BrightAccountsProduction v1.0.0 v1.0.0 2024-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of retail pharmacy and supermarkets. 1 April 2026 NI020057 2025-11-30 NI020057 2024-11-30 NI020057 2023-11-30 NI020057 2024-12-01 2025-11-30 NI020057 2023-12-01 2024-11-30 NI020057 uk-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 NI020057 uk-curr:PoundSterling 2024-12-01 2025-11-30 NI020057 uk-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 NI020057 uk-bus:AbridgedAccounts 2024-12-01 2025-11-30 NI020057 uk-core:ShareCapital 2025-11-30 NI020057 uk-core:ShareCapital 2024-11-30 NI020057 uk-core:OtherReservesSubtotal 2025-11-30 NI020057 uk-core:OtherReservesSubtotal 2024-11-30 NI020057 uk-core:RetainedEarningsAccumulatedLosses 2025-11-30 NI020057 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI020057 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-11-30 NI020057 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-11-30 NI020057 uk-bus:FRS102 2024-12-01 2025-11-30 NI020057 uk-core:Goodwill 2024-12-01 2025-11-30 NI020057 uk-core:LandBuildings 2024-12-01 2025-11-30 NI020057 uk-core:FurnitureFittingsToolsEquipment 2024-12-01 2025-11-30 NI020057 uk-core:Goodwill 2024-11-30 NI020057 uk-core:Goodwill 2025-11-30 NI020057 uk-core:CostValuation 2025-11-30 NI020057 uk-core:Subsidiary1 2024-12-01 2025-11-30 NI020057 2024-12-01 2025-11-30 NI020057 uk-bus:CompanySecretaryDirector1 2024-12-01 2025-11-30 NI020057 uk-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI020057

Collinward Pharmacy and Stores Limited

Abridged Unaudited Financial Statements

for the financial year ended 30 November 2025

Collinward Pharmacy and Stores Limited

Company Registration Number: NI020057

ABRIDGED BALANCE SHEET

as at 30 November 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Intangible assets |  | 4 | - |  | 74,000
Tangible assets |  | 5 | 1,561,491 |  | 1,414,465
Investments |  | 6 | 2 |  | 2
|  |  | ───────── |  | ─────────
Fixed Assets |  |  | 1,561,493 |  | 1,488,467
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  |  | 118,009 |  | 118,776
Debtors |  |  | 330,427 |  | 199,379
Cash and cash equivalents |  |  | 241,701 |  | 692,425
|  |  | ───────── |  | ─────────
|  |  | 690,137 |  | 1,010,580
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (520,790) |  | (936,958)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 169,347 |  | 73,622
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 1,730,840 |  | 1,562,089
Creditors:

amounts falling due after more than one year |  |  | (1,494,749) |  | (826,087)
Provisions for liabilities |  |  | (24,862) |  | (50,567)
Government grants |  |  | (1,837) |  | -
|  |  | ───────── |  | ─────────
Net Assets |  |  | 209,392 |  | 685,435
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 1,667 |  | 3,333
Other reserves |  |  | 3,333 |  | 1,667
Retained earnings |  |  | 204,392 |  | 680,435
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 209,392 |  | 685,435
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 1 April 2026

________________________________ |  |  |  |  |
Mr. Conor McAreavey |  |  |  |  |
Director |  |  |  |  |

Collinward Pharmacy and Stores Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 30 November 2025

1. | General Information
| Collinward Pharmacy and Stores Limited is a company limited by shares incorporated in Northern Ireland. 16 Mount Charles, Belfast, BT7 1NZ is the registered office. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company. The company number is NI020057.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 30 November 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The going concern basis assumes that the company will continue in operational existence for the forseeable future, having adequate funds to meet its obligations as they fall due. After making enquires the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the forseeable future.
| Consolidated accounts
| The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
| Turnover
| Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
| Goodwill
| Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Land and buildings freehold | - | 2% Reducing Balance
|  | Fixtures, fittings and equipment | - | 15% Reducing Balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
| Investments
| Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the year in which it is receivable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Government grants
| Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
| Pensions
| The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Annual contributions payable to the company's pension scheme are charged to the Profit and Loss Account in the period to which they relate.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was:
|  | 2025 | 2024
|  | Number | Number
| Dispensing | 5 | 5
| Head Office | 4 | 4
| Sales | 9 | 9
|  | ───────── | ─────────
|  | 18 | 18
|  | ═════════ | ═════════

4. | Intangible assets
|  | Goodwill
|  | £
| Cost
| At 1 December 2024 | 740,000
|  | ─────────
| At 30 November 2025 | 740,000
|  | ─────────
| Amortisation
| At 1 December 2024 | 666,000
| Charge for financial year | 74,000
|  | ─────────
| At 30 November 2025 | 740,000
|  | ─────────
| Net book value
| At 30 November 2025 | -
|  | ═════════
| At 30 November 2024 | 74,000
|  | ═════════

5. | Tangible assets
|  | Land and | Investment | Fixtures, | Total
|  | buildings | properties | fittings and |
|  | freehold |  | equipment |
|  | £ | £ | £ | £
| Cost
| At 1 December 2024 | 185,994 | 1,183,537 | 397,973 | 1,767,504
| Additions | 73,823 | 89,005 | 5,332 | 168,160
|  | ───────── | ───────── | ───────── | ─────────
| At 30 November 2025 | 259,817 | 1,272,542 | 403,305 | 1,935,664
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 December 2024 | 66,147 | - | 286,892 | 353,039
| Charge for the financial year | 3,873 | - | 17,261 | 21,134
|  | ───────── | ───────── | ───────── | ─────────
| At 30 November 2025 | 70,020 | - | 304,153 | 374,173
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 30 November 2025 | 189,797 | 1,272,542 | 99,152 | 1,561,491
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 30 November 2024 | 119,847 | 1,183,537 | 111,081 | 1,414,465
|  | ═════════ | ═════════ | ═════════ | ═════════

6. | Investments
|  | Group and | Total
|  | participating |
|  | interests/ |
|  | joint ventures |
| Investments | £ | £
| Cost
| At 30 November 2025 | 2 | 2
|  | ───────── | ─────────
| Net book value
| At 30 November 2025 | 2 | 2
|  | ═════════ | ═════════
| At 30 November 2024 | 2 | 2
|  | ═════════ | ═════════

6.1. | Holdings in related undertakings
| The company holds 20% or more of the share capital of the following company:
|  | Country | Nature |  | Details | Proportion
|  | of | of |  | of | held by
| Name | incorporation and address of Registered Office | business |  | investment | company
| Subsidiary undertaking
| Collinward Wholesale Limited | N. Ireland | Dormant |  | Ordinary | 100%
| In the opinion of the director, the value to the company of the unlisted investments is not less than the book amount shown above.

7. | Capital commitments
| The company had no material capital commitments at the financial year-ended 30 November 2025.