For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02278935
Nash Pharmacy Limited
For the year ended 31 March 2015
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Nash Pharmacy Limited
Accountant's Report
For the year ended 31 March 2015
Accountants
'
report on the unaudited financial statements to the directors of Nash Pharmacy Limited
.
|
In accordance with our terms of engagement and in order to assist you to fulfill your duties under the Companies
|
Act
2006
,
we have compiled the financial statements of the company for the period ending
31
March
2015
which
|
comprise the Profit and Loss Account
,
the Balance Sheet and the related notes from the accounting records and
|
information and explanations you have given to us
.
|
This report is made to the company
'
s Board of Directors
,
as a body
,
in accordance with the terms of our
|
engagement
.
Our work has been undertaken so that we might compile the financial statements that we have been
|
engaged to compile
,
report to the company
'
s Board of Directors that we have done so and state those matter that
|
we have agreed to state to them in this report and for no other purpose
.
To the fullest extent permitted by law
,
we
|
do not accept or assume responsibility to anyone other than the company and the company
'
s Board of Directors
,
as
|
a body
,
for our work or for this report
.
|
You have acknowledged on the Balance Sheet as at
31
March
2015
your duty to ensure that the company has kept
|
the correct accounting records and to prepare financial statements that give a true and fair view under the
|
Companies Act
2006
.
You consider that the company is exempt form statutory requirement for an audit for the
|
period
.
|
We have not been instructed to carry out and audit of the financial statements
.
For this reason
,
we have not
|
verified the accuracy or completeness of the accounting records or information and explanations you have given to
|
us and we do not
,
therefore
,
express any opinion on the financial statements
.
|
Stonebridge Accountants
19a Chorley Old Road
Bolton
Lancashire
BL1 3AD
23 December 2015
1 of 4
Notes to the Abbreviated Financial Statements
|
Nash Pharmacy Limited
For the year ended 31 March 2015
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
Turnover represents amounts receivable for goods and services provided by the company excluding value added tax and derives entirely from operations within the United Kingdom.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Acquired goodwill is stated at cost less amortisation
.
Amortisation is calculated on a straight line basis over the
|
estimated expected useful economic life of the goodwill of
10
years
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and Buildings
Property Improvements
Motor Vehicles
Fixtures and Fittings
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
3 of 4
Notes to the Abbreviated Financial Statements
|
Nash Pharmacy Limited
For the year ended 31 March 2015
2
Intangible fixed assets
|
582,400
582,400
66,945
10,309
Charge for year
77,254
505,146
515,455
1,150,092
1,150,092
428,465
30,247
Charge for year
458,712
691,380
721,627
2014
2015
4
Creditors due after more than one year
|
128,875
303,123
Bank loans and overdrafts (secured)
262,520
347,521
391,395
650,644
Allotted called up and fully paid
|
2015
2014
100
Class A shares of £
1
.
00
each
|
100
100
100
100
4 of 4