REGISTERED NUMBER: 12727107 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

CHURCH PHARMA (BILSTON) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mohan Lal Sahni

Jaswinder Paul Sahni

REGISTERED OFFICE:

43A - 45 Church St

Bilston

United Kingdom

WV14 0AX

REGISTERED NUMBER:

12727107 (England and Wales)

ACCOUNTANTS:

Brindleys Limited

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

FIXED ASSETS

Intangible assets

4

603,273

643,491

Tangible assets

5

49,683

51,426

652,956

694,917

CURRENT ASSETS

Stocks

6

112,000

87,000

Debtors

7

661,438

763,719

Cash at bank and in hand

50,263

66,565

823,701

917,284

CREDITORS

Amounts falling due within one year

8

1,143,759

1,284,202

NET CURRENT LIABILITIES

(320,058

)

(366,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

332,898

327,999

CREDITORS

Amounts falling due after more than one year

9

(48,992

)

(92,070

)

PROVISIONS FOR LIABILITIES

11

(12,421

)

(12,856

)

NET ASSETS

271,485

223,073

CAPITAL AND RESERVES

Called up share capital

12

1

1

Retained earnings

13

271,484

223,072

SHAREHOLDERS' FUNDS

271,485

223,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by:

Mohan Lal Sahni - Director

1.	STATUTORY INFORMATION

Church Pharma (Bilston) Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of twenty 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 each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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 Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 14 (2025 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

804,364

AMORTISATION

At 1 April 2025

160,873

Charge for year

40,218

At 31 March 2026

201,091

NET BOOK VALUE

At 31 March 2026

603,273

At 31 March 2025

643,491

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

95,534

1,581

97,115

Additions

7,084

-

7,084

At 31 March 2026

102,618

1,581

104,199

DEPRECIATION

At 1 April 2025

44,608

1,081

45,689

Charge for year

8,702

125

8,827

At 31 March 2026

53,310

1,206

54,516

NET BOOK VALUE

At 31 March 2026

49,308

375

49,683

At 31 March 2025

50,926

500

51,426

6.

STOCKS

2026

2025

£

£

Stocks

112,000

87,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

157,668

132,665

Amounts owed by group undertakings

450,066

472,889

Other debtors

23,236

130,000

VAT

20,592

19,034

Prepayments

9,876

9,131

661,438

763,719

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 10)

40,422

34,764

Trade creditors

194,338

224,647

Amounts owed to group undertakings

864,887

912,146

Tax

29,979

43,349

Social security and other taxes

3,609

3,141

Other creditors

615

58,629

Accrued expenses

9,909

7,526

1,143,759

1,284,202

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 10)

48,992

92,070

10.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

40,422

34,764

Amounts falling due between one and two years:

Bank loans - 1-2 years

40,422

34,764

2026

2025

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

8,570

57,306

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

12,421

12,856

Deferred

tax

£

Balance at 1 April 2025

12,856

Provided during year

(435

)

Balance at 31 March 2026

12,421

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary A

1

1

1

13.

RESERVES

Retained

earnings

£

At 1 April 2025

223,072

Profit for the year

48,412

At 31 March 2026

271,484