ACCOUNTS - Final Accounts preparation

Registered number: 14590049

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	SEL COMMUNITY PHARMACY FED LIMITED


SEL COMMUNITY PHARMACY FED LIMITED REGISTERED NUMBER:14590049

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	-		1,543
Cash at bank and in hand		1,452,921		1,280,181
		1,452,921		1,281,724
Creditors: amounts falling due within one year	5	(1,449,375)		(1,283,433)
Net current assets/(liabilities)			3,546		(1,709)
Total assets less current liabilities			3,546		(1,709)

Net assets/(liabilities)			3,546		(1,709)

Capital and reserves
Profit and loss account	3,546	(1,709)
	3,546	(1,709)

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SEL COMMUNITY PHARMACY FED LIMITED REGISTERED NUMBER:14590049

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2026.

S A Patel

Director

The notes on pages 3 to 4 form part of these financial statements.

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SEL COMMUNITY PHARMACY FED LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

SEL Community Pharmacy Fed Limited is a private company, limited by guarantee, registered in England and Wales, company registration number 14590049. The registered office and principal place of business is 1st Floor Office, 89 Station Road, West Wickham, Kent, United Kingdom, BR4 0PX.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

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SEL COMMUNITY PHARMACY FED LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 5 (2025 - 5).

Debtors

					2026	2025
					£	£


Trade debtors	-	1,536
Other debtors	-	7
	-	1,543

5.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	-	2,700
Corporation tax	3,959	3,669
Other taxation and social security	2,324	13,886
Other creditors	1,439,792	1,260,328
Accruals and deferred income	3,300	2,850
	1,449,375	1,283,433

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