Chadwick & Hadfield Limited iXBRL

Chadwick & Hadfield Limited

Abridged Financial Statements

for the financial year ended 31 July 2025

Chadwick & Hadfield Limited

Company Registration Number: 00517701

ABRIDGED BALANCE SHEET

as at 31 July 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

1,000

1,000

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Net Current Assets

1,000

1,000

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Total Assets less Current Liabilities

1,000

1,000

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Capital and Reserves

Called up share capital

600

600

Other reserves

400

400

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Equity attributable to owners of the company

1,000

1,000

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The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

Approved by the Director and authorised for issue on 13 November 2025



________________________________
Mr. Paul McKeever
Director

Chadwick & Hadfield Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 July 2025

General Information

Chadwick & Hadfield Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 00517701. The registered office of the company is 10 Fitzroy Square, London, W1T 5HP. The principal activity of the company is that of retail pharmacy. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Going concern

We have continued to prepare the accounts on a going concern basis and deem this appropriate. We do not consider that a material uncertainty about our going concern status currently exists. In making this assessment we have considered the likely trading conditions for a period of 12 months from the date of the approval of these financial statements.

INFORMATION RELATING TO THE AUDITOR'S REPORT

The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.

The financial statements were audited by Muldoon & Co Chartered Accountants & Registered Au.

The Auditor's Report was signed by Mr. Robert Barr (Senior Statutory Auditor) for and on behalf of Muldoon & Co Chartered Accountants & Registered Au on 13th November 2025.


5.	Employees

		2025	2024
		Number	Number

	Employees	1	1
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 July 2025.

Parent company

The company regards P.A. McKeever Limited as its parent company. On 3rd December 2019 the company was purchased by PA McKeever Ltd. PA McKeever Ltd is considered to be the parent entirely by virtue of its shareholding in Chadwick & Hadfield Ltd. 16 Mount Charles, Belfast is the registered office of PA Mckeever Ltd.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.