Pharmaed Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04378897

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015

FOR

PHARMAED LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Lady JJ Nathan

SECRETARY:

Lord RHB Nathan

REGISTERED OFFICE:

Jayes Park Courtyard

Ockley

Dorking

Surrey

RH5 5RR

REGISTERED NUMBER:

04378897

ACCOUNTANTS:

Peter A King

Jayes Park Courtyard

Ockley

Dorking

Surrey

RH5 5RR

FIXED ASSETS

Tangible assets

2

2,639

4,320

CURRENT ASSETS

Debtors

22,478

16,103

Cash at bank

-

13,473

22,478

29,576

CREDITORS

Amounts falling due within one year

17,715

30,469

NET CURRENT ASSETS/(LIABILITIES)

4,763

(893

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,402

3,427

CREDITORS

Amounts falling due after more than one year

-

750

NET ASSETS

7,402

2,677

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

7,401

2,676

SHAREHOLDERS' FUNDS

7,402

2,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 3rd August 2015 and were signed by:

Lady JJ Nathan - 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.

Office Equipment

-

25% on reducing balance

Computer equipment

-

33% on cost

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 1st April 2014

32,092

Additions

422

At 31st March 2015

32,514

DEPRECIATION

At 1st April 2014

27,772

Charge for year

2,103

At 31st March 2015

29,875

NET BOOK VALUE

At 31st March 2015

2,639

At 31st March 2014

4,320

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1