Abbreviated Company Accounts - PHEMACARE LTD

07476916 PHEMACARE LTD 2015-12-31 false 2015-01-01 2015-12-31 true 07476916 2015-01-01 2015-12-31 07476916 2015-12-31 07476916 2014-12-31 07476916 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07476916 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07476916

PHEMACARE LTD

Abbreviated Accounts

31 December 2015

PHEMACARE LTD Registered Number 07476916

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,048	3,125
		6,048	3,125
Current assets
Debtors	3	31,141	16,000
Cash at bank and in hand		16,667	2,940
		47,808	18,940
Creditors: amounts falling due within one year	4	(39,993)	(20,145)
Net current assets (liabilities)		7,815	(1,205)
Total assets less current liabilities		13,863	1,920
Creditors: amounts falling due after more than one year	4	-	(233)
Total net assets (liabilities)		13,863	1,687
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		13,862	1,686
Shareholders' funds		13,863	1,687

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 September 2016

And signed on their behalf by:
Mr Olalekan Odetola, Director

PHEMACARE LTD Registered Number 07476916

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets

	£
Cost
At 1 January 2015	7,500
Additions	4,435
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	11,935
Depreciation
At 1 January 2015	4,375
Charge for the year	1,512
On disposals	-
At 31 December 2015	5,887
Net book values
At 31 December 2015	6,048
At 31 December 2014	3,125

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	31,141	16,000

4Creditors

	2015 £	2014 £
Secured Debts	39,993	20,145

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1