Mauripharm Limited - Abbreviated accounts 16.1

Mauripharm Limited - Abbreviated accounts 16.1

MAURIPHARM LIMITED - Company Information

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REGISTERED NUMBER: 03120490 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

MAURIPHARM LIMITED

MAURIPHARM LIMITED (REGISTERED NUMBER: 03120490)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

MAURIPHARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







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
Page 1
MAURIPHARM LIMITED (REGISTERED NUMBER: 03120490)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 13,600 20,400
Tangible assets 3 630,584 656,334
Investments 4 7,863 7,863
652,047 684,597

CURRENT ASSETS
Stocks 91,074 86,392
Debtors 267,375 316,266
Cash at bank and in hand 26,203 8,341
384,652 410,999
CREDITORS
Amounts falling due within one year 336,901 394,550
NET CURRENT ASSETS 47,751 16,449
TOTAL ASSETS LESS CURRENT
LIABILITIES
699,798
701,046

CREDITORS
Amounts falling due after more than one
year
5
442,571
490,046
NET ASSETS 257,227 211,000

CAPITAL AND RESERVES
Called up share capital 6 2 2
Revaluation reserve 86,854 86,854
Profit and loss account 170,371 124,144
SHAREHOLDERS' FUNDS 257,227 211,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
MAURIPHARM LIMITED (REGISTERED NUMBER: 03120490)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 13 December 2016 and were signed by:





A C Kureeman - Director


The notes form part of these abbreviated accounts

Page 3
MAURIPHARM LIMITED (REGISTERED NUMBER: 03120490)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


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 January 2015).

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.

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 the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 136,000
AMORTISATION
At 1 April 2015 115,600
Amortisation for year 6,800
At 31 March 2016 122,400
NET BOOK VALUE

At 31 March 2016 13,600
At 31 March 2015 20,400

Page 4 continued...
MAURIPHARM LIMITED (REGISTERED NUMBER: 03120490)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 817,765
DEPRECIATION
At 1 April 2015 161,431
Charge for year 25,750
At 31 March 2016 187,181
NET BOOK VALUE
At 31 March 2016 630,584
At 31 March 2015 656,334

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2015
and 31 March 2016 7,863
NET BOOK VALUE
At 31 March 2016 7,863
At 31 March 2015 7,863

5. CREDITORS

Creditors include an amount of £ 442,571 (2015 - £ 490,046 ) for which security has been given.

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

2016 2015
£    £   
Repayable by instalments 442,571 490,046

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2 Ordinary 1 2 2

Page 5