CORALBERRY LIMITED


Directors	O'CONNOR, Curtis Luke
	O'CONNOR, Glen George


Company Secretary	O'CONNOR, Curtis Luke


Registered Address	Box Pharmacy High Street
	Box
	Corsham
	SN13 8NN


Registered Number	04683350 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		102,464		111,392
			102,464		111,392
Current assets
Stocks	4	23,829		28,494
Debtors	5	249,862		189,243
Cash at bank and on hand		1,122		673
		274,813		218,410
Creditors amounts falling due within one year	6	(246,032)		(200,550)
Net current assets (liabilities)			28,781		17,860
Total assets less current liabilities			131,245		129,252
Creditors amounts falling due after one year	7		(19,538)		(20,000)
Net assets			111,707		109,252
Capital and reserves
Called up share capital			100		100
Profit and loss account			111,607		109,152
Shareholders' funds			111,707		109,252

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 19 November 2025, and are signed on its behalf by:

O'CONNOR, Curtis Luke
Director

O'CONNOR, Glen George
Director

Registered Company No. 04683350

CORALBERRY LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Freehold property - 20 years SL or 5% SL

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	7		11

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	198,589	37,956	888	237,433
At 31 March 25	198,589	37,956	888	237,433
Depreciation and impairment
At 01 April 24	87,197	37,956	888	126,041
Charge for year	8,928	-	-	8,928
At 31 March 25	96,125	37,956	888	134,969
Net book value
At 31 March 25	102,464	-	-	102,464
At 31 March 24	111,392	-	-	111,392

4.	Stocks

	2025	2024
	£	£
Other stocks	23,829	28,494
Total	23,829	28,494

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	74,108	76,906
Amounts owed by group undertakings	139,878	70,737
Other debtors	35,876	41,600
Total	249,862	189,243


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	102,493	94,719
Bank borrowings and overdrafts	39,826	15,305
Amounts owed to related parties	-	41,897
Taxation and social security	8,693	4,896
Other creditors	92,750	43,733
Accrued liabilities and deferred income	2,270	-
Total	246,032	200,550


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	19,538	20,000
Total	19,538	20,000

8.	Directors advances, credits and guarantees
	Included in other creditors is an amount of £84,574 (2024: £14,991) relates to the directors' loan account Mr. Curtis O'Connor.

9.	Related party transactions
	At the year-end, amounts owed by/to group undertakings balance include £139,878 Dr (2024: £70,737) due from New Access (East Anglia) Ltd and £ Nil (2024: £41,897) due to Frampton Pharmacy Ltd, where Mr. Curtis O'Connor and Mr. George G O'Connor are also the directors of those companies.