Company Registration No. 01901636 (England and Wales)
N & B CHEMISTS LIMITED
Unaudited accounts
for the year ended 31 March 2019
N & B CHEMISTS LIMITED
Unaudited accounts
Contents
N & B CHEMISTS LIMITED
Company Information
for the year ended 31 March 2019
Directors
Dr P K K Mohamed
Mr A Akram
Mrs S Akram
Mrs S Mohamed
Mrs J Mohamed
Nooji Mohamed
Company Number
01901636 (England and Wales)
Registered Office
1 LIDDELL TERRACE
BENSHAM
GATESHEAD
TYNE AND WEAR
NE8 1YN
Accountants
Caldwell House Consulting
44 Caldwell Road
Birmingham
West Midlands
B9 5TQ
N & B CHEMISTS LIMITED
Statement of financial position
as at 31 March 2019
Tangible assets
26,307
31,935
Cash at bank and in hand
61,030
83,664
Creditors: amounts falling due within one year
(132,111)
(135,223)
Net current assets
116,910
153,786
Total assets less current liabilities
143,219
185,723
Provisions for liabilities
Deferred tax
(4,874)
(5,916)
Net assets
138,345
179,807
Called up share capital
100
100
Profit and loss account
138,245
179,707
Shareholders' funds
138,345
179,807
For the year ending 31 March 2019 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 directors acknowledge their 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.
Approved by the Board on 24 September 2019.
Dr P K K Mohamed
Director
Company Registration No. 01901636
N & B CHEMISTS LIMITED
Notes to the Accounts
for the year ended 31 March 2019
N & B CHEMISTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01901636. The registered office is 1 LIDDELL TERRACE, BENSHAM, GATESHEAD, TYNE AND WEAR, NE8 1YN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents total invoiced including payments received from NHS for prescriptions.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% at reducing balance basis
Fixtures & fittings
20% at reducing balance basis
4
Intangible fixed assets
Goodwill
N & B CHEMISTS LIMITED
Notes to the Accounts
for the year ended 31 March 2019
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2018
8,988
97,214
-
106,202
At 31 March 2019
8,988
97,214
1,083
107,285
At 1 April 2018
6,395
67,872
-
74,267
Charge for the year
648
5,868
195
6,711
At 31 March 2019
7,043
73,740
195
80,978
At 31 March 2019
1,945
23,474
888
26,307
At 31 March 2018
2,593
29,342
-
31,935
Finished goods
55,015
62,196
Trade debtors
102,752
112,803
Other debtors
30,224
30,346
8
Creditors: amounts falling due within one year
2019
2018
Trade creditors
109,716
101,859
Taxes and social security
20,899
31,868
Loans from directors
1,496
1,496
9
Deferred taxation
2019
2018
Accelerated capital allowances
4,874
5,916
Provision at start of year
5,916
7,831
Credited to the profit and loss account
(1,042)
(1,915)
Provision at end of year
4,874
5,916
N & B CHEMISTS LIMITED
Notes to the Accounts
for the year ended 31 March 2019
Allotted, called up and fully paid:
80 Ordinary shares of £1 each
80
80
20 Ordinary shares - B of £1 each
20
20
11
Average number of employees
During the year the average number of employees was 11 (2018: 12).
