M Manning (Pharmacy) Limited - Filleted accounts

Registered number

04577779

M Manning (Pharmacy) Limited

Filleted Accounts

31 January 2026

M Manning (Pharmacy) Limited
Registered number:		04577779
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		40,030			55,550

Current assets
Stocks		49,875			63,963
Debtors	5	507,308			414,396
Cash at bank and in hand		145,533			126,895
		702,716			605,254

Creditors: amounts falling due within one year	6	(432,658)			(457,955)

Net current assets			270,058			147,299

Total assets less current liabilities			310,088			202,849


Provisions for liabilities			(143)			(143)


Net assets			309,945			202,706

Capital and reserves
Called up share capital			100			100
Profit and loss account			309,845			202,606

Shareholders' funds			309,945			202,706

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.




SE Bargh
Director
Approved by the board on 15 October 2026

M Manning (Pharmacy) Limited
Notes to the Accounts
for the year ended 31 January 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:

	Computers	50% on cost
	Fixtures, fittings, tools and equipment	15% reducing balance
	Motor vehicles	25% on cost

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			12		11


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					700,000
	At 31 January 2026					700,000

	Amortisation
	At 1 February 2025					700,000
	At 31 January 2026					700,000

	Net book value
	At 31 January 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	131,146		107,780		238,926
	Additions	4,086		-		4,086
	At 31 January 2026	135,232		107,780		243,012

	Depreciation
	At 1 February 2025	123,771		59,605		183,376
	Charge for the year	3,019		16,587		19,606
	At 31 January 2026	126,790		76,192		202,982

	Net book value
	At 31 January 2026	8,442		31,588		40,030
	At 31 January 2025	7,375		48,175		55,550


5	Debtors			2026		2025
£					£

	Trade debtors			105,504		135,326
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			376,728		251,943
	Other debtors			25,076		27,127
				507,308		414,396


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

	Trade creditors			193,318		197,088
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			180,847		180,847
	Taxation and social security costs			40,333		44,384
	Other creditors			18,160		35,636
				432,658		457,955


7	Controlling party

	The company is wholly owned by Gibson Pharmacy Limited, which is wholly owned by the directors.


8	Other information

	M Manning (Pharmacy) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Undercliffe Health Care Centre
	Lowther Street
	Bradford
	BD2 4RA