REGISTERED NUMBER: 05071202 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

R J Lad Chemists Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Rajnikant Lad

Mrs Indira Lad

Mr Hiten Lad

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

05071202 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

19,822

13,775

CURRENT ASSETS

Inventories

85,175

58,365

Debtors

5

172,510

167,717

Cash at bank and in hand

526,657

300,574

784,342

526,656

CREDITORS

Amounts falling due within one year

6

445,006

241,087

NET CURRENT ASSETS

339,336

285,569

TOTAL ASSETS LESS CURRENT LIABILITIES

359,158

299,344

PROVISIONS FOR LIABILITIES

4,924

4,924

NET ASSETS

354,234

294,420

CAPITAL AND RESERVES

Called up share capital

7

4

4

Retained earnings

354,230

294,416

SHAREHOLDERS' FUNDS

354,234

294,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2025 and were signed on its behalf by:

Mr Rajnikant Lad - Director

1.	STATUTORY INFORMATION

R J Lad Chemists Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 7 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

85,164

Additions

11,002

At 31 March 2025

96,166

DEPRECIATION

At 1 April 2024

71,389

Charge for year

4,955

At 31 March 2025

76,344

NET BOOK VALUE

At 31 March 2025

19,822

At 31 March 2024

13,775

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

134,610

128,712

Other debtors

37,900

39,005

172,510

167,717

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

226,676

204,681

Taxation and social security

32,449

30,289

Other creditors

185,881

6,117

445,006

241,087

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

A Ordinary

£1

2

2

1

B Ordinary

£1

1

1

1

C Ordinary

£1

1

1

4

4

8.	RELATED PARTY DISCLOSURES

During the year, the company paid Rent of £24,000 (2024 : £12,000) in respect of "201 Birch Lane, Dukinfield, Cheshire, SK16 5AT" being the business property owned by the Directors.