Rishton_Pharmacy_Limited_30_Apr_2026_companies_house_set_of

Rishton Pharmacy Limited

Statement of Financial Position

30 April 2026

		2026		2025
	Note	£		£
Fixed assets
Intangible assets	5	47,250		78,750
Tangible assets	6	67,425		82,778
		114,675		161,528
Current assets
Stocks		22,752		28,564
Debtors	7	108,134		103,899
Cash at bank and in hand		49,701		27,444
		180,587		159,907
Creditors: amounts falling due within one year	8	(133,262	)	(107,218	)
Net current assets		47,325		52,689
Total assets less current liabilities		162,000		214,217
Creditors: amounts falling due after more than one year	9	(35,045	)	(45,832	)
Provisions for liabilities		(16,856	)	(20,695	)
Net assets		110,099		147,690
Capital and reserves
Called up share capital		1		1
Profit and loss account		110,098		147,689
Shareholders funds		110,099		147,690

For the year ending

30 April 2026

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

18 September 2026

, and are signed on behalf of the board by:

Mr B Kotecha

Director

Company registration number:

05462631

Rishton Pharmacy Limited

Notes to the Financial Statements

Year ended

30 April 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

42 High Street

Rishton

Blackburn

BB1 4LA

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on supply of the goods.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.

Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset, being 20 years.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	15% straight line
Fixtures, fittings and equipment	15% to 20% straight line
Motor vehicles	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

5 Intangible assets

	Goodwill
	£
Cost
At 1 May 2025 and 30 April 2026	630,000
Amortisation
At 1 May 2025	551,250
Charge	31,500
At 30 April 2026	582,750
Carrying amount
At 30 April 2026	47,250
At 30 April 2025	78,750

6 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 May 2025 and 30 April 2026	153,917
Depreciation
At 1 May 2025	71,139
Charge	15,353
At 30 April 2026	86,492
Carrying amount
At 30 April 2026	67,425
At 30 April 2025	82,778

7 Debtors

	2026	2025
	£	£
Trade debtors	68,714	68,809
Other debtors	39,420	35,090
	108,134	103,899

8 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	4,500	9,000
Trade creditors	112,598	76,573
Taxation and social security	6,277	3,412
Other creditors	9,887	18,233
	133,262	107,218

9 Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	-	4,500
Other creditors	35,045	41,332
	35,045	45,832

Obligations under hire purchase contracts amounting to £41,332 (2025 - £47,619) are effectively secured on the tangible fixed assets to which they relate