Pharmaco 2000 Limited - Accounts to registrar (filleted) - small 18.1
Pharmaco 2000 Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2018 |
| for |
| PHARMACO 2000 LIMITED |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| PHARMACO 2000 LIMITED |
| Company Information |
| for the Year Ended 31 March 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2 Wheeleys Road |
| Edgbaston |
| Birmingham |
| West Midlands |
| B15 2LD |
| BANKERS: |
| 538 Stratford Road |
| Sparkhill |
| Birmingham |
| West Midlands |
| B11 4BD |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Statement of Financial Position |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Share premium | 10 |
| Capital redemption reserve | 10 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Statement of Financial Position - continued |
| 31 March 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2018 |
| 1. | STATUTORY INFORMATION |
| Pharmaco 2000 Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Revenue recognition |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Holiday pay |
| Holiday pay is recognised as an expense in the period in which the service is received. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Short | Plant and |
| leasehold | machinery | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2017 |
| Additions |
| At 31 March 2018 |
| DEPRECIATION |
| At 1 April 2017 |
| Charge for year |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2017 |
| Revaluations | 55,501 |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| Fair value at 31 March 2018 is represented by: |
| £ |
| Valuation in 2018 | 55,501 |
| Cost | 453,270 |
| 508,771 |
| If investment properties had not been revalued they would have been included at the following historical cost: |
| 2018 | 2017 |
| £ | £ |
| Cost | 453,270 | - |
| Investment properties were valued on a fair value basis on 31 March 2018 by the directors . |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Corporation Tax |
| Social security and other taxes |
| VAT | 24,672 | 34,048 |
| Accrued expenses |
| 8. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax | 15,457 | - |
| Deferred |
| tax |
| £ |
| Provided during year |
| Balance at 31 March 2018 |
| Deferred tax on revaluation of properties - £10,545 |
| Deferred tax on timing differences - £4,912 |
| £15,457 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Preference A Shares | £0.25 | 12,719 | 12,719 |
| Ordinary Class B | £0.25 | 9 | 9 |
| Ordinary Class C | £0.25 | 284 | 284 |
| 13,012 | 13,012 |
| . |
| PHARMACO 2000 LIMITED (REGISTERED NUMBER: 02981896) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 10. | RESERVES |
| Capital |
| Retained | Share | redemption |
| earnings | premium | reserve | Totals |
| £ | £ | £ | £ |
| At 1 April 2017 | 1,544,766 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Revaluation | 55,501 | - | - | 55,501 |
| At 31 March 2018 | 1,654,376 |