Pharmnet Group Ltd 31/12/2019 iXBRL
Pharmnet Group Ltd 31/12/2019 iXBRL
Company registration number:
09567599
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Director |
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Company number |
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Registered office |
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Abridged statement of financial position
31 December 2019
2019 | 2018 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year |
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Provisions for liabilities |
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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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Shareholders funds |
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Director's responsibilities:
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The members have 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
05 September 2020
, and are signed on behalf of the board by:
Director
Statement of changes in equity
Year ended 31 December 2019
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 January 2018 |
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Profit for the year |
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Total comprehensive income for the year | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - |
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At 31 December 2018 and 1 January 2019 | - |
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1,177,134 | ||
Profit for the year |
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Total comprehensive income for the year | - |
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Issue of shares |
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Dividends paid and payable |
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Total investments by and distributions to owners |
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At 31 December 2019 |
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Notes to the financial statements
Year ended 31 December 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 Unit 12, Farnborough Business Centre, Eelmore Road, Farnborough, Hampshire, GU14 7XA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
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:
Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Impairment
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2018:
4
).
5.
Tangible assets
£ | ||
Cost | ||
At 1 January 2019 |
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Additions |
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Disposals |
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At 31 December 2019 |
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Depreciation | ||
At 1 January 2019 |
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Charge for the year |
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Disposals |
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At 31 December 2019 |
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Carrying amount | ||
At 31 December 2019 |
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At 31 December 2018 |
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6.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
2019 | 2018 | 2019 | 2018 | ||
£ | £ | £ | £ | ||
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_______ | _______ | _______ | _______ | ||