Abbreviated Company Accounts - PHI-MEDICS LIMITED

PHI-MEDICS LIMITED - Company Information

07608838 PHI-MEDICS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07608838 2015-04-01 2016-03-31 07608838 2016-03-31 07608838 2015-03-31 07608838 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07608838 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07608838

PHI-MEDICS LIMITED

Abbreviated Accounts

31 March 2016

PHI-MEDICS LIMITED Registered Number 07608838

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	467	934
		467	934
Current assets
Debtors		40,157	6,264
Cash at bank and in hand		103,488	106,106
		143,645	112,370
Prepayments and accrued income		-	1,222
Creditors: amounts falling due within one year		(11,736)	(4,932)
Net current assets (liabilities)		131,909	108,660
Total assets less current liabilities		132,376	109,594
Accruals and deferred income		(3,480)	(1,719)
Total net assets (liabilities)		128,896	107,875
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		128,895	107,874
Shareholders' funds		128,896	107,875

For the year ending 31 March 2016 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 15 December 2016

And signed on their behalf by:
C Wilkinson Blanc, Director

PHI-MEDICS LIMITED Registered Number 07608838

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost accounting rules, modified
to include the revaluation of properties, and in accordance with the Financial Reporting Standard
for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts invoiced, excluding value added tax, derived from the provision
of services to customers during the year.

Tangible assets depreciation policy
Depreciation is provided by the company to write off the cost less the estimated residual value
of tangible fixed assets by instalments over their estimated useful economic lives as follows:
Fixtures and equipment
- 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,951
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	4,951
Depreciation
At 1 April 2015	4,017
Charge for the year	467
On disposals	-
At 31 March 2016	4,484
Net book values
At 31 March 2016	467
At 31 March 2015	934

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1