Company Registration No. 06422028 (England and Wales)
Birmingham Chemists Limited
Unaudited accounts
for the year ended 31 March 2026
Birmingham Chemists Limited
Unaudited accounts
Contents
Birmingham Chemists Limited
Company Information
for the year ended 31 March 2026
Directors
S K Gupta
M F Ismail
A K Nayyar
Company Number
06422028 (England and Wales)
Registered Office
Cleethorpes Primary Care Centre
St. Hughs Avenue
Cleethorpes
North Lincolnshire
DN35 8EB
England
Accountants
Taj Javed Ltd
Chartered Certified Accountants
28 Haslingden Drive, Heaton
Bradford
West Yorkshire
BD9 5HR
Birmingham Chemists Limited
Statement of financial position
as at 31 March 2026
Called up share capital not paid
(100)
(100)
Intangible assets
79,167
129,167
Tangible assets
69,796
87,357
Inventories
127,258
104,857
Cash at bank and in hand
260,697
183,848
Creditors: amounts falling due within one year
(241,391)
(268,420)
Net current assets
454,651
328,019
Total assets less current liabilities
603,514
544,443
Provisions for liabilities
Deferred tax
(15,910)
(15,786)
Net assets
587,604
528,657
Called up share capital
100
100
Profit and loss account
587,504
528,557
Shareholders' funds
587,604
528,657
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 directors acknowledge their 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 of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by
S K Gupta
Director
Company Registration No. 06422028
Birmingham Chemists Limited
Notes to the Accounts
for the year ended 31 March 2026
Birmingham Chemists Limited is a private company, limited by shares, registered in England and Wales, registration number 06422028. The registered office is Cleethorpes Primary Care Centre, St. Hughs Avenue, Cleethorpes, North Lincolnshire, DN35 8EB, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being amortised evenly over its estimated useful life of twenty years.
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:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
20% Reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price after making due allowance for obsolete and slow moving items.
Birmingham Chemists Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
At 31 March 2026
1,000,000
Charge for the year
50,000
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
21,938
7,995
457,823
487,756
At 31 March 2026
21,938
7,995
457,823
487,756
At 1 April 2025
21,938
6,181
372,280
400,399
Charge for the year
-
454
17,107
17,561
At 31 March 2026
21,938
6,635
389,387
417,960
At 31 March 2026
-
1,360
68,436
69,796
At 31 March 2025
-
1,814
85,543
87,357
Amounts falling due within one year
Trade debtors
249,290
248,199
Accrued income and prepayments
19,843
14,474
Other debtors
9,500
15,500
Birmingham Chemists Limited
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
162,806
229,146
Taxes and social security
41,954
10,383
Other creditors
1,696
2,281
Loans from directors
(2,946)
(7,366)
8
Average number of employees
During the year the average number of employees was 21 (2025: 26).