Company Registration No. 06422028 (England and Wales)
Birmingham Chemists Limited
Unaudited accounts
for the year ended 31 March 2025
Birmingham Chemists Limited
Unaudited accounts
Contents
Birmingham Chemists Limited
Company Information
for the year ended 31 March 2025
Directors
S K Gupta
M F Ismail
A K Nayyar
T J Birmingham
A M Birmingham
Company Number
06422028 (England and Wales)
Registered Office
Cleethorpes Primary Care Centre
St. Hughs Avenue
Cleethorpes
North Lincolnshire
DN35 8EB
England
Accountants
Taj Javed Ltd
Chartered Certified Accountants
28 Haslingden Drive, Heaton
Bradford
West Yorkshire
BD9 5HR
Birmingham Chemists Limited
Statement of financial position
as at 31 March 2025
Called up share capital not paid
(100)
(100)
Intangible assets
129,167
179,167
Tangible assets
87,357
111,193
Inventories
104,857
114,492
Cash at bank and in hand
183,848
199,011
Creditors: amounts falling due within one year
(268,420)
(296,776)
Net current assets
327,919
288,714
Total assets less current liabilities
544,343
578,974
Provisions for liabilities
Deferred tax
(15,786)
(20,137)
Net assets
528,557
558,837
Profit and loss account
528,557
558,837
Shareholders' funds
528,557
558,837
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.
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 of Directors and authorised for issue on 9 November 2025 and were signed on its behalf by
S K Gupta
Director
Company Registration No. 06422028
Birmingham Chemists Limited
Notes to the Accounts
for the year ended 31 March 2025
Birmingham Chemists Limited is a private company, limited by shares, registered in England and Wales, registration number 06422028. The registered office is Cleethorpes Primary Care Centre, St. Hughs Avenue, Cleethorpes, North Lincolnshire, DN35 8EB, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being amortised evenly over its estimated useful life of twenty years.
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:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
20% Reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price after making due allowance for obsolete and slow moving items.
Birmingham Chemists Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Total
At 31 March 2025
1,000,000
Charge for the year
50,000
5
Tangible fixed assets
Total
Charge for the year
22,609
6
Average number of employees
During the year the average number of employees was 26 (2024: 28).