Audenshaw Pharmacy Limited Filleted accounts for Companies House (small and micro)
Audenshaw Pharmacy Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05295689
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Financial Statements |
Year Ended 28 February 2019
Contents |
Page |
Officers and Professional Advisers |
1 |
Statement of Financial Position |
2 |
Notes to the Financial Statements |
4 |
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Officers and Professional Advisers |
The Board of Directors |
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Registered Office |
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Accountants |
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Chartered Accountants |
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41 Greek Street |
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Stockport |
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Cheshire |
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SK3 8AX |
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Bankers |
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Bridle Road |
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Bootle |
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Merseyside |
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L30 4GB |
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed Assets
Tangible assets |
6 |
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Current Assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net Current Assets |
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Total Assets Less Current Liabilities |
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Provisions
Taxation including deferred tax |
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Net Assets |
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Capital and Reserves
Called up share capital |
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Profit and loss account |
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Shareholder Funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
22 November 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
05295689
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Notes to the Financial Statements |
Year Ended 28 February 2019
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Chapel Street, Audenshaw, Manchester, M34 5DE.
2.
Statement of Compliance
3.
Accounting Policies
Basis of Preparation
Judgements and Key Sources of Estimation Uncertainty
Revenue Recognition
Income Tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible Assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and Fittings |
- |
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Impairment of Fixed Assets
Stocks
Provisions
Defined Contribution Plans
4.
Employee Numbers
The average number of persons employed by the company during the year amounted to
15
(2018:
10
).
5.
Intangible Assets
Goodwill |
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£ |
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Cost |
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At 1 March 2018 and 28 February 2019 |
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Amortisation |
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At 1 March 2018 and 28 February 2019 |
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Carrying amount |
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At 28 February 2019 |
– |
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At 28 February 2018 |
– |
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6.
Tangible Assets
Fixtures and fittings |
Total |
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£ |
£ |
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Cost |
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At 1 March 2018 and 28 February 2019 |
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Depreciation |
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At 1 March 2018 |
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Charge for the year |
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At 28 February 2019 |
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Carrying amount |
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At 28 February 2019 |
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At 28 February 2018 |
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7.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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8.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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9.
Directors' Advances, Credits and Guarantees
10.
Related Party Transactions
During the year the company was owed £
1,473,029
( 2018 : £ 1,425,467
) and dividends of £100,000 (2018 : £100,000) were paid to its parent company P & R Mistry Limited
. The loans are interest free and repayable on demand.
11.
Controlling Party
The company's ultimate parent company is
P & R Mistry Limited
, a company incorporated and registered in the UK.