BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Pharmacy 18 July 2025 9 9 10080150 2025-03-31 10080150 2024-03-31 10080150 2023-03-31 10080150 2024-04-01 2025-03-31 10080150 2023-04-01 2024-03-31 10080150 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10080150 uk-curr:PoundSterling 2024-04-01 2025-03-31 10080150 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10080150 uk-bus:FullAccounts 2024-04-01 2025-03-31 10080150 uk-bus:Director1 2024-04-01 2025-03-31 10080150 uk-bus:CompanySecretary1 2024-04-01 2025-03-31 10080150 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 10080150 uk-bus:Agent1 2024-04-01 2025-03-31 10080150 uk-core:ShareCapital 2025-03-31 10080150 uk-core:ShareCapital 2024-03-31 10080150 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 10080150 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 10080150 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 10080150 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 10080150 uk-bus:FRS102 2024-04-01 2025-03-31 10080150 uk-core:Goodwill 2024-04-01 2025-03-31 10080150 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 10080150 uk-core:Goodwill 2024-03-31 10080150 uk-core:Goodwill 2025-03-31 10080150 uk-core:CurrentFinancialInstruments 2025-03-31 10080150 uk-core:CurrentFinancialInstruments 2024-03-31 10080150 uk-core:WithinOneYear 2025-03-31 10080150 uk-core:WithinOneYear 2024-03-31 10080150 uk-core:EmployeeBenefits 2024-03-31 10080150 uk-core:EmployeeBenefits 2024-04-01 2025-03-31 10080150 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 10080150 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-03-31 10080150 uk-core:OtherDeferredTax 2025-03-31 10080150 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-03-31 10080150 uk-core:EmployeeBenefits 2025-03-31 10080150 2024-04-01 2025-03-31 10080150 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 10080150
 
 
MKA 786 Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2025
MKA 786 Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Kashif Ali
 
 
Company Secretary Aqsa Mujahid
 
 
Company Registration Number 10080150
 
 
Registered Office and Business Address 160 Trent Road
Shaw
Oldham
Greater Manchester
OL2 7QR
 
 
Accountants Langers MN Limited
Chartered Certified Accountants
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY



MKA 786 Ltd
Company Registration Number: 10080150
BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Intangible assets 4 33,000 66,000
Tangible assets 5 10,193 12,874
───────── ─────────
Fixed Assets 43,193 78,874
───────── ─────────
 
Current Assets
Stocks 6 21,000 21,000
Debtors 7 84,141 71,062
Cash and cash equivalents 532,704 502,211
───────── ─────────
637,845 594,273
───────── ─────────
Creditors: amounts falling due within one year 8 (139,393) (133,259)
───────── ─────────
Net Current Assets 498,452 461,014
───────── ─────────
Total Assets less Current Liabilities 541,645 539,888
 
Provisions for liabilities 10 (2,548) (3,218)
───────── ─────────
Net Assets 539,097 536,670
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Statement of income and retained earnings 538,997 536,570
───────── ─────────
Equity attributable to owners of the company 539,097 536,670
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Director's Report.
           
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 17 July 2025
           
           
________________________________          
Kashif Ali          
Director          
           



MKA 786 Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
MKA 786 Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 10080150. The registered office of the company is 160 Trent Road, Shaw, Oldham, Greater Manchester, OL2 7QR which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Pensions
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Annual contributions payable to the company's pension scheme are charged to the Statement of Income and Retained Earnings in the period to which they relate.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 9, (2024 - 9).
 
  2025 2024
  Number Number
 
Pharmacy Staff 9 9
  ═════════ ═════════
     
4. Intangible assets
   
  Goodwill
  £
Cost
At 1 April 2024 330,000
  ─────────
 
At 31 March 2025 330,000
  ─────────
Amortisation
At 1 April 2024 264,000
Charge for financial year 33,000
  ─────────
At 31 March 2025 297,000
  ─────────
Net book value
At 31 March 2025 33,000
  ═════════
At 31 March 2024 66,000
  ═════════
       
5. Tangible assets
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 April 2024 48,302 48,302
Additions 716 716
  ───────── ─────────
At 31 March 2025 49,018 49,018
  ───────── ─────────
Depreciation
At 1 April 2024 35,428 35,428
Charge for the financial year 3,397 3,397
  ───────── ─────────
At 31 March 2025 38,825 38,825
  ───────── ─────────
Net book value
At 31 March 2025 10,193 10,193
  ═════════ ═════════
At 31 March 2024 12,874 12,874
  ═════════ ═════════
       
6. Stocks 2025 2024
  £ £
 
Finished goods and goods for resale 21,000 21,000
  ═════════ ═════════
       
7. Debtors 2025 2024
  £ £
 
Trade debtors 70,704 60,652
Taxation  (Note 9) 9,431 8,844
Prepayments and accrued income 4,006 1,566
  ───────── ─────────
  84,141 71,062
  ═════════ ═════════
       
8. Creditors 2025 2024
Amounts falling due within one year £ £
 
Trade creditors 101,863 98,140
Taxation  (Note 9) 20,407 26,217
Director's current account 21 7,443
Other creditors 15,400 -
Accruals:
Pension accrual 27 -
Other accruals 1,675 1,459
  ───────── ─────────
  139,393 133,259
  ═════════ ═════════
       
9. Taxation 2025 2024
  £ £
 
Debtors:
VAT 9,024 8,437
Corporation tax 407 407
  ───────── ─────────
  9,431 8,844
  ═════════ ═════════
Creditors:
Corporation tax 13,731 26,217
PAYE / NI 6,676 -
  ───────── ─────────
  20,407 26,217
  ═════════ ═════════
         
10. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2025 2024
  £ £ £
 
At financial year start 3,218 3,218 3,101
Charged to profit and loss - - 117
Released during the financial year (670) (670) -
  ───────── ───────── ─────────
At financial year end 2,548 2,548 3,218
  ═════════ ═════════ ═════════
   
11. Pension costs - defined contribution
 
The company operates a defined contribution pension scheme.  The assets of the scheme are held separately from those of the company in an independently administered fund.  Pension costs amounted to £23 (2024 - £34).
       
12. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2025.
   
13. Director's advances, credits and guarantees
 
At the year end the company owed the director £21 (2024 £7,443). No interest has been charged to the company in respect of these loans which are repayable on demand and classified in creditors due within one year.
   
14. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.