,708
7
Operating lease commitments
2024
2023
At 31 May 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
85,000
85,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).