REGISTERED NUMBER: 01029790 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28th February 2025

for

Barton Pharmacy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr H Chaggar

REGISTERED OFFICE:

Ground Floor

3 West Road

Woolacombe

Devon

EX34 7BW

REGISTERED NUMBER:

01029790 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

6,925

5,582

CURRENT ASSETS

Stocks

10,194

14,137

Debtors

5

263,946

179,701

Cash at bank and in hand

29,571

16,107

303,711

209,945

CREDITORS

Amounts falling due within one year

6

73,284

73,983

NET CURRENT ASSETS

230,427

135,962

TOTAL ASSETS LESS CURRENT LIABILITIES

237,352

141,544

PROVISIONS FOR LIABILITIES

1,047

1,259

NET ASSETS

236,305

140,285

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

236,205

140,185

SHAREHOLDERS' FUNDS

236,305

140,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th November 2025 and were signed by:

Mr H Chaggar - Director

1.	STATUTORY INFORMATION

Barton Pharmacy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33.33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leasing agreements

Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease. Some lease agreements hold an option to buy at the end of the lease. This option to buy is not determined until the lease is over and is assessed on an item by item basis. If the option to buy is exercised, the item will be capitalised and depreciated accordingly.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1st March 2024

30,627

1,908

40,428

1,904

74,867

Additions

2,693

125

270

-

3,088

At 28th February 2025

33,320

2,033

40,698

1,904

77,955

DEPRECIATION

At 1st March 2024

30,224

633

38,322

106

69,285

Charge for year

434

255

421

635

1,745

At 28th February 2025

30,658

888

38,743

741

71,030

NET BOOK VALUE

At 28th February 2025

2,662

1,145

1,955

1,163

6,925

At 29th February 2024

403

1,275

2,106

1,798

5,582

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

79

6,827

Owed by parent company

203,252

123,152

Other debtors

3,198

-

Tax

-

3,281

VAT

5,624

7,327

Accrued income

51,638

38,967

Prepayments

155

147

263,946

179,701

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

29,105

28,797

Tax

28,608

29,257

Social security and other taxes

414

76

Directors' current accounts

15,157

14,845

Accrued expenses

-

1,008

73,284

73,983

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.25

29.2.24

£

£

Within one year

29,000

29,000

Between one and five years

145,000

145,000

In more than five years

29,000

87,000

203,000

261,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1st March 2024

140,185

Profit for the year

101,020

Dividends

(5,000

)

At 28th February 2025

236,205