Registration number: SC442208

Wellbeing (Keynsham) Limited

Contents

Company Information	1
Statement of Directors' Responsibilities	2
Accountants' Report	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 8

Wellbeing (Keynsham) Limited

Company Information

Directors

Mr M A Hedley Mr F T Gourlay

Company secretary

Mr M A Hedley

Registered office Registration number

31 Townsend Place Kirkcaldy Fife KY1 1HB SC442208 (Scotland)

Wellbeing (Keynsham) Limited

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

•	select suitable accounting policies and apply them consistently;

•	make judgements and accounting estimates that are reasonable and prudent;

•	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Wellbeing (Keynsham) Limited
for the Year Ended 31 August 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wellbeing (Keynsham) Limited for the year ended 31 August 2026 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of The Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance.

This report is made solely to you, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial information of Wellbeing (Keynsham) Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of The Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company for our work or for this report.

It is your duty to ensure that Wellbeing (Keynsham) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wellbeing (Keynsham) Limited. You consider that Wellbeing (Keynsham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Wellbeing (Keynsham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Brown, Scott & Main
Chartered Accountants
31 Townsend Place
Kirkcaldy
Fife
KY1 1HB

30 October 2026

Wellbeing (Keynsham) Limited

(Registration number: SC442208)
Balance Sheet as at 31 August 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	-	314
Current assets
Stock		-	1,458
Debtors	6	2,041	4,909
Cash at bank and in hand		5,295	10,403
		7,336	16,770
Creditors: Amounts falling due within one year	7	(6,354)	(13,086)
Net current assets		982	3,684
Net assets		982	3,998
Capital and reserves
Called up share capital		100	100
Retained earnings		882	3,898
Shareholders' funds		982	3,998

For the financial year ending 31 August 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 October 2026 and signed on its behalf by:
 

......................................... Mr F T Gourlay Director

Wellbeing (Keynsham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

1	General information

The company is a private company limited by share capital, incorporated in Scotland. Its registration number and registered office address can be found on the Company Information page.

The principal place of business was:
Unit 6
Katherine Park
Katherine Street
Kirkcaldy
Fife
KY2 5JY
Scotland

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The presentation currency is sterling.

Turnover

Turnover represents the total value, excluding VAT, of revenue earned during the period from online sales of pharmaceutical products.

Tangible assets

Tangible fixed assets are stated at historic cost, less accumulated depreciation and accumulated impairment losses.

Depreciation

Depreciation was provided at rates calculated so as to write off the cost less residual value of each asset over its expected useful life as follows:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Fixtures & fittings	10% per annum straight line
Office equipment	20% per annum straight line

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stock

Stock is stated at the lower of cost and net realisable value, and comprises pharmaceutical products for resale.

Wellbeing (Keynsham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Tax

Taxation for the year comprises corporation tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 

Group relief
Tax losses surrendered to any group company are paid in full by the claimant company.

Defined contribution pension obligation

The company operates a defined contribution plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year was 1 (2025 - 1).

4

Taxation

	2026		2025
	£		£
Corporation tax (credit)	(982)		(2,587)
Group relief receivable	-		(2,237)
	(982)		(4,824)

Wellbeing (Keynsham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost
At 1 September 2025	348	348
Disposals	(348)	(348)
At 31 August 2026	-	-
Depreciation
At 1 September 2025	34	34
Charge for the year	70	70
Eliminated on disposal	(104)	(104)
At 31 August 2026	-	-
Carrying amount
At 31 August 2026	-	-
At 31 August 2025	314	314

6

Debtors

Current	Note	2026 £	2025 £
Amounts owed by related parties	9	-	2,237
Other debtors		2,041	2,672
		2,041	4,909

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	6,354	-
Taxation and social security	-	86
Accruals and deferred income	-	11,000
Other creditors	-	2,000
	6,354	13,086

Included in creditors and accruals are balances due to related parties. Details of related party transactions are disclosed at note 9.
 

Wellbeing (Keynsham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9	Related party transactions

Mr M A Hedley and Mr F T Gourlay, directors of Wellbeing (Keynsham) Limited, are also directors of Wellbeing Pharmacies Limited, a pharmaceutical retailer; and directors and shareholders of MAF Pharma Limited, providing management and administration services.

Wellbeing Pharmacies Limited and MAF Pharma Limited are the shareholders of Wellbeing (Keynsham) Limited.

During the year the following arms' length related party transactions took place:
	Goods and services provided by				Goods and services purchased by
	Wellbeing (Keynsham) Limited				Wellbeing (Keynsham) Limited
	2026		2025		2026		2025
	£		£		£		£
MAF Pharma Limited	-		-		3,795		9,000
Wellbeing Pharmacies Limited	-		-		-		-
	-		-		3,795		9,000

At the year end the following balances were due:
	Balances due to				Balances due from
	Wellbeing (Keynsham) Limited				Wellbeing (Keynsham) Limited
	2026		2025		2026		2025
	£		£		£		£
MAF Pharma Limited	4,554		2,237*		-		9,000
			* Group relief