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Company Registration No. 04725581 (England and Wales)
Shelf Pharmacy Limited Unaudited accounts for the year ended 28 February 2025
Shelf Pharmacy Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Shelf Pharmacy Limited Company Information for the year ended 28 February 2025
Director
Fahad Rehman
Company Number
04725581 (England and Wales)
- 3 -
Shelf Pharmacy Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
205,743 
210,799 
Current assets
Inventories
22,715 
39,180 
Debtors
6
78,797 
101,029 
Cash at bank and in hand
118,682 
55,307 
220,194 
195,516 
Creditors: amounts falling due within one year
7
(325,731)
(381,722)
Net current liabilities
(105,537)
(186,206)
Net assets
100,206 
24,593 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
99,206 
23,593 
Shareholders' funds
100,206 
24,593 
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 18 September 2025 and were signed on its behalf by
Fahad Rehman Director Company Registration No. 04725581
- 4 -
Shelf Pharmacy Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Shelf Pharmacy Limited is a private company, limited by shares, registered in England and Wales, registration number 04725581.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% WDV
Fixtures & fittings
20% WDV
Computer equipment
20% WDV
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
50,000 
At 28 February 2025
50,000 
Amortisation
At 1 March 2024
50,000 
At 28 February 2025
50,000 
Net book value
At 28 February 2025
- 
- 5 -
Shelf Pharmacy Limited Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
185,521 
52,147 
5,217 
242,885 
At 28 February 2025
185,521 
52,147 
5,217 
242,885 
Depreciation
At 1 March 2024
- 
30,373 
1,713 
32,086 
Charge for the year
- 
4,355 
701 
5,056 
At 28 February 2025
- 
34,728 
2,414 
37,142 
Net book value
At 28 February 2025
185,521 
17,419 
2,803 
205,743 
At 29 February 2024
185,521 
21,774 
3,504 
210,799 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,537 
10,177 
Trade debtors
72,459 
81,299 
Accrued income and prepayments
3,801 
6,308 
Other debtors
- 
3,245 
78,797 
101,029 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
196,925 
Trade creditors
95,404 
137,942 
Taxes and social security
52,121 
1,567 
Other creditors
10,712 
- 
Loans from directors
160,494 
41,471 
Accruals
7,000 
3,817 
325,731 
381,722 
8
Average number of employees
During the year the average number of employees was 8 (2024: 8).
- 6 -