Pharma IT Consulting Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08803781 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 5 DECEMBER 2013 TO 31 DECEMBER 2014

FOR

PHARMA IT CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Marron

REGISTERED OFFICE:

2 Mill Road

Haverhill

Suffolk

CB9 8BD

REGISTERED NUMBER:

08803781 (England and Wales)

ACCOUNTANTS:

Hackett Griffey LLP

Chartered Certified Accountants

2 Mill Road

Haverhill

Suffolk

CB9 8BD

FIXED ASSETS

Tangible assets

2

1,880

CURRENT ASSETS

Debtors

19,647

Cash at bank

152

19,799

CREDITORS

Amounts falling due within one year

11,600

NET CURRENT ASSETS

8,199

TOTAL ASSETS LESS CURRENT LIABILITIES

10,079

PROVISIONS FOR LIABILITIES

376

NET ASSETS

9,703

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

9,702

SHAREHOLDERS' FUNDS

9,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 28 August 2015 and were signed by:

P Marron - 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).

Turnover

Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of

VAT.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,227

At 31 December 2014

2,227

DEPRECIATION

Charge for period

347

At 31 December 2014

347

NET BOOK VALUE

At 31 December 2014

1,880

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2014:

£

P Marron

Balance outstanding at start of period

-

Amounts advanced

70,737

Amounts repaid

(51,090

)

Balance outstanding at end of period

19,647

Interest of £357 was charged on the above loan during the period at the rate of 4% / 3.25% p.a.