Company Registration No. 05316950 (England and Wales)
ANJI'S PHARMACY LIMITED
Unaudited accounts
for the year ended 30 September 2022
ANJI'S PHARMACY LIMITED
Unaudited accounts
Contents
ANJI'S PHARMACY LIMITED
Company Information
for the year ended 30 September 2022
Directors
Venichand Harania
Dr Sakthivel Thiagarajan
Company Number
05316950 (England and Wales)
Registered Office
550 UXBRIDGE ROAD
PINNER
MIDDLESEX
HA5 3LX
UK
Accountants
Bhavin Patel & Co Limited
1 Cromwell Road
Borehamwood
Hertfordshire
WD6 4LW
ANJI'S PHARMACY LIMITED
Statement of financial position
as at 30 September 2022
Intangible assets
74,143
98,858
Tangible assets
4,215
6,316
Cash at bank and in hand
481,053
361,077
Creditors: amounts falling due within one year
(147,678)
(197,205)
Net current assets
496,502
403,527
Total assets less current liabilities
574,860
708,701
Creditors: amounts falling due after more than one year
(1,991)
(1,991)
Provisions for liabilities
Net assets
572,428
706,452
Called up share capital
100
100
Profit and loss account
572,328
706,352
Shareholders' funds
572,428
706,452
For the year ending 30 September 2022 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 12 June 2023 and were signed on its behalf by
Venichand Harania
Director
Company Registration No. 05316950
ANJI'S PHARMACY LIMITED
Notes to the Accounts
for the year ended 30 September 2022
ANJI'S PHARMACY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05316950. The registered office is 550 UXBRIDGE ROAD, PINNER, MIDDLESEX, HA5 3LX, UK.
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.
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:
Land & buildings
Over period of lease
Fixtures & fittings
25% Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill amortised over 10 years effective 1 September 2015.
4
Intangible fixed assets
Goodwill
At 30 September 2022
380,227
Charge for the year
24,715
At 30 September 2022
306,084
At 30 September 2022
74,143
At 30 September 2021
98,858
ANJI'S PHARMACY LIMITED
Notes to the Accounts
for the year ended 30 September 2022
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2021
23,460
71,787
95,247
At 30 September 2022
23,460
73,392
96,852
At 1 October 2021
18,500
70,431
88,931
Charge for the year
2,509
1,197
3,706
At 30 September 2022
21,009
71,628
92,637
At 30 September 2022
2,451
1,764
4,215
At 30 September 2021
4,960
1,356
6,316
6
Investments
Other investments
Valuation at 1 October 2021
200,000
Valuation at 30 September 2022
-
Investments include £200,000 made to NR Capricornus LLP. On 11 October 2021, NR Capricornus LLP went into administration. The administrator confirmed that Investment by Anji's Pharmacy Limited of £200,000 are unsecured and no longer recoverable, hence it has been written off.
Amounts falling due within one year
Trade debtors
105,182
171,180
Accrued income and prepayments
3,720
2,139
8
Creditors: amounts falling due within one year
2022
2021
Trade creditors
137,906
135,951
Taxes and social security
663
29,517
Other creditors
1,400
24,426
Loans from directors
5,793
5,798
ANJI'S PHARMACY LIMITED
Notes to the Accounts
for the year ended 30 September 2022
9
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
1,991
1,991
10
Operating lease commitments
2022
2021
At 30 September 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
15,000
15,000
Later than one year and not later than five years
-
15,000
11
Transactions with related parties
Mr V Harania (Director and Shareholder)
-------------------------------------------
Directors' remuneration for the year was £4,800 (2021 : £4,800).
The business premises from which the company operates is owned by Mr V Harania. Mr V Harania charges a rent in the sum of £15,000 per annum to the company with respect to the property.
As at balance sheet date the total amount outstanding to Mr V Harania and his wife, who is a shareholder in the company, is £1,991. This balance is shown within creditors falling due after more than one year. The company is to pay interest on the principal sum or on the balance outstanding from time to time. During the year ended 30 September 2022, no interest has been paid to MR V Harania or his wife.
As at balance sheet date the amount due to Mr V Harania was £2,736 (2021 - £2,736)
Dr S Thiagarajan (Director and Shareholder)
----------------------------------------------
As at balance sheet date the amount due to Dr S Thiagarajan was £3,057 (2021 - £3,057)
12
Average number of employees
During the year the average number of employees was 5 (2021: 5).