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Company Registration No. 07920056 (England and Wales)
SPHN&M LIMITED Unaudited accounts for the year ended 31 March 2025
SPHN&M LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SPHN&M LIMITED Company Information for the year ended 31 March 2025
Directors
Niravkumar Ramanlal Patel Amil Natvarlal Vrajlal Mehta
Company Number
07920056 (England and Wales)
Registered Office
12 Seddon Road Wigston Leicestershire LE18 3UL England
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
- 3 -
SPHN&M LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,475,000 
1,475,000 
Tangible assets
5
31,952 
32,239 
1,506,952 
1,507,239 
Current assets
Inventories
55,245 
54,250 
Debtors
6
451,083 
239,832 
Cash at bank and in hand
80,548 
226,918 
586,876 
521,000 
Creditors: amounts falling due within one year
7
(277,890)
(293,656)
Net current assets
308,986 
227,344 
Total assets less current liabilities
1,815,938 
1,734,583 
Provisions for liabilities
Deferred tax
(1,822)
(1,825)
Net assets
1,814,116 
1,732,758 
Capital and reserves
Called up share capital
105 
105 
Revaluation reserve
1,459,944 
1,459,944 
Profit and loss account
354,067 
272,709 
Shareholders' funds
1,814,116 
1,732,758 
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 20 December 2025 and were signed on its behalf by
Niravkumar Ramanlal Patel Director Company Registration No. 07920056
- 4 -
SPHN&M LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
SPHN&M LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07920056. The registered office is 12 Seddon Road, Wigston, Leicestershire, LE18 3UL, 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.
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
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
1,475,000 
At 31 March 2025
1,475,000 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
1,475,000 
At 31 March 2024
1,475,000 
- 5 -
SPHN&M LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
24,944 
29,812 
54,756 
Additions
- 
999 
999 
At 31 March 2025
24,944 
30,811 
55,755 
Depreciation
At 1 April 2024
- 
22,517 
22,517 
Charge for the year
- 
1,286 
1,286 
At 31 March 2025
- 
23,803 
23,803 
Net book value
At 31 March 2025
24,944 
7,008 
31,952 
At 31 March 2024
24,944 
7,295 
32,239 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
30,452 
57,582 
Trade debtors
209,254 
147,868 
Amounts due from group undertakings etc.
207,590 
32,516 
Accrued income and prepayments
2,779 
1,574 
Other debtors
1,008 
292 
451,083 
239,832 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
230,679 
250,303 
Taxes and social security
46,603 
41,562 
Loans from directors
339 
337 
Accruals
269 
1,454 
277,890 
293,656 
8
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
18,000 
18,000 
Later than one year and not later than five years
72,000 
72,000 
Later than five years
144,000 
162,000 
234,000 
252,000 
- 6 -
SPHN&M LIMITED Notes to the Accounts for the year ended 31 March 2025
9
Guarantees provided on behalf of directors
1. Persons entitled : Barclays Security Trustee Limited Brief description : Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 2. Persons entitled : Barclays Security Trustee Limited Brief description : The leasehold property known as 15 st. Peters hill grantham lincolnshire. Contains negative pledge.
10
Transactions with related parties
During the year the company paid Management fees of £72,692 (2024: £82,145) to the parent company A&N Pharma Limited. The company owed £207,590 (2024 :£32,516) from the parent company A&N Pharma Limited as at 31 March 2025.
11
Controlling party
The company is a wholly owned subsidiary of A&N Pharma Limited, which is the ultimate controlling party.
12
Average number of employees
During the year the average number of employees was 12 (2024: 12).
- 7 -