REGISTERED NUMBER: 01978837 (England and Wales)

Keltone Limited

Financial Statements For The Year Ended 31st March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs S K Hanspaul

S Salas Cintora

REGISTERED OFFICE:

2 Seedfield Close

Northampton

NN3 3PA

REGISTERED NUMBER:

01978837 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

26,307

27,159

26,307

27,159

CURRENT ASSETS

Stocks

68,984

69,404

Debtors

6

152,113

149,081

Cash at bank and in hand

280,757

260,944

501,854

479,429

CREDITORS

Amounts falling due within one year

7

139,839

161,849

NET CURRENT ASSETS

362,015

317,580

TOTAL ASSETS LESS CURRENT LIABILITIES

388,322

344,739

PROVISIONS FOR LIABILITIES

6,500

7,600

NET ASSETS

381,822

337,139

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

380,822

336,139

381,822

337,139

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 31st July 2026 and were signed on its behalf by:

Mrs S K Hanspaul - Director

1.	STATUTORY INFORMATION

Keltone 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Changes in accounting policies

During the year the directors reviewed the estimated useful economic lives and residual values of certain tangible fixed assets. Following that review , it was determined that the residual values are higher and the remaining useful lives longer than previously estimated. Depreciation charges have been revised propectively to reflect these updated estimates. The effect of the change was to reduce the depreciation charge for the year by £18,392.

Turnover

The turnover of the company comprises sums receivable for the sale of pharmaceutical products . This includes receipts from the NHS and from private individuals for prescriptions of medicines and beauty and cosmetics products .

Goodwill

The goodwill of the pharmacy was acquired on 30.06.1986. It was amortised over 25 years at 4% per annum straight line until it was fully amortised by 30.06.2011.

Tangible fixed assets

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

Motor vehicles and fixtures & fittings are depreciated over 3 years straight line. Plant and equipment is depreciated over 5 years straight line from commissioning date.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company's financial statements only include stock , debtors and creditors all of which are current items due to be converted into or,to be paid off by, bank balance monetary resources within a year of the reporting date . They are all recorded at transaction value of historical cost for stock and creditors or sales invoice value for debtors .The income of the company is via the NHS or counter sales , mainly by credit card, which are not subject to impairment. The transactions are all in UK sterling and there are no foreign currency conversion differences.The tangible fixed assets are included at transactional price .

The company's financial instruments are all considered to be of a basic nature.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

34,000

AMORTISATION

At 1st April 2025

and 31st March 2026

34,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

The goodwill was acquired on 30th June 1986 and was amortised over 25 years at 4% per annum straight line until it was fully amortised by 30th June 2011.

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

and 31st March 2026

70,000

31,262

20,519

2,400

124,181

DEPRECIATION

At 1st April 2025

48,995

30,973

16,254

800

97,022

Charge for year

-

60

-

792

852

At 31st March 2026

48,995

31,033

16,254

1,592

97,874

NET BOOK VALUE

At 31st March 2026

21,005

229

4,265

808

26,307

At 31st March 2025

21,005

289

4,265

1,600

27,159

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

115,209

111,018

Amounts owed by group undertakings

-

6,000

VAT

29,978

25,805

Prepayments and accrued income

6,926

6,258

152,113

149,081

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

107,512

107,703

Tax

14,718

31,972

Social security and other taxes

4,479

4,938

Other creditors

257

3,853

Accrued expenses

12,873

13,383

139,839

161,849

8.	LEASING AGREEMENTS

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

2026

2025

£

£

Within one year

10,000

-

Between one and five years

7,500

-

17,500

-

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P A Sparks FCA FCCA (Senior Statutory Auditor)

for and on behalf of Cheney & Co

10.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2026 or 31st March 2025.

11.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2026 or 31st March 2025.

12.	POST BALANCE SHEET EVENTS

On 31st August 2026 a director purchased the share capital of the ultimate controlling party Adara Group Limited.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Adara Group Limited.

The ultimate controlling party is Mrs S K Hanspaul.

The company's parent undertaking is Adara Group Limited, incorporated in England and Wales. The registered office address of Adara Group Limited is 2 Seedfield Close, Northampton, NN3 3PA. Group Consolidated Financial Statements are available upon request from Companies House, Crown Way, Cardiff, CF14 3UZ. The ultimate controlling party is Mrs. S. K. Hanspaul, a director of Adara Group Limited.