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Registered number: 6692858
GOOD LIFE PHARMACY LIMITED
Unaudited Financial Statements
For the Period 1 October 2024 to 31 March 2026
QUALITY BUSINESS SERVICES (YORKSHIRE) LIMITED
Association of Accounting Technicians
20 HIGH STREET
QUEENSBURY
BRADFORD
WEST YORKSHIRE
BD13 2PA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 6692858
31 March 2026 30 September 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 5,461 27,858
5,462 27,859
CURRENT ASSETS
Stocks 6 34,451 67,060
Debtors 7 141,035 104,984
Cash at bank and in hand 164,958 1,746,049
340,444 1,918,093
Creditors: Amounts Falling Due Within One Year 8 (214,526 ) (195,169 )
NET CURRENT ASSETS (LIABILITIES) 125,918 1,722,924
TOTAL ASSETS LESS CURRENT LIABILITIES 131,380 1,750,783
Creditors: Amounts Falling Due After More Than One Year 9 - (178,424 )
NET ASSETS 131,380 1,572,359
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 131,180 1,572,159
SHAREHOLDERS' FUNDS 131,380 1,572,359
Page 1
Page 2
For the period ending 31 March 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr ASHIS TANDUKAR
Director
Mr FARAZ SYED
Director
22 June 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Good Life Pharmacy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6692858 . The registered office is 60-62 Station Road, Hatton, Derbyshire, DE65 5EL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
...CONTINUED
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2.6. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 March 2026 30 September 2024
Office and administration 1 1
Sales, marketing and distribution 10 10
11 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 245,718
As at 31 March 2026 245,718
Amortisation
As at 1 October 2024 245,717
As at 31 March 2026 245,717
...CONTINUED
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Page 5
Net Book Value
As at 31 March 2026 1
As at 1 October 2024 1
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2024 64,520 26,090 90,610
Additions 36,172 4,068 40,240
Disposals (100,692 ) - (100,692 )
As at 31 March 2026 - 30,158 30,158
Depreciation
As at 1 October 2024 41,331 21,421 62,752
Provided during the period 6,877 3,276 10,153
Disposals (48,208 ) - (48,208 )
As at 31 March 2026 - 24,697 24,697
Net Book Value
As at 31 March 2026 - 5,461 5,461
As at 1 October 2024 23,189 4,669 27,858
6. Stocks
31 March 2026 30 September 2024
£ £
Stock 34,451 67,060
7. Debtors
31 March 2026 30 September 2024
£ £
Due within one year
Trade debtors 116,792 84,527
Prepayments and accrued income 3,596 5,758
Value added tax 20,647 14,699
141,035 104,984
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
31 March 2026 30 September 2024
£ £
Trade creditors 81,890 129,691
Corporation tax 127,139 63,349
Other taxes and social security 2,619 614
Accruals and deferred income 2,878 1,515
214,526 195,169
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2026 30 September 2024
£ £
Directors loan account - 178,424
10. Share Capital
31 March 2026 30 September 2024
£ £
Allotted, Called up and fully paid 200 200
11. Dividends
31 March 2026 30 September 2024
£ £
On equity shares:
Interim dividend paid 100,000 50,000
12. Ultimate Controlling Party
The company's ultimate controlling parties are Mr Ashis Tandukar and Mr Faraz Syed by virtue of their ownership of 100% of the issued share capital in the holding company.
Page 6