REGISTERED NUMBER: 04934939 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

PRESTWICH PHARMACY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr F G McCaul

Mrs H Hughes

Mr H Hughes

Mr M Williams

SECRETARY:

Mrs H Hughes

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St. Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

04934939 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Lloyds TSB Bank Plc

Burnley Branch

Burnley

Lancashire

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

73,279

220,906

Investments

6

162,981

162,981

236,261

383,888

CURRENT ASSETS

Stocks

184,935

181,600

Debtors

7

370,170

400,404

Cash at bank and in hand

122,325

203,766

677,430

785,770

CREDITORS

Amounts falling due within one year

8

503,381

441,561

NET CURRENT ASSETS

174,049

344,209

TOTAL ASSETS LESS CURRENT LIABILITIES

410,310

728,097

CAPITAL AND RESERVES

Called up share capital

10,005

10,005

Share premium

92,668

92,668

Retained earnings

307,637

625,424

SHAREHOLDERS' FUNDS

410,310

728,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 17 August 2026 and were signed on its behalf by:

Mr F G McCaul - Director

1.	STATUTORY INFORMATION

Prestwich Pharmacy 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Tangible fixed assets are initially recorded at cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 31 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

1

NET BOOK VALUE

At 30 November 2025

1

At 30 November 2024

1

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 December 2024

528,588

360,495

251,044

1,140,127

Additions

-

2,666

-

2,666

At 30 November 2025

528,588

363,161

251,044

1,142,793

DEPRECIATION

At 1 December 2024

528,588

209,758

180,875

919,221

Charge for year

-

109,139

41,154

150,293

At 30 November 2025

528,588

318,897

222,029

1,069,514

NET BOOK VALUE

At 30 November 2025

-

44,264

29,015

73,279

At 30 November 2024

-

150,737

70,169

220,906

6.	FIXED ASSET INVESTMENTS

Shares in

subsidiary

undertaki

ngs

£

COST

At 1 December 2024

and 30 November 2025

162,981

NET BOOK VALUE

At 30 November 2025

162,981

At 30 November 2024

162,981

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

262,197

265,646

Other debtors

107,973

134,758

370,170

400,404

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

287,801

257,597

Taxation and social security

24,440

1,997

Other creditors

191,140

181,967

503,381

441,561

9.	LEASING AGREEMENTS

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

30.11.25

30.11.24

£

£

Within one year

45,730

45,730

Between one and five years

19,054

64,784

64,784

110,514

10.	ULTIMATE CONTROLLING PARTY

There is no controlling party