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Company Registration No. 08673860 (England and Wales)
GOOD HEALTH PHARMACIES LTD Unaudited accounts for the year ended 31 May 2025
GOOD HEALTH PHARMACIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GOOD HEALTH PHARMACIES LTD Company Information for the year ended 31 May 2025
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
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GOOD HEALTH PHARMACIES LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,431 
17,468 
Current assets
Inventories
50,080 
31,210 
Debtors
5
746,150 
763,120 
Cash at bank and in hand
183,064 
157,709 
979,294 
952,039 
Creditors: amounts falling due within one year
6
(192,415)
(257,427)
Net current assets
786,879 
694,612 
Total assets less current liabilities
801,310 
712,080 
Provisions for liabilities
Deferred tax
(3,608)
(4,367)
Net assets
797,702 
707,713 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
797,701 
707,712 
Shareholders' funds
797,702 
707,713 
For the year ending 31 May 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 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 7 October 2025 and were signed on its behalf by
Niket Nilesh Patel Director Company Registration No. 08673860
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GOOD HEALTH PHARMACIES LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
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.
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:
Fixtures & fittings
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2024
59,724 
Additions
746 
At 31 May 2025
60,470 
Depreciation
At 1 June 2024
42,256 
Charge for the year
3,783 
At 31 May 2025
46,039 
Net book value
At 31 May 2025
14,431 
At 31 May 2024
17,468 
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GOOD HEALTH PHARMACIES LTD Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
11,226 
10,833 
Trade debtors
128,426 
146,670 
Amounts due from group undertakings etc.
604,286 
604,286 
Accrued income and prepayments
2,212 
1,331 
746,150 
763,120 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,720 
20,745 
Trade creditors
89,354 
86,247 
Taxes and social security
31,576 
83,751 
Loans from directors
59,965 
66,084 
Accruals
800 
600 
192,415 
257,427 
7
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 May 2025 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 3 (2024: 2).
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