REGISTERED NUMBER: SC759623 (Scotland)

Unaudited Financial Statements For The Year Ended 31 January 2026

for

Care Pharmacies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Ameen

REGISTERED OFFICE:

2358-60 Dumbarton Road

Glasgow

Scotland

G14 0JX

REGISTERED NUMBER:

SC759623 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Intangible assets

4

1,110,218

1,193,165

Tangible assets

5

119,184

132,533

1,229,402

1,325,698

CURRENT ASSETS

Stocks

6

22,188

21,496

Debtors

7

37,721

74,044

Cash at bank

157,537

44,717

217,446

140,257

CREDITORS

Amounts falling due within one year

8

1,412,103

1,448,755

NET CURRENT LIABILITIES

(1,194,657

)

(1,308,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,745

17,200

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

9

34,741

17,196

SHAREHOLDERS' FUNDS

34,745

17,200

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 August 2026 and were signed by:

M Ameen - Director

1.	STATUTORY INFORMATION

Care Pharmacies Ltd is a private company, limited by shares , registered in Scotland. 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 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% 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 10 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

1,276,112

AMORTISATION

At 1 February 2025

82,947

Amortisation for year

82,947

At 31 January 2026

165,894

NET BOOK VALUE

At 31 January 2026

1,110,218

At 31 January 2025

1,193,165

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

2,267

165,946

6,127

2,231

176,571

Additions

-

10,948

5,500

-

16,448

At 31 January 2026

2,267

176,894

11,627

2,231

193,019

DEPRECIATION

At 1 February 2025

453

40,195

2,170

1,220

44,038

Charge for year

363

27,341

1,891

202

29,797

At 31 January 2026

816

67,536

4,061

1,422

73,835

NET BOOK VALUE

At 31 January 2026

1,451

109,358

7,566

809

119,184

At 31 January 2025

1,814

125,751

3,957

1,011

132,533

6.

STOCKS

31.1.26

31.1.25

£

£

Stocks

22,188

21,496

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

VAT

37,721

74,044

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

86,750

95,802

Tax

12,154

-

PAYE

8,140

9,071

Care Pharma Ltd

305,208

105,000

Care Springside Ltd

660,000

210,000

Care Townhill Ltd

311,000

161,000

Directors' current accounts

26,811

866,202

Accrued expenses

2,040

1,680

1,412,103

1,448,755

9.

RESERVES

Retained

earnings

£

At 1 February 2025

17,196

Profit for the year

17,545

At 31 January 2026

34,741