Micro-entity Accounts - PHARMADYNAMICS UK LIMITED

PHARMADYNAMICS UK LIMITED - Company Information

06593031 PHARMADYNAMICS UK LIMITED 2017-05-31 false 2016-06-01 2017-05-31 true 06593031 2016-06-01 2017-05-31 06593031 2017-05-31 06593031 2016-05-31 06593031 uk-gaap-cd-bus:Director1 2016-06-01 2017-05-31 06593031 uk-gaap-cd-bus:Director2 2016-06-01 2017-05-31 06593031 uk-gaap-cd-bus:AllEntityOfficers 2016-06-01 2017-05-31 iso4217:GBP shares

Registered Number 06593031

PHARMADYNAMICS UK LIMITED

Micro-entity Accounts

31 May 2017

PHARMADYNAMICS UK LIMITED Registered Number 06593031

Micro-entity Balance Sheet as at 31 May 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	3,987	3,851
		3,987	3,851
Current assets
Stocks		10,426	9,738
Debtors		7,002	6,301
Cash at bank and in hand		34,724	27,264
		52,152	43,303
Creditors: amounts falling due within one year		(13,375)	(11,828)
Net current assets (liabilities)		38,777	31,475
Total assets less current liabilities		42,764	35,326
Total net assets (liabilities)		42,764	35,326
Capital and reserves
Called up share capital		1	1
Profit and loss account		42,763	35,325
Shareholders' funds		42,764	35,326

For the year ending 31 May 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 February 2018

And signed on their behalf by:
TONY IRECHUKWU, Director

PHARMADYNAMICS UK LIMITED Registered Number 06593031

Notes to the Micro-entity Accounts for the period ended 31 May 2017

1Tangible fixed assets

	£
Cost
At 1 June 2016	11,135
Additions	1,139
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2017	12,274
Depreciation
At 1 June 2016	7,284
Charge for the year	1,003
On disposals	-
At 31 May 2017	8,287
Net book values
At 31 May 2017	3,987
At 31 May 2016	3,851

2Accounting 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.