WATERTON PHARMACY LIMITED

WATERTON PHARMACY LIMITED

WATERTON PHARMACY LIMITED - Company Information

Print Friendly Version

1 October 2020 false No description of principal activity Taxfiler 2022.6 06309748business:PrivateLimitedCompanyLtd2020-10-012021-09-30 063097482020-09-30 063097482020-10-012021-09-30 06309748business:AuditExempt-NoAccountantsReport2020-10-012021-09-30 06309748business:FullAccounts2020-10-012021-09-30 063097482021-09-30 06309748business:Director12020-10-012021-09-30 06309748business:Director22020-10-012021-09-30 06309748business:RegisteredOffice2020-10-012021-09-30 063097482020-09-30 06309748core:WithinOneYear2021-09-30 06309748core:WithinOneYear2020-09-30 06309748core:AfterOneYear2021-09-30 06309748core:AfterOneYear2020-09-30 06309748core:ShareCapital2021-09-30 06309748core:ShareCapital2020-09-30 06309748core:SharePremium2021-09-30 06309748core:SharePremium2020-09-30 06309748core:CapitalRedemptionReserve2021-09-30 06309748core:CapitalRedemptionReserve2020-09-30 06309748core:RetainedEarningsAccumulatedLosses2021-09-30 06309748core:RetainedEarningsAccumulatedLosses2020-09-30 06309748business:SmallEntities2020-10-012021-09-30 06309748countries:EnglandWales2020-10-012021-09-30 06309748core:PlantMachinery2020-10-012021-09-30 06309748core:MotorVehicles2020-10-012021-09-30 06309748core:FurnitureFittings2020-10-012021-09-30 06309748core:ComputerEquipment2020-10-012021-09-30 06309748core:PlantMachinery2020-09-30 06309748core:MotorVehicles2020-09-30 06309748core:FurnitureFittings2020-09-30 06309748core:ComputerEquipment2020-09-30 06309748core:PlantMachinery2021-09-30 06309748core:MotorVehicles2021-09-30 06309748core:FurnitureFittings2021-09-30 06309748core:ComputerEquipment2021-09-30 063097482019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 06309748 (England and Wales)
WATERTON PHARMACY LIMITED Unaudited accounts for the year ended 30 September 2021
WATERTON PHARMACY LIMITED Unaudited accounts Contents
Page
- 2 -
WATERTON PHARMACY LIMITED Company Information for the year ended 30 September 2021
Directors
Fabio Carbiner Ramin Carbiner
Company Number
06309748 (England and Wales)
Registered Office
12 St. Clare Road Colchester Essex CO3 3SZ England
- 3 -
WATERTON PHARMACY LIMITED Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,925 
7,173 
Current assets
Inventories
45,682 
57,930 
Debtors
5
409,449 
344,777 
Cash at bank and in hand
37,442 
12,232 
492,573 
414,939 
Creditors: amounts falling due within one year
6
(292,858)
(279,671)
Net current assets
199,715 
135,268 
Total assets less current liabilities
205,640 
142,441 
Creditors: amounts falling due after more than one year
7
(46,667)
(50,000)
Provisions for liabilities
Deferred tax
- 
(69)
Net assets
158,973 
92,372 
Capital and reserves
Called up share capital
500 
500 
Share premium
71,764 
71,764 
Capital redemption reserve
33 
33 
Profit and loss account
86,676 
20,075 
Shareholders' funds
158,973 
92,372 
For the year ending 30 September 2021 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.
The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2022 and were signed on its behalf by
Fabio Carbiner Director Company Registration No. 06309748
- 4 -
WATERTON PHARMACY LIMITED Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
WATERTON PHARMACY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06309748. The registered office is 12 St. Clare Road, Colchester, Essex, CO3 3SZ, England.
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
33.33% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.33% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
- 5 -
WATERTON PHARMACY LIMITED Notes to the Accounts for the year ended 30 September 2021
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2020
17,187 
6,484 
122,969 
7,819 
154,459 
Additions
727 
- 
- 
- 
727 
At 30 September 2021
17,914 
6,484 
122,969 
7,819 
155,186 
Depreciation
At 1 October 2020
17,187 
6,484 
115,796 
7,819 
147,286 
Charge for the year
1,975 
- 
- 
- 
1,975 
At 30 September 2021
19,162 
6,484 
115,796 
7,819 
149,261 
Net book value
At 30 September 2021
(1,248)
- 
7,173 
- 
5,925 
At 30 September 2020
- 
- 
7,173 
- 
7,173 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
23,196 
25,691 
Trade debtors
186,162 
149,120 
Amounts due from group undertakings etc.
199,966 
169,966 
Deferred tax asset
125 
- 
409,449 
344,777 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
143,031 
138,126 
Taxes and social security
25,251 
16,439 
Other creditors
- 
312 
Loans from directors
121,882 
122,128 
Accruals
2,694 
2,666 
292,858 
279,671 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
46,667 
50,000 
8
Transactions with related parties
As at 30 September 2021 ,the Eld Lane Management Ltd owed 84983/- and Carbiner Ltd owed 114983/- which are owned by Dr R Carbiner & Dr F Carbiner.
9
Controlling party
The company is controlled by Mr F Carbiner.
- 6 -
WATERTON PHARMACY LIMITED Notes to the Accounts for the year ended 30 September 2021
10
Average number of employees
During the year the average number of employees was 11 (2020: 13).
- 7 -