Abbreviated Company Accounts - UHS PHARMACY LIMITED

UHS PHARMACY LIMITED - Company Information

08206912 UHS PHARMACY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08206912 2014-04-01 2015-03-31 08206912 2015-03-31 08206912 2014-03-31 08206912 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08206912 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08206912

UHS PHARMACY LIMITED

Abbreviated Accounts

31 March 2015

UHS PHARMACY LIMITED Registered Number 08206912

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	103,655	129,451
		103,655	129,451
Current assets
Stocks		428,609	546,219
Debtors		1,417,270	752,896
Cash at bank and in hand		19,760	56,048
		1,865,639	1,355,163
Creditors: amounts falling due within one year		(1,128,191)	(1,283,038)
Net current assets (liabilities)		737,448	72,125
Total assets less current liabilities		841,103	201,576
Creditors: amounts falling due after more than one year		-	(210,000)
Total net assets (liabilities)		841,103	(8,424)
Capital and reserves
Called up share capital	3	841,103	1
Profit and loss account		-	(8,425)
Shareholders' funds		841,103	(8,424)

For the year ending 31 March 2015 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 13 July 2015

And signed on their behalf by:
ALYSON O'DONNELL, Director

UHS PHARMACY LIMITED Registered Number 08206912

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and Fittings - 14% on cost or revalued amounts, Computer Systems - 20% on cost, Till System - 33% on cost

Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 April 2014	145,312
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	145,312
Depreciation
At 1 April 2014	15,861
Charge for the year	25,796
On disposals	-
At 31 March 2015	41,657
Net book values
At 31 March 2015	103,655
At 31 March 2014	129,451

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

	2015 £	2014 £
841,103 Ordinary shares of £1 each (1 shares for 2014)	841,103	1