REGISTERED NUMBER: 03698954 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

A & M Pharmacies Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Kishore Sharma

Mr Tushar Mahendrakumar Patel

Mrs Aartiben Patel

REGISTERED OFFICE:

126 Sutherland Avenue

Coventry

West Midlands

CV5 7NJ

REGISTERED NUMBER:

03698954 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

105,504

105,072

CURRENT ASSETS

Inventories

5

144,624

209,233

Debtors

6

369,383

339,487

Cash at bank and in hand

528,526

371,073

1,042,533

919,793

CREDITORS

Amounts falling due within one year

7

491,347

431,923

NET CURRENT ASSETS

551,186

487,870

TOTAL ASSETS LESS CURRENT LIABILITIES

656,690

592,942

PROVISIONS FOR LIABILITIES

12,382

10,856

NET ASSETS

644,308

582,086

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

644,208

581,986

SHAREHOLDERS' FUNDS

644,308

582,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

Mr Tushar Mahendrakumar Patel - Director

1.	STATUTORY INFORMATION

A & M Pharmacies 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 38 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 November 2024

318,688

58,355

460,662

Additions

-

19,600

-

At 31 October 2025

318,688

77,955

460,662

DEPRECIATION

At 1 November 2024

284,484

47,260

427,635

Charge for year

5,131

4,604

4,954

At 31 October 2025

289,615

51,864

432,589

NET BOOK VALUE

At 31 October 2025

29,073

26,091

28,073

At 31 October 2024

34,204

11,095

33,027

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

15,130

87,047

939,882

Additions

-

-

19,600

At 31 October 2025

15,130

87,047

959,482

DEPRECIATION

At 1 November 2024

10,451

64,980

834,810

Charge for year

1,169

3,310

19,168

At 31 October 2025

11,620

68,290

853,978

NET BOOK VALUE

At 31 October 2025

3,510

18,757

105,504

At 31 October 2024

4,679

22,067

105,072

5.	INVENTORIES

31.10.25

31.10.24

£

£

Stocks

144,624

209,233

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

279,666

215,996

Other debtors

89,717

123,491

369,383

339,487

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

440,611

386,582

Taxation and social security

48,788

20,467

Other creditors

1,948

24,874

491,347

431,923

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 November 2024

581,986

Profit for the year

112,222

Dividends

(50,000

)

At 31 October 2025

644,208

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

Mr Ashwin Lalji Hindocha

Balance outstanding at start of year

-

130,000

Amounts repaid

-

(130,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-