Company Registration No. 06749413 (England and Wales)
PHARMACOVER LOCUMS LTD
UNAUDITED ABBREVIATED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
PHARMACOVER LOCUMS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PHARMACOVER LOCUMS LTD
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2015
30 November 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
99
148
Current assets
Debtors
1,150
537
Cash at bank and in hand
2,318
3,570
3,468
4,107
Creditors: amounts falling due within one year
(5,553)
(4,326)
Net current liabilities
(2,085)
(219)
Total assets less current liabilities
(1,986)
(71)
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
(2,986)
(1,071)
Shareholders' funds
(1,986)
(71)
For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 1 July 2016
Ms M Goss-Rigg
Director
Company Registration No. 06749413
PHARMACOVER LOCUMS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared on a going concern basis which assumes that the directors will continue to support the company.
The financial statements have been prepared on a going concern basis which assumes that the directors will continue to support the company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for services provided.
1.4
Tangible fixed assets and depreciation
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:
Computer equipment
33.3% on reducing balance
Other assets
25% on straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2014 & at 30 November 2015
1,700
Depreciation
At 1 December 2014
1,552
Charge for the year
49
At 30 November 2015
1,601
Net book value
At 30 November 2015
99
At 30 November 2014
148
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary Shares of £1 each
1,000
1,000