SQR PHARMA CONSULTING LTD Company accounts
SQR PHARMA CONSULTING LTD Company accounts
COMPANY REGISTRATION NUMBER:
08901689
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Financial Statements |
Year ended 31 December 2021
Contents |
Page |
Directors' report |
1 |
Income statement |
2 |
Statement of financial position |
3 |
Statement of changes in equity |
5 |
Notes to the financial statements |
6 |
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Directors' Report |
Year ended 31 December 2021
The directors present their report and the unaudited financial statements of the company for the year ended
31 December 2021
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Principal activities
Directors
The directors who served the company during the year were as follows:
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(Appointed
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Small company provisions
This report was approved by the board of directors on
8 August 2022
and signed on behalf of the board by:
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Director |
Director |
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Director |
Director |
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Income Statement |
Year ended 31 December 2021
2021 |
2020 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
(
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(
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------------ |
------------ |
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Gross profit |
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Administrative expenses |
(
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(
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------------ |
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Operating profit |
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Interest payable and similar expenses |
– |
(
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Profit before taxation |
6 |
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Tax on profit |
(
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(
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--------- |
--------- |
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Profit for the financial year |
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--------- |
--------- |
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All the activities of the company are from continuing operations.
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
7 |
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Investments |
8 |
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Current assets
Debtors |
9 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
10 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Merge reserve |
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Profit and loss account |
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Shareholders funds |
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Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
8 August 2022
, and are signed on behalf of the board by:
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Director |
Director |
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Director |
Director |
Company registration number:
08901689
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Statement of Changes in Equity |
Year ended 31 December 2021
Called up share capital |
Merge reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 January 2020 |
– |
– |
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Profit for the year |
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Other comprehensive income for the year: |
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Movement of the year |
– |
2,614,297 |
– |
2,614,297
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Total comprehensive income for the year |
– |
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Issue of shares |
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– |
– |
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Dividends paid and payable |
– |
– |
(
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(
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Total investments by and distributions to owners |
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– |
(
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At 31 December 2020 |
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Profit for the year |
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Other comprehensive income for the year: |
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Movement of the year |
– |
(45,642)
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– |
(45,642)
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Total comprehensive income for the year |
– |
(
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Dividends paid and payable |
– |
– |
(
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(
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Redemption of shares |
(
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– |
– |
(
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-------- |
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Total investments by and distributions to owners |
(
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– |
(
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(
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--------- |
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At 31 December 2021 |
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Notes to the Financial Statements |
Year ended 31 December 2021
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 502 30 Great Guildford Street, London, SE1 0HS, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Foreign currencies
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:
Plant and machinery |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Defined contribution plans
4.
Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
6.
Profit before taxation
Profit before taxation is stated after charging:
2021 |
2020 |
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£ |
£ |
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Depreciation of tangible assets |
– |
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7.
Tangible assets
Plant and machinery |
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£ |
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Cost |
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At 1 January 2021 and 31 December 2021 |
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Depreciation |
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At 1 January 2021 and 31 December 2021 |
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Carrying amount |
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At 31 December 2021 |
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At 31 December 2020 |
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8.
Investments
Shares in group undertakings |
Loans to participating interests |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 January 2021 and 31 December 2021 |
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Impairment |
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At 1 January 2021 and 31 December 2021 |
– |
– |
– |
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Carrying amount |
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At 31 December 2021 |
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At 31 December 2020 |
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Subsidiaries, associates and other investments
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Ordinary |
30 |
9.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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10.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Director loan accounts |
– |
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Other creditors |
1,612,812
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– |
Other creditors |
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