REGISTERED NUMBER: 03764502 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINRA (CHEMISTS) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Patel

Mrs L Patel

SECRETARY:

R J Patel

REGISTERED OFFICE:

297 New North Road

Islington

N1 7AA

REGISTERED NUMBER:

03764502 (England and Wales)

ACCOUNTANTS:

Chapmans

Chartered Accountants

9 Churchill Court

58 Station Road

North Harrow

HA2 7SA

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

592,270

550,050

592,271

550,051

CURRENT ASSETS

Stocks

27,750

23,820

Debtors

6

2,085,981

1,905,368

Cash at bank and in hand

472,391

412,631

2,586,122

2,341,819

CREDITORS

Amounts falling due within one year

7

255,499

239,123

NET CURRENT ASSETS

2,330,623

2,102,696

TOTAL ASSETS LESS CURRENT LIABILITIES

2,922,894

2,652,747

CREDITORS

Amounts falling due after more than one year

8

(65,125

)

(22,315

)

PROVISIONS FOR LIABILITIES

(15,796

)

(9,786

)

NET ASSETS

2,841,973

2,620,646

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,841,971

2,620,644

SHAREHOLDERS' FUNDS

2,841,973

2,620,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

R J Patel - Director

1.	STATUTORY INFORMATION

Linra (Chemists) Ltd 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.

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

240,000

AMORTISATION

At 1 April 2024

and 31 March 2025

239,999

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

528,859

240,561

769,420

Additions

-

63,355

63,355

At 31 March 2025

528,859

303,916

832,775

DEPRECIATION

At 1 April 2024

-

219,370

219,370

Charge for year

-

21,135

21,135

At 31 March 2025

-

240,505

240,505

NET BOOK VALUE

At 31 March 2025

528,859

63,411

592,270

At 31 March 2024

528,859

21,191

550,050

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

95,823

21,132

Other debtors

1,990,158

1,884,236

2,085,981

1,905,368

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

150,176

121,253

Taxation and social security

70,877

81,716

Other creditors

34,446

36,154

255,499

239,123

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

65,125

22,315

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R J Patel and Mrs L Patel

Balance outstanding at start of year

626,710

300,863

Amounts advanced

103,123

486,850

Amounts repaid

(412,380

)

(161,003

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

317,453

626,710

10.	RELATED PARTY DISCLOSURES

Other debtors balance include a loan of £1,572,453 (2024: £1,171,453) to Micha Properties Ltd, a company related by common ownership. The loan is interest free and repayable on demand.