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Company Registration No. 11367080 (England and Wales)
ILA POTHECARY LIMITED Unaudited accounts for the year ended 31 December 2024
ILA POTHECARY LIMITED Unaudited accounts Contents
Page
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ILA POTHECARY LIMITED Company Information for the year ended 31 December 2024
Director
Efstratios CHATZIGIANNIS
Company Number
11367080 (England and Wales)
Registered Office
99 Kensington Church Street London W8 7LN
Accountants
STERLING YOUNG LIMITED Suite 50,238 Merton High Street Wimbledon London SW19 1AU
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ILA POTHECARY LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
92,193 
89,207 
Tangible assets
4,909 
2,099 
97,102 
91,306 
Current assets
Inventories
374,007 
287,573 
Debtors
70,753 
197,373 
Cash at bank and in hand
114,393 
263,672 
559,153 
748,618 
Creditors: amounts falling due within one year
(239,454)
(288,620)
Net current assets
319,699 
459,998 
Total assets less current liabilities
416,801 
551,304 
Creditors: amounts falling due after more than one year
(227,255)
(186,734)
Net assets
189,546 
364,570 
Capital and reserves
Called up share capital
404 
404 
Share premium
1,113,719 
1,113,719 
Profit and loss account
(924,577)
(749,553)
Shareholders' funds
189,546 
364,570 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 15 August 2025 and were signed on its behalf by
Efstratios CHATZIGIANNIS Director Company Registration No. 11367080
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ILA POTHECARY LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ILA POTHECARY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11367080. The registered office is 99 Kensington Church Street, London, W8 7LN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
178,375 
Additions
20,823 
At 31 December 2024
199,198 
Amortisation
At 1 January 2024
89,168 
Charge for the year
17,837 
At 31 December 2024
107,005 
Net book value
At 31 December 2024
92,193 
At 31 December 2023
89,207 
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ILA POTHECARY LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
14,302 
Additions
4,137 
At 31 December 2024
18,439 
Depreciation
At 1 January 2024
12,203 
Charge for the year
1,327 
At 31 December 2024
13,530 
Net book value
At 31 December 2024
4,909 
At 31 December 2023
2,099 
6
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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