PHARMARTEL LIMITED


Director	VARAVIPOUR, Ehsan


Company Secretary	VARAVIPOUR, Ehsan


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	04952479 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		15,148		11,591
			15,148		11,591
Current assets
Stocks	5	81,850		80,125
Debtors	6	385,188		299,444
Cash at bank and on hand		44,084		33,696
		511,122		413,265
Creditors amounts falling due within one year	7	(274,304)		(266,586)
Net current assets (liabilities)			236,818		146,679
Total assets less current liabilities			251,966		158,270
Creditors amounts falling due after one year	8		(12,801)		(30,554)
Net assets			239,165		127,716
Capital and reserves
Called up share capital			200		200
Profit and loss account			238,965		127,516
Shareholders' funds			239,165		127,716

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 31 July 2026, and are signed on its behalf by:

VARAVIPOUR, Ehsan
Director
Registered Company No. 04952479

PHARMARTEL LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Goodwill being the amount paid in connection with the acquisition of the business in 2004, is being amortised evenly over its estimated useful life of 10 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	15
	Vehicles	25
	Office Equipment	25

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		6

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 August 24	415,439	415,439
At 31 July 25	415,439	415,439
Amortisation and impairment
At 01 August 24	415,439	415,439
At 31 July 25	415,439	415,439
Net book value
At 31 July 25	-	-
At 31 July 24	-	-

4.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 August 24	4,400	122,888	12,646	139,934
Additions	4,999	789	-	5,788
At 31 July 25	9,399	123,677	12,646	145,722
Depreciation and impairment
At 01 August 24	1,169	115,357	11,817	128,343
Charge for year	807	1,217	207	2,231
At 31 July 25	1,976	116,574	12,024	130,574
Net book value
At 31 July 25	7,423	7,103	622	15,148
At 31 July 24	3,231	7,531	829	11,591

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	81,850	80,125
Total	81,850	80,125

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	83,851	64,766
Amounts owed by group undertakings	186,416	106,340
Other debtors	93,147	116,433
Prepayments and accrued income	21,774	11,905
Total	385,188	299,444

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	187,005	204,309
Bank borrowings and overdrafts	10,000	10,000
Taxation and social security	38,754	16,618
Payments received on account	31,031	25,564
Other creditors	7,514	6,436
Accrued liabilities and deferred income	-	3,659
Total	274,304	266,586


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	12,801	30,554
Total	12,801	30,554