Pharmamedic Consultancy Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07364364 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Pharmamedic Consultancy Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

967

-

CURRENT ASSETS

Debtors

133,655

4,579

Cash at bank

6,362

19,722

140,017

24,301

CREDITORS

Amounts falling due within one year

62,303

30,122

NET CURRENT ASSETS/(LIABILITIES)

77,714

(5,821

)

TOTAL ASSETS LESS CURRENT LIABILITIES

78,681

(5,821

)

CAPITAL AND RESERVES

Called up share capital

3

100

1

Profit and loss account

78,581

(5,822

)

SHAREHOLDERS' FUNDS

78,681

(5,821

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 May 2015 and were signed by:

Dr M F Barratt-Johnson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

Straight line over 4 years

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,290

At 30 September 2014

1,290

DEPRECIATION

Charge for year

323

At 30 September 2014

323

NET BOOK VALUE

At 30 September 2014

967

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

98

Ordinary

£1

98

1

1

Ordinary A

£1

1

-

1

Ordinary B

£1

1

-

100

1

The following shares were issued during the year for cash at par :

97 Ordinary shares of £1

1 Ordinary A share of £1

1 Ordinary B share of £1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2014 and

30 September 2013:

2014

2013

£

£

Dr M F Barratt-Johnson

Balance outstanding at start of year

(6,803

)

5,535

Amounts advanced

163,724

89,288

Amounts repaid

(60,392

)

(101,626

)

Balance outstanding at end of year

96,529

(6,803

)

Interest was charged on all loans at HMRC approved rates.