IRIS Accounts Production v25.4.12.37 04411527 Board of Directors 1.7.24 30.6.25 30.6.25 0 0 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04411527 2024-06-30 04411527 2025-06-30 04411527 2024-07-01 2025-06-30 04411527 2023-06-30 04411527 2023-07-01 2024-06-30 04411527 2024-06-30 04411527 ns15:EnglandWales 2024-07-01 2025-06-30 04411527 ns14:PoundSterling 2024-07-01 2025-06-30 04411527 ns10:Director1 2024-07-01 2025-06-30 04411527 ns10:CompanyLimitedByGuarantee 2024-07-01 2025-06-30 04411527 ns10:SmallEntities 2024-07-01 2025-06-30 04411527 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 04411527 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 04411527 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04411527 ns10:FullAccounts 2024-07-01 2025-06-30 04411527 1 2024-07-01 2025-06-30 04411527 ns10:Director2 2024-07-01 2025-06-30 04411527 ns10:Director4 2024-07-01 2025-06-30 04411527 ns10:CompanySecretary1 2024-07-01 2025-06-30 04411527 ns10:RegisteredOffice 2024-07-01 2025-06-30 04411527 ns5:CurrentFinancialInstruments 2025-06-30 04411527 ns5:CurrentFinancialInstruments 2024-06-30 04411527 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 04411527 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 04411527 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 04411527 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 04411527 ns5:FurnitureFittings 2024-07-01 2025-06-30 04411527 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 04411527 ns5:IntangibleAssetsOtherThanGoodwill 2025-06-30 04411527 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 04411527 ns5:PlantMachinery 2024-06-30 04411527 ns5:PlantMachinery 2024-07-01 2025-06-30 04411527 ns5:PlantMachinery 2025-06-30 04411527 ns5:PlantMachinery 2024-06-30 04411527 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 04411527 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30

REGISTERED NUMBER: 04411527 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Pharmaceutical Licensing Group Limited

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Pharmaceutical Licensing Group Limited

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | Dr C Wilson

| Mr A S M Dean

| Mr D L Thomas

| SECRETARY: | Ms B Jacobs

| REGISTERED OFFICE: | Unit E, The Courtyard Business Centre

| Dovers Farm

| Lonesome Lane

| Reigate

| Surrey

| RH2 7QT

| REGISTERED NUMBER: | 04411527 (England and Wales)

| ACCOUNTANTS: | Wilson Partners Limited

| Chartered Accountants

| TOR

| Saint-Cloud Way

| Maidenhead

| Berkshire

| SL6 8BN

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Balance Sheet

30 June 2025

| 30.6.25 |  | 30.6.24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 2,721 |  | 8,699 |  |

Tangible assets | 5 | - |  | 116 |  |

2,721 |  | 8,815 |  |

CURRENT ASSETS

Debtors | 6 | 3,204 |  | 3,477 |  |

Cash at bank | 184,056 |  | 172,847 |  |

187,260 |  | 176,324 |  |

CREDITORS

Amounts falling due within one year | 7 | (15,934 | ) | (19,407 | ) |

NET CURRENT ASSETS | 171,326 |  | 156,917 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 174,047 |  | 165,732 |  |

RESERVES

Income and expenditure account | 174,047 |  | 165,732 |  |

174,047 |  | 165,732 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 surplus or deficit 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.

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Balance Sheet - continued

30 June 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 10 February 2026 and were signed on its behalf by:

Mr A S M Dean - Director

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Pharmaceutical Licensing Group Limited is a private company, limited by guarantee , 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

| The accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

| Significant judgements and estimates

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

| Turnover

| Turnover represents the value of services under contracts, provided in the year, exclusive of Value Added Tax, to the extent that there is a right to consideration and is recorded at the value of consideration due.

| Revenue in respect of consultancy services for training courses is recognised once the service has been provided and the invoice has been raised.

| 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.

| Development costs are being amortised evenly over their estimated useful life of three years.

| Tangible fixed assets

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

| Fixtures and fittings | - | 33% on cost

| Tangible fixed assets are included at cost less depreciation and impairment.

| Financial instruments

| Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and therefore at fair value, with changes recognised in profit and loss.

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 July 2024 | 26,095 |  |

| Additions | 4,080 |  |

| At 30 June 2025 | 30,175 |  |

| AMORTISATION

| At 1 July 2024 | 17,396 |  |

| Charge for year | 10,058 |  |

| At 30 June 2025 | 27,454 |  |

| NET BOOK VALUE

| At 30 June 2025 | 2,721 |  |

| At 30 June 2024 | 8,699 |  |

Pharmaceutical Licensing Group Limited (Registered number: 04411527)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 5,722 |  |

| DEPRECIATION

| At 1 July 2024 | 5,606 |  |

| Charge for year | 116 |  |

| At 30 June 2025 | 5,722 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  |

| At 30 June 2024 | 116 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.25 |  | 30.6.24

£ | £ |

| Trade debtors | 1,165 |  | 1,150 |  |

| Other debtors | 2,039 |  | 2,327 |  |

3,204 |  | 3,477 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.25 |  | 30.6.24

£ | £ |

| Trade creditors | 2,200 |  | 2,899 |  |

| Other creditors | 13,734 |  | 16,508 |  |

15,934 |  | 19,407 |  |

8. | ULTIMATE CONTROLLING PARTY

| For the current and preceding year there was no ultimate controlling party.

9. | LIMITED BY GUARANTEE

| As the company is limited by guarentee there is no issued share capital. Each of the twelve guarantor members is liable to contribute a maximum of £10 towards the costs on winding up of the company.