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Company Registration No. 12182298 (England and Wales)
VSM PHARMACY LIMITED Unaudited accounts for the year ended 31 March 2025
VSM PHARMACY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VSM PHARMACY LIMITED Company Information for the year ended 31 March 2025
Directors
Jirina Thielens Thierry Thielens
Secretary
Thierry Thielens
Company Number
12182298 (England and Wales)
Registered Office
VSM PHARMACY 124 FRIMLEY ROAD CAMBERLEY SURREY GU15 2QN UNITED KINGDOM
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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VSM PHARMACY LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
329,000
394,800
Tangible assets
5
5,053
19,947
334,053
414,747
Current assets
Inventories
49,968
46,154
Debtors
6
90,957
101,462
Cash at bank and in hand
49,887
87,438
190,812
235,054
Creditors: amounts falling due within one year
7
(367,382)
(164,409)
Net current (liabilities)/assets
(176,570)
70,645
Total assets less current liabilities
157,483
485,392
Creditors: amounts falling due after more than one year
8
(145,607)
(522,149)
Net assets/(liabilities)
11,876
(36,757)
Capital and reserves
Called up share capital
2
2
Profit and loss account
11,874
(36,759)
Shareholders' funds
11,876
(36,757)
For the year ending 31 March 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 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 of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Thierry Thielens Director Company Registration No. 12182298
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VSM PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
VSM PHARMACY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12182298. The registered office is VSM PHARMACY, 124 FRIMLEY ROAD, CAMBERLEY, SURREY, GU15 2QN, UNITED KINGDOM.
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%
Computer equipment
33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
658,000
At 31 March 2025
658,000
Amortisation
At 1 April 2024
263,200
Charge for the year
65,800
At 31 March 2025
329,000
Net book value
At 31 March 2025
329,000
At 31 March 2024
394,800
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VSM PHARMACY LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
91,450
35,513
126,963
Additions
5,152
-
5,152
At 31 March 2025
96,602
35,513
132,115
Depreciation
At 1 April 2024
73,160
33,856
107,016
Charge for the year
18,633
1,413
20,046
At 31 March 2025
91,793
35,269
127,062
Net book value
At 31 March 2025
4,809
244
5,053
At 31 March 2024
18,290
1,657
19,947
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
10,608
10,974
Trade debtors
67,136
78,266
Accrued income and prepayments
8,463
7,472
Other debtors
4,750
4,750
90,957
101,462
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
105,287
130,564
Taxes and social security
56,094
30,716
Other creditors
202,192
1,451
Loans from directors
2,384
678
Accruals
1,425
1,000
367,382
164,409
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
145,607
522,149
9
Transactions with related parties
During the year and at the end of the year loan taken from Directors of the company is at £186,200 (2024 : £354,700).
10
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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