Abbreviated Company Accounts - ESPEE PHARMA (UK) LIMITED

ESPEE PHARMA (UK) LIMITED - Company Information

08868139 ESPEE PHARMA (UK) LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 08868139 2015-07-01 2016-06-30 08868139 2016-06-30 08868139 2015-06-30 08868139 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08868139 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08868139

ESPEE PHARMA (UK) LIMITED

Abbreviated Accounts

30 June 2016

ESPEE PHARMA (UK) LIMITED Registered Number 08868139

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	493	-
		493	-
Current assets
Stocks		18,657	27,036
Debtors		33,865	46,250
Cash at bank and in hand		105,321	17,618
		157,843	90,904
Creditors: amounts falling due within one year		(128,767)	(63,498)
Net current assets (liabilities)		29,076	27,406
Total assets less current liabilities		29,569	27,406
Creditors: amounts falling due after more than one year		(19,950)	(19,950)
Total net assets (liabilities)		9,619	7,456
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		9,519	7,356
Shareholders' funds		9,619	7,456

For the year ending 30 June 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 31 March 2017

And signed on their behalf by:
Mr N Patel, Director

ESPEE PHARMA (UK) LIMITED Registered Number 08868139

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Valuation information and policy
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 July 2015	-
Additions	657
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	657
Depreciation
At 1 July 2015	-
Charge for the year	164
On disposals	-
At 30 June 2016	164
Net book values
At 30 June 2016	493
At 30 June 2015	-

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100