Company Registration No. 10956181 (England and Wales)
Lay Pharm Limited
Unaudited accounts
for the year ended 31 March 2026
Lay Pharm Limited
Unaudited accounts
Contents
Lay Pharm Limited
Company Information
for the year ended 31 March 2026
Director
Anthony Olayiwola
Company Number
10956181 (England and Wales)
Registered Office
78 Temple Avenue
Dagenham
Essex
RM8 1LS
England
Accountants
TDC Accountancy Ltd T-As Davies & Co.
Unit 18
Little Malgraves Industrial Estate
Lower Dunton Road
Upminster
Essex
RM14 3TE
Lay Pharm Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
6,153
522
Creditors: amounts falling due within one year
(6,639)
(6,139)
Net current (liabilities)/assets
(486)
3,383
Total assets less current liabilities
23,514
3,383
Creditors: amounts falling due after more than one year
(20,000)
-
Called up share capital
100
100
Profit and loss account
3,414
3,283
Shareholders' funds
3,514
3,383
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2026 and were signed on its behalf by
Anthony Olayiwola
Director
Company Registration No. 10956181
Lay Pharm Limited
Notes to the Accounts
for the year ended 31 March 2026
Lay Pharm Limited is a private company, limited by shares, registered in England and Wales, registration number 10956181. The registered office is 78 Temple Avenue, Dagenham, Essex, RM8 1LS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Lay Pharm Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
5,257
4,752
Loans from directors
382
427
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
20,000
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).