Rohpharm Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01468939 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Rohpharm Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R R Patel

J R Patel

SECRETARY:

R B Patel

REGISTERED OFFICE:

149 Cranbrook Road

Ilford

Essex

IG1 4PU

REGISTERED NUMBER:

01468939 (England and Wales)

ACCOUNTANTS:

R G Associates

123 Eastern Avenue

Ilford

Essex

IG4 5AN

FIXED ASSETS

Tangible assets

2

71,033

98,486

CURRENT ASSETS

Stocks

132,678

153,921

Debtors

153,849

175,343

Cash in hand

4,572

2,620

291,099

331,884

CREDITORS

Amounts falling due within one year

3

368,908

378,106

NET CURRENT LIABILITIES

(77,809

)

(46,222

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,776

)

52,264

CREDITORS

Amounts falling due after more than one year

3

30,910

46,092

NET (LIABILITIES)/ASSETS

(37,686

)

6,172

CAPITAL AND RESERVES

Called up share capital

4

10,000

10,000

Profit and loss account

(47,686

)

(3,828

)

SHAREHOLDERS' FUNDS

(37,686

)

6,172

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 directors acknowledge their 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 Board of Directors on 22 June 2015 and were signed on its behalf by:

R R Patel - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis, the validity of which depends upon

continued financial support by the directors and creditors. The directors are confident that the company will be

able to continue for the foreseeable future and on this basis the directors consider it appropriate to prepare the

financial statement on a going concern basis. The financial statements do not include any adjustments that would

result from a failure to obtain the above financial support.

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

316,997

Additions

671

Disposals

(24,895

)

At 30 September 2014

292,773

DEPRECIATION

At 1 October 2013

218,511

Charge for year

27,623

Eliminated on disposal

(24,394

)

At 30 September 2014

221,740

NET BOOK VALUE

At 30 September 2014

71,033

At 30 September 2013

98,486

3.

CREDITORS

Creditors include an amount of £ 87,323 (30.9.13 - £ 99,469 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

10,000

Ordinary

£1

10,000

10,000

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 September 2014, the company owed the following amounts to the directors:

R R Patel £30,365

J R Patel £51,865