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Company Registration No. 7396073 (England and Wales)
SMS Pharmacy Ltd Unaudited accounts for the year ended 31 October 2025
SMS Pharmacy Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SMS Pharmacy Ltd Company Information for the year ended 31 October 2025
Director
Dipesh Mohanlal Raghwani
Company Number
7396073 (England and Wales)
Registered Office
86 Devonshire Street, SALFORD, M7 4AE ENGLAND
Accountants
S&H Accountants 35 School Walk Manchester M16 7GD
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SMS Pharmacy Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,194,881 
1,257,770 
Tangible assets
5
5,882 
7,892 
Investments
6
342,759 
342,759 
1,543,522 
1,608,421 
Current assets
Inventories
75,180 
72,528 
Debtors
7
208,784 
85,674 
Cash at bank and in hand
17,904 
16,528 
301,868 
174,730 
Creditors: amounts falling due within one year
8
(663,282)
(565,888)
Net current liabilities
(361,414)
(391,158)
Total assets less current liabilities
1,182,108 
1,217,263 
Creditors: amounts falling due after more than one year
9
(778,439)
(838,829)
Net assets
403,669 
378,434 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
403,659 
378,424 
Shareholders' funds
403,669 
378,434 
For the year ending 31 October 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2026 and were signed on its behalf by
Dipesh Mohanlal Raghwani Director Company Registration No. 7396073
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SMS Pharmacy Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SMS Pharmacy Ltd is a private company, limited by shares, registered in England and Wales, registration number 7396073. The registered office is 86 Devonshire Street, , SALFORD, , M7 4AE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 November 2024
1,292,021 
344,497 
1,636,518 
At 31 October 2025
1,292,021 
344,497 
1,636,518 
Amortisation
At 1 November 2024
345,321 
33,427 
378,748 
Charge for the year
47,335 
15,554 
62,889 
At 31 October 2025
392,656 
48,981 
441,637 
Net book value
At 31 October 2025
899,365 
295,516 
1,194,881 
At 31 October 2024
946,700 
311,070 
1,257,770 
- 5 -
SMS Pharmacy Ltd Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
4,500 
34,506 
39,006 
At 31 October 2025
4,500 
34,506 
39,006 
Depreciation
At 1 November 2024
2,657 
28,457 
31,114 
Charge for the year
369 
1,641 
2,010 
At 31 October 2025
3,026 
30,098 
33,124 
Net book value
At 31 October 2025
1,474 
4,408 
5,882 
At 31 October 2024
1,843 
6,049 
7,892 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2024
342,759 
Valuation at 31 October 2025
342,759 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
38,063 
55,387 
Trade debtors
20,287 
30,287 
Other debtors
150,434 
- 
208,784 
85,674 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
5,736 
Taxes and social security
2,138 
31,648 
Proposed dividends
50,000 
35,000 
Other creditors
173 
251 
Loans from directors
610,971 
493,253 
663,282 
565,888 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
778,439 
838,829 
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 6 -