NEW ACCESS (EAST ANGLIA) LIMITED


Directors	O'CONNOR, Curtis Luke
	O'CONNOR, Glen George


Registered Address	Box Pharmacy 10 High Street
	Box
	Corsham
	SN13 8NN


Registered Number	07546371 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		1,178,782		1,974,615
			1,178,782		1,974,615
Current assets
Debtors	4	96,939		-
Cash at bank and on hand		1		3
		96,940		3
Creditors amounts falling due within one year	5	(477,729)		(554,803)
Net current assets (liabilities)			(380,789)		(554,800)
Total assets less current liabilities			797,993		1,419,815
Creditors amounts falling due after one year	6		(852,182)		(1,128,596)
Net assets			(54,189)		291,219
Capital and reserves
Called up share capital			10		10
Profit and loss account			(54,199)		291,209
Shareholders' funds			(54,189)		291,219

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 December 2025, and are signed on its behalf by:

O'CONNOR, Curtis Luke
Director

O'CONNOR, Glen George
Director

Registered Company No. 07546371

NEW ACCESS (EAST ANGLIA) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current 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 recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Current 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 recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 24	1,974,615	1,974,615
Disposals	(795,833)	(795,833)
At 31 March 25	1,178,782	1,178,782
Net book value
At 31 March 25	1,178,782	1,178,782
At 31 March 24	1,974,615	1,974,615

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	96,939	-
Total	96,939	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	51,513	64,741
Amounts owed to related parties	139,878	199,877
Taxation and social security	-	119
Other creditors	285,258	285,258
Accrued liabilities and deferred income	1,080	4,808
Total	477,729	554,803


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	852,182	1,128,596
Total	852,182	1,128,596

7.	Directors advances, credits and guarantees
	Included in other creditors is an amount of £285,258 (2024: £285,258 Cr) relates to the directors' loan account Mr. George G O'Connor.

8.	Related party transactions
	At the year-end, amounts owed by/to group undertakings balance include £136,878 (2024: £70,737) due to Coralberry Limited and £Nil (2024: £129,140) due to Frampton Pharmacy Limited, where Mr. Curtis L O'Connor and Mr. George G O'Connor are also directors of those companies.