Company Registration No. 04712999 (England and Wales)
County Pharmacy (Leicester) Limited
Unaudited accounts
for the year ended 31 March 2025
County Pharmacy (Leicester) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,819
3,318
Cash at bank and in hand
1,055,892
1,047,476
Creditors: amounts falling due within one year
(114,133)
(205,749)
Net current assets
1,571,059
1,580,642
Total assets less current liabilities
1,573,878
1,583,960
Creditors: amounts falling due after more than one year
-
(42,014)
Provisions for liabilities
Net assets
1,573,173
1,541,116
Called up share capital
100
100
Profit and loss account
1,573,073
1,541,016
Shareholders' funds
1,573,173
1,541,116
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 director acknowledges his 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 and authorised for issue on 22 December 2025 and were signed on its behalf by
Divyesh Kumar Shah
Director
Company Registration No. 04712999
County Pharmacy (Leicester) Limited
Notes to the Accounts
for the year ended 31 March 2025
County Pharmacy (Leicester) Limited is a private company, limited by shares, registered in England and Wales, registration number 04712999. The registered office is 122 Charles Street, Leicester, LE1 1LB, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
County Pharmacy (Leicester) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
61,148
70,061
Other debtors
510,812
614,904
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
7,986
Trade creditors
98,618
116,979
Taxes and social security
10,005
21,011
Other creditors
5,510
59,773
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
County Pharmacy (Leicester) Limited
Notes to the Accounts
for the year ended 31 March 2025
9
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
-
12,000
10
Average number of employees
During the year the average number of employees was 9 (2024: 9).