IRIS Accounts Production v25.4.0.155 02765275 Board of Directors Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh027652752024-03-31027652752025-03-31027652752024-04-012025-03-31027652752023-03-31027652752023-04-012024-03-31027652752024-03-3102765275ns15:EnglandWales2024-04-012025-03-3102765275ns14:PoundSterling2024-04-012025-03-3102765275ns10:Director12024-04-012025-03-3102765275ns10:Director22024-04-012025-03-3102765275ns10:Director32024-04-012025-03-3102765275ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3102765275ns10:SmallEntities2024-04-012025-03-3102765275ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3102765275ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3102765275ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3102765275ns10:FullAccounts2024-04-012025-03-310276527512024-04-012025-03-3102765275ns10:CompanySecretary12024-04-012025-03-3102765275ns10:RegisteredOffice2024-04-012025-03-3102765275ns5:CurrentFinancialInstruments2025-03-3102765275ns5:CurrentFinancialInstruments2024-03-3102765275ns5:Non-currentFinancialInstruments2025-03-3102765275ns5:Non-currentFinancialInstruments2024-03-3102765275ns5:ShareCapital2025-03-3102765275ns5:ShareCapital2024-03-3102765275ns5:RetainedEarningsAccumulatedLosses2025-03-3102765275ns5:RetainedEarningsAccumulatedLosses2024-03-3102765275ns5:LandBuildings2024-04-012025-03-3102765275ns5:PlantMachinery2024-04-012025-03-3102765275ns5:IntangibleAssetsOtherThanGoodwill2024-03-3102765275ns5:IntangibleAssetsOtherThanGoodwill2025-03-3102765275ns5:IntangibleAssetsOtherThanGoodwill2024-03-3102765275ns5:LandBuildings2024-03-3102765275ns5:PlantMachinery2024-03-3102765275ns5:LandBuildings2025-03-3102765275ns5:PlantMachinery2025-03-3102765275ns5:LandBuildings2024-03-3102765275ns5:PlantMachinery2024-03-3102765275ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3102765275ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 02765275 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Grosvenor Aptec Limited

Grosvenor Aptec Limited (Registered number: 02765275)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Grosvenor Aptec Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: P Nicholls
N Nicholls
SJ Nicholls





SECRETARY: N Nicholls





REGISTERED OFFICE: 3 Grove Road
Wrexham
LL11 1DY





REGISTERED NUMBER: 02765275 (England and Wales)





ACCOUNTANTS: Guy Walmsley Limited
3 Grove Road
Wrexham
LL11 1DY

Grosvenor Aptec Limited (Registered number: 02765275)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 156,457 181,225
156,457 181,225

CURRENT ASSETS
Stocks 215,648 208,313
Debtors 6 155,934 95,778
Prepayments and accrued income 19,052 38,066
Cash at bank 1,880 -
392,514 342,157
CREDITORS
Amounts falling due within one year 7 535,717 575,169
NET CURRENT LIABILITIES (143,203 ) (233,012 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,254

(51,787

)

CREDITORS
Amounts falling due after more than one
year

8

31,348

65,745
NET LIABILITIES (18,094 ) (117,532 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (18,096 ) (117,534 )
SHAREHOLDERS' FUNDS (18,094 ) (117,532 )

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.

Grosvenor Aptec Limited (Registered number: 02765275)

Statement of Financial Position - continued
31 March 2025


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 30 December 2025 and were signed on its behalf by:




P Nicholls - Director N Nicholls - Director




SJ Nicholls - Director


Grosvenor Aptec Limited (Registered number: 02765275)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Grosvenor Aptec 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
Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 22 ) .

Grosvenor Aptec Limited (Registered number: 02765275)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 140,225
AMORTISATION
At 1 April 2024
and 31 March 2025 140,225
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 17,000 445,254 462,254
Additions - 4,070 4,070
At 31 March 2025 17,000 449,324 466,324
DEPRECIATION
At 1 April 2024 17,000 264,029 281,029
Charge for year - 28,838 28,838
At 31 March 2025 17,000 292,867 309,867
NET BOOK VALUE
At 31 March 2025 - 156,457 156,457
At 31 March 2024 - 181,225 181,225

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 114,739 80,933
Other debtors 41,195 14,845
155,934 95,778

Grosvenor Aptec Limited (Registered number: 02765275)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 65,965 54,071
Hire purchase contracts 15,704 17,763
Trade creditors 267,253 309,590
Taxation and social security 177,945 165,824
Other creditors 8,850 27,921
535,717 575,169

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 18,692
Hire purchase contracts 31,348 47,053
31,348 65,745