Abbreviated Company Accounts - FAIRVIEW PHARMACY LIMITED

FAIRVIEW PHARMACY LIMITED - Company Information

07472363 FAIRVIEW PHARMACY LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07472363 2014-01-01 2014-12-31 07472363 2014-12-31 07472363 2013-12-31 07472363 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07472363 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07472363

FAIRVIEW PHARMACY LIMITED

Abbreviated Accounts

31 December 2014

FAIRVIEW PHARMACY LIMITED Registered Number 07472363

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	7,319	42
		7,319	42
Current assets
Stocks		54,855	49,525
Debtors		239,341	221,939
Cash at bank and in hand		539,987	381,865
		834,183	653,329
Creditors: amounts falling due within one year		(403,902)	(389,486)
Net current assets (liabilities)		430,281	263,843
Total assets less current liabilities		437,600	263,885
Total net assets (liabilities)		437,600	263,885
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		437,500	263,785
Shareholders' funds		437,600	263,885

For the year ending 31 December 2014 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 30 September 2015

And signed on their behalf by:
J Merali, Director

FAIRVIEW PHARMACY LIMITED Registered Number 07472363

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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
Turnover represents amounts receivable for goods and services supplied, net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment - 20% on cost straight line basis
Motor vehicles - 25% on cost straight line basis

2Tangible fixed assets

	£
Cost
At 1 January 2014	108
Additions	9,665
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	9,773
Depreciation
At 1 January 2014	66
Charge for the year	2,388
On disposals	-
At 31 December 2014	2,454
Net book values
At 31 December 2014	7,319
At 31 December 2013	42

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

The ultimate controlling party was Linebase Limited, by virtue of its 100% control of company's ordinary share capital.