Pharm-assist (Regulatory Services) Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05364125 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

PHARM-ASSIST (REGULATORY SERVICES)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J A Turner

SECRETARY:

P A Lee

REGISTERED OFFICE:

150 High Street

Sevenoaks

Kent

TN13 1XE

REGISTERED NUMBER:

05364125 (England and Wales)

ACCOUNTANTS:

Greenaway Chartered Accountants

150 High Street

Sevenoaks

Kent

TN13 1XE

FIXED ASSETS

Tangible assets

4

-

483

CURRENT ASSETS

Debtors

5

15,440

11,901

Cash at bank

90,968

111,070

106,408

122,971

CREDITORS

Amounts falling due within one year

6

28,586

31,097

NET CURRENT ASSETS

77,822

91,874

TOTAL ASSETS LESS CURRENT LIABILITIES

77,822

92,357

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

77,820

92,355

SHAREHOLDERS' FUNDS

77,822

92,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:

Mrs J A Turner - Director

1.	STATUTORY INFORMATION

Pharm-assist (Regulatory Services) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2023

and 29 February 2024

4,470

DEPRECIATION

At 1 March 2023

3,987

Charge for year

483

At 29 February 2024

4,470

NET BOOK VALUE

At 29 February 2024

-

At 28 February 2023

483

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/2/24

28/2/23

£

£

Trade debtors

13,878

11,231

Other debtors

1,562

670

15,440

11,901

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/2/24

28/2/23

£

£

Taxation and social security

26,990

28,214

Other creditors

1,596

2,883

28,586

31,097

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29/2/24

28/2/23

£

£

Mrs J A Turner

Balance outstanding at start of year

1,323

(29,523

)

Amounts advanced

16,348

34,615

Amounts repaid

(18,592

)

(3,769

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(921

)

1,323

The director's loan was repaid in March 2024.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director and sole shareholder Julie Turner.