Acorah Software Products - Accounts Production 16.4.680 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 SC087428 Gillian Tarbet Gavin Boyle Gillian Tarbet iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC087428 2024-04-30 SC087428 2025-04-30 SC087428 2024-05-01 2025-04-30 SC087428 frs-core:CurrentFinancialInstruments 2025-04-30 SC087428 frs-core:ComputerEquipment 2025-04-30 SC087428 frs-core:ComputerEquipment 2024-05-01 2025-04-30 SC087428 frs-core:ComputerEquipment 2024-04-30 SC087428 frs-core:FurnitureFittings 2025-04-30 SC087428 frs-core:FurnitureFittings 2024-05-01 2025-04-30 SC087428 frs-core:FurnitureFittings 2024-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 SC087428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 SC087428 frs-core:ShareCapital 2025-04-30 SC087428 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 SC087428 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC087428 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 SC087428 frs-bus:SmallEntities 2024-05-01 2025-04-30 SC087428 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC087428 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC087428 frs-bus:Director1 2024-05-01 2025-04-30 SC087428 frs-bus:Director2 2024-05-01 2025-04-30 SC087428 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 SC087428 frs-core:CurrentFinancialInstruments 1 2025-04-30 SC087428 frs-countries:Scotland 2024-05-01 2025-04-30 SC087428 2023-04-30 SC087428 2024-04-30 SC087428 2023-05-01 2024-04-30 SC087428 frs-core:CurrentFinancialInstruments 2024-04-30 SC087428 frs-core:ShareCapital 2024-04-30 SC087428 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC087428 frs-core:CurrentFinancialInstruments 1 2024-04-30
Registered number: SC087428
Townhead Pharmacy Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC087428
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,264 118,511
120,264 118,511
CURRENT ASSETS
Stocks 5 48,761 53,853
Debtors 6 195,110 156,430
Cash at bank and in hand 140,053 140,889
383,924 351,172
Creditors: Amounts Falling Due Within One Year 7 (496,107 ) (463,215 )
NET CURRENT ASSETS (LIABILITIES) (112,183 ) (112,043 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,081 6,468
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,612 ) -
NET ASSETS 6,469 6,468
CAPITAL AND RESERVES
Called up share capital 8 30 30
Income Statement 6,439 6,438
SHAREHOLDERS' FUNDS 6,469 6,468
Page 1
Page 2
For the year ending 30 April 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Gillian Tarbet
Director
23rd April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Townhead Pharmacy Limited is a private company, limited by shares, incorporated in Scotland, registered number SC087428 . The registered office is Phase 1 Royal Infirmary, 16 Alexandra Parade, Glasgow, G31 2ES.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2% Cost
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
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Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 116,436 48,878 12,848 178,162
Additions - - 6,911 6,911
As at 30 April 2025 116,436 48,878 19,759 185,073
Depreciation
As at 1 May 2024 2,329 48,878 8,444 59,651
Provided during the period 2,329 - 2,829 5,158
As at 30 April 2025 4,658 48,878 11,273 64,809
Net Book Value
As at 30 April 2025 111,778 - 8,486 120,264
As at 1 May 2024 114,107 - 4,404 118,511
5. Stocks
2025 2024
£ £
Stock 48,761 53,853
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 165,580 128,886
VAT 29,530 27,544
195,110 156,430
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 147,874 175,707
Other taxes and social security 2,936 3,025
Other creditors 348 665
Prepaid income 26,000 43,333
Accruals and deferred income 318,949 240,485
496,107 463,215
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 30 30
Page 4