REGISTERED NUMBER: 01978837 (England and Wales)

Keltone Limited

Financial Statements For The Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs S K Hanspaul

S Salas Cintora

REGISTERED OFFICE:

2 Seedfield Close

Northampton

NN3 3PA

REGISTERED NUMBER:

01978837 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

27,159

44,002

27,159

44,002

CURRENT ASSETS

Stocks

69,404

61,513

Debtors

6

149,081

118,598

Cash at bank and in hand

260,944

293,108

479,429

473,219

CREDITORS

Amounts falling due within one year

7

161,849

151,649

NET CURRENT ASSETS

317,580

321,570

TOTAL ASSETS LESS CURRENT LIABILITIES

344,739

365,572

PROVISIONS FOR LIABILITIES

7,600

10,900

NET ASSETS

337,139

354,672

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

336,139

353,672

337,139

354,672

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 1st December 2025 and were signed on its behalf by:

Mrs S K Hanspaul - Director

1.	STATUTORY INFORMATION

Keltone 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

The turnover of the company comprises sums receivable for the sale of pharmaceutical products . This includes receipts from the NHS and from private individuals for prescriptions of medicines and beauty and cosmetics products .

Goodwill

The goodwill of the pharmacy was acquired on 30.06.1986. It was amortised over 25 years at 4% per annum straight line until it was fully amortised by 30.06.2011.

Tangible fixed assets

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

Motor vehicles and fixtures & fittings are depreciated over 3 years straight line. Plant and equipment is depreciated over 5 years straight line from commissioning date.

Stocks

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

Financial instruments

The company's financial statements only include stock , debtors and creditors all of which are current items due to be converted into or,to be paid off by, bank balance monetary resources within a year of the reporting date . They are all recorded at transaction value of historical cost for stock and creditors or sales invoice value for debtors .The income of the company is via the NHS or counter sales , mainly by credit card, which are not subject to impairment. The transactions are all in UK sterling and there are no foreign currency conversion differences.The tangible fixed assets are included at transactional price .

The company's financial instruments are all considered to be of a basic nature.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

34,000

AMORTISATION

At 1st April 2024

and 31st March 2025

34,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

The goodwill was acquired on 30th June 1986 and was amortised over 25 years at 4% per annum straight line until it was fully amortised by 30th June 2011.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

121,781

Additions

2,400

At 31st March 2025

124,181

DEPRECIATION

At 1st April 2024

77,779

Charge for year

19,243

At 31st March 2025

97,022

NET BOOK VALUE

At 31st March 2025

27,159

At 31st March 2024

44,002

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

111,018

91,830

Amounts owed by group undertakings

6,000

6,000

VAT

25,805

16,308

Prepayments and accrued income

6,258

4,460

149,081

118,598

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

107,703

74,485

Tax

31,972

24,831

Social security and other taxes

4,938

3,947

Other creditors

3,853

2,817

Accrued expenses

13,383

45,569

161,849

151,649

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Sparks FCA FCCA (Senior Statutory Auditor)

for and on behalf of Cheney & Co

9.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2025 or 31st March 2024.

10.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2025 or 31st March 2024.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Adara Group Limited.

The ultimate controlling party is Mrs S K Hanspaul.

The company's parent undertaking is Adara Group Limited, incorporated in England and Wales. The registered office address of Adara Group Limited is 2 Seedfield Close, Northampton, NN3 3PA. Group Consolidated Financial Statements are available upon request from Companies House, Crown Way, Cardiff, CF14 3UZ. The ultimate controlling party is Mrs. S. K. Hanspaul, a director of Adara Group Limited.