Broughton Park Pharmacy Limited

Registered number

07162752

Unaudited Filleted Accounts

28 February 2026

Broughton Park Pharmacy Limited
Registered number:		07162752
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		197,000			229,750
Tangible assets	4		27,790			34,738
			224,790			264,488

Current assets
Stocks		101,498			107,603
Debtors	5	221,706			196,509
Cash at bank and in hand		530,338			443,376
		853,542			747,488

Creditors: amounts falling due within one year	6	(264,156)			(322,015)

Net current assets			589,386			425,473

Net assets			814,176			689,961

Capital and reserves
Called up share capital			4			4
Profit and loss account			814,172			689,957

Shareholders' funds			814,176			689,961

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




JM Richman
Director
Approved by the board on 28 July 2026

Broughton Park Pharmacy Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery	20% reducing balance
	Motor Vehicles	20% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			12		12


3	Intangible fixed assets					£
	Goodwill & Lease premium

	Cost
	At 1 March 2025					685,000
	At 28 February 2026					685,000

	Amortisation
	At 1 March 2025					455,250
	Provided during the year					32,750
	At 28 February 2026					488,000

	Net book value
	At 28 February 2026					197,000
	At 28 February 2025					229,750

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
	The lease premium is being written off over the period of the lease of 25 years.

4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2025	102,552		55,623		158,175
	At 28 February 2026	102,552		55,623		158,175

	Depreciation
	At 1 March 2025	92,318		31,119		123,437
	Charge for the year	2,047		4,901		6,948
	At 28 February 2026	94,365		36,020		130,385

	Net book value
	At 28 February 2026	8,187		19,603		27,790
	At 28 February 2025	10,234		24,504		34,738


5	Debtors			2026		2025
£					£

	Trade debtors			194,941		168,909
	Other debtors			26,765		27,600
				221,706		196,509


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			193,204		307,768
	Corporation tax			68,872		13,207
	Other creditors			2,080		1,040
				264,156		322,015


7	Controlling party

	The company is controlled by the directors by virtue of their control of 100% of the issued share capital of the company.


8	Other information

	Broughton Park Pharmacy Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3 Newbury Place Pharmacy
	55 Rigby Street
	Salford M7 4NX