Pharmcroft Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03967159 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Pharmcroft Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Wendl

SECRETARY:

Mrs R Wendl

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

03967159 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

2

1

167

CURRENT ASSETS

Stocks

1,050

1,050

Debtors

8,909

8,725

Cash at bank

4,617

3,203

14,576

12,978

CREDITORS

Amounts falling due within one year

21,760

17,805

NET CURRENT LIABILITIES

(7,184

)

(4,827

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,183

)

(4,660

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(7,283

)

(4,760

)

SHAREHOLDERS' FUNDS

(7,183

)

(4,660

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 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 28 January 2015 and were signed by:

P Wendl - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

4,373

DEPRECIATION

At 1 May 2013

4,206

Charge for year

166

At 30 April 2014

4,372

NET BOOK VALUE

At 30 April 2014

1

At 30 April 2013

167

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

100

Ordinary

£1

100

100