REGISTERED NUMBER: 11151120 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

REXALL CHEMIST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Baden

R Baden

B Dhillon

REGISTERED OFFICE:

204 Penn Road

Wolverhampton

WV4 4AA

REGISTERED NUMBER:

11151120 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

18,719

16,291

CURRENT ASSETS

Stocks

31,837

31,458

Debtors

5

363,960

346,692

Cash at bank and in hand

332,913

320,973

728,710

699,123

CREDITORS

Amounts falling due within one year

6

352,091

373,225

NET CURRENT ASSETS

376,619

325,898

TOTAL ASSETS LESS CURRENT LIABILITIES

395,338

342,189

CREDITORS

Amounts falling due after more than one year

7

-

10,833

NET ASSETS

395,338

331,356

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

115,165

115,165

Retained earnings

279,973

215,991

395,338

331,356

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 27 July 2026 and were signed on its behalf by:

R Baden - Director

1.	STATUTORY INFORMATION

Rexall Chemist 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

Turnover 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.

Fixtures and fittings

-

15% on cost

Office equipment

-

33% on reducing balance

Stocks

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

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

Cost

At 1 August 2024

30,771

15,098

45,869

Additions

-

11,214

11,214

At 31 July 2025

30,771

26,312

57,083

Depreciation

At 1 August 2024

18,112

11,466

29,578

Charge for year

4,612

4,174

8,786

At 31 July 2025

22,724

15,640

38,364

Net book value

At 31 July 2025

8,047

10,672

18,719

At 31 July 2024

12,659

3,632

16,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

303,159

284,061

Other debtors

60,801

62,631

363,960

346,692

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

226,390

248,215

Amounts owed to group undertakings

37,149

31,891

Taxation and social security

72,057

54,043

Other creditors

16,495

29,076

352,091

373,225

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,833

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

11,607

10,676

Between one and five years

5,400

6,207

17,007

16,883

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Rexall Holdings Limited. The ultimate controlling party being the shareholders.