Company Registration No. 07156822 (England and Wales)
Interdesign Pharmcare Limited
Abbreviated unaudited accounts
for the year ended 28 February 2015
Interdesign Pharmcare Limited
Abbreviated Balance Sheet
as at 28 February 2015
Cash at bank and in hand
18,196
2,888
Creditors: amounts falling due within one year
(3,128)
(12,103)
Net current assets
15,068
10,237
Called up share capital
1
1
Profit and loss account
15,697
10,683
Total shareholders' funds
15,698
10,684
For the year ending 28 February 2015 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 19 November 2015
I Plowman
Director
Company Registration No. 07156822
Interdesign Pharmcare Limited
Notes to the Abbreviated Accounts
for the year ended 28 February 2015
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% straight line
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
2
Tangible fixed assets
Plant & machinery
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
