Mauripharm Limited T/A Buckley Pharmacy - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03120490 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

MAURIPHARM LIMITED T/A BUCKLEY PHARMACY

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A C Kureeman

SECRETARY:

N Baurhoo

REGISTERED OFFICE:

224 Barnett Wood Lane

Ashtead

Surrey

KT21 2DB

REGISTERED NUMBER:

03120490 (England and Wales)

ACCOUNTANTS:

Owadally & King

Chartered Certified Accountants

73 Park Lane

Croydon

Surrey

CR0 1JG

FIXED ASSETS

Intangible assets

2

20,400

27,200

Tangible assets

3

656,334

684,088

Investments

4

7,863

7,763

684,597

719,051

CURRENT ASSETS

Stocks

86,392

73,375

Debtors

316,266

324,991

Cash at bank and in hand

8,341

9,688

410,999

408,054

CREDITORS

Amounts falling due within one year

394,550

352,431

NET CURRENT ASSETS

16,449

55,623

TOTAL ASSETS LESS CURRENT LIABILITIES

701,046

774,674

CREDITORS

Amounts falling due after more than one year

5

490,046

539,913

NET ASSETS

211,000

234,761

CAPITAL AND RESERVES

Called up share capital

6

2

2

Revaluation reserve

86,854

86,854

Profit and loss account

124,144

147,905

SHAREHOLDERS' FUNDS

211,000

234,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 10 December 2015 and were signed by:

A C Kureeman - 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 represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost and 20% on reducing balance

Stocks

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

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

136,000

AMORTISATION

At 1 April 2014

108,800

Amortisation for year

6,800

At 31 March 2015

115,600

NET BOOK VALUE

At 31 March 2015

20,400

At 31 March 2014

27,200

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

817,765

DEPRECIATION

At 1 April 2014

133,677

Charge for year

27,754

At 31 March 2015

161,431

NET BOOK VALUE

At 31 March 2015

656,334

At 31 March 2014

684,088

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

7,763

Additions

100

At 31 March 2015

7,863

NET BOOK VALUE

At 31 March 2015

7,863

At 31 March 2014

7,763

5.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

490,046

539,913

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

1

2

2