MDR Pharma Ltd - Accounts to registrar - small 16.3d

MDR PHARMA LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

Mr M D Roberts

SECRETARY:

Mrs J E Roberts

REGISTERED OFFICE:

Karibu

Tetbury Lane

Crudwell

Malmesbury

Wiltshire

SN16 9HB

REGISTERED NUMBER:

06898420 (England and Wales)

ACCOUNTANTS:

Bowen Accountants Ltd

Chartered Accountants

Griffon House

Seagry Heath

Great Somerford

Wiltshire

SN15 5EN

FIXED ASSETS

9,081

7,532

CURRENT ASSETS

244,454

233,418

CREDITORS

Amounts falling due within one year

(23,675

)

(40,666

)

NET CURRENT ASSETS

220,779

192,752

TOTAL ASSETS LESS CURRENT LIABILITIES

229,860

200,284

ACCRUALS AND DEFERRED INCOME

1,145

1,200

NET ASSETS

228,715

199,084

CAPITAL AND RESERVES

228,715

199,084

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

2016

2015

£

£

Mr M D Roberts

Balance outstanding at start of year

48,518

39,109

Amounts advanced

43,161

133,673

Amounts repaid

(39,102

)

(124,264

)

Balance outstanding at end of year

52,577

48,518

Interest of 3% is being charged on the above loan, there is no fixed repayment term.

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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 December 2016 and were signed by:

Mr M D Roberts - Director