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REGISTERED NUMBER: SC036268 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLAN CHEMISTS LIMITED

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


CLAN CHEMISTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr M R B McLaren
Mrs T McLaren



SECRETARY: Mrs T McLaren



REGISTERED OFFICE: 3 Rockbank Place
Hardgate
CLYDEBANK
G81 5NZ



REGISTERED NUMBER: SC036268 (Scotland)



ACCOUNTANTS: Callanders Limited
Chartered Accountants
53 High Street
Dumbarton
G82 1LS



BANKERS: The Royal Bank of Scotland plc
30 Sylvania Way
Clydebank
G81 1TS



SOLICITORS: Miller, Beckett & Jackson
190 St Vincent Street
Glasgow
G2 5SP

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 303,942 317,899
Investments 5 - 220,794
Investment property 6 110,780 110,780
414,722 649,473

CURRENT ASSETS
Stocks 108,088 116,853
Debtors 7 257,999 251,583
Cash at bank and in hand 350,294 226,438
716,381 594,874
CREDITORS
Amounts falling due within one year 8 332,889 421,592
NET CURRENT ASSETS 383,492 173,282
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,214

822,755

CREDITORS
Amounts falling due after more than one
year

9

-

(3,542

)

PROVISIONS FOR LIABILITIES (20,040 ) (20,372 )
NET ASSETS 778,174 798,841

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

BALANCE SHEET - continued
31 MARCH 2025

2025 2024
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 3,940 3,940
Revaluation reserve 10 3,717 3,717
Capital redemption reserve 8,060 8,060
Retained earnings 762,457 783,124
SHAREHOLDERS' FUNDS 778,174 798,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





Mr M R B McLaren - Director


CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Clan Chemists Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents income from the dispensing and sale of pharmaceuticals, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 27 ) .

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST
At 1 April 2024 190,665 82,386 203,765
Additions - - -
Disposals - - -
At 31 March 2025 190,665 82,386 203,765
DEPRECIATION
At 1 April 2024 47,602 49,476 151,761
Charge for year 3,814 5,189 10,319
Eliminated on disposal - - -
At 31 March 2025 51,416 54,665 162,080
NET BOOK VALUE
At 31 March 2025 139,249 27,721 41,685
At 31 March 2024 143,063 32,910 52,004

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 130,533 19,861 627,210
Additions 46,330 - 46,330
Disposals (21,568 ) - (21,568 )
At 31 March 2025 155,295 19,861 651,972
DEPRECIATION
At 1 April 2024 49,086 11,386 309,311
Charge for year 29,670 2,196 51,188
Eliminated on disposal (12,469 ) - (12,469 )
At 31 March 2025 66,287 13,582 348,030
NET BOOK VALUE
At 31 March 2025 89,008 6,279 303,942
At 31 March 2024 81,447 8,475 317,899

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 96,393
DEPRECIATION
At 1 April 2024 37,960
Charge for year 14,455
At 31 March 2025 52,415
NET BOOK VALUE
At 31 March 2025 43,978
At 31 March 2024 58,433

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2024 220,794
Disposals (222,117 )
Dividends received 1,323
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 220,794

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 110,780
NET BOOK VALUE
At 31 March 2025 110,780
At 31 March 2024 110,780

CLAN CHEMISTS LIMITED (REGISTERED NUMBER: SC036268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 217,938 212,043
Other debtors 40,061 39,540
257,999 251,583

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 33,595
Hire purchase contracts 2,305 11,018
Trade creditors 199,181 208,731
Taxation and social security 13,988 41,245
Other creditors 117,415 127,003
332,889 421,592

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts - 3,542

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 3,717

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M R B McLaren.