Pharmaed Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04378897

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2014

FOR

PHARMAED LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

4,320

4,073

CURRENT ASSETS

Debtors

16,103

4,835

Cash at bank

13,473

7,251

29,576

12,086

CREDITORS

Amounts falling due within one year

30,469

8,408

NET CURRENT (LIABILITIES)/ASSETS

(893

)

3,678

TOTAL ASSETS LESS CURRENT LIABILITIES

3,427

7,751

CREDITORS

Amounts falling due after more than one year

750

5,750

NET ASSETS

2,677

2,001

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

2,676

2,000

SHAREHOLDERS' FUNDS

2,677

2,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 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 17th June 2014 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 2013

29,256

Additions

2,836

At 31st March 2014

32,092

DEPRECIATION

At 1st April 2013

25,183

Charge for year

2,589

At 31st March 2014

27,772

NET BOOK VALUE

At 31st March 2014

4,320

At 31st March 2013

4,073

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1