Mona Pharm Ltd
|
Registered number: |
08612138
|
Balance Sheet |
as at 31 July 2018
|
|
Notes |
|
|
2018 |
|
|
2017 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
512 |
|
|
640 |
|
Current assets |
Debtors |
4 |
|
1,027 |
|
|
4,935 |
Cash at bank and in hand |
|
|
6,726 |
|
|
6,726 |
|
|
|
7,753 |
|
|
11,661 |
|
Creditors: amounts falling due within one year |
5 |
|
(25) |
|
|
(4,036) |
|
Net current assets |
|
|
|
7,728 |
|
|
7,625 |
|
Total assets less current liabilities |
|
|
|
8,240 |
|
|
8,265 |
|
|
Provisions for liabilities |
|
|
|
(97) |
|
|
(122) |
|
|
Net assets |
|
|
|
8,143 |
|
|
8,143 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
8,142 |
|
|
8,142 |
|
Shareholder's funds |
|
|
|
8,143 |
|
|
8,143 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
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The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
Mohammed Nabeel |
Director |
Approved by the board on 26 April 2019
|
|
Mona Pharm Ltd
|
Notes to the Accounts |
for the year ended 31 July 2018
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services.
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
|
Equipment, Fixtures & Fittings |
20% reducing balance |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price).
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
|
|
|
2 |
Employees |
2018 |
|
2017 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 August 2017 |
1,000 |
|
At 31 July 2018 |
1,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2017 |
360 |
|
Charge for the year |
128 |
|
At 31 July 2018 |
488 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2018 |
512 |
|
At 31 July 2017 |
640 |
|
|
4 |
Debtors |
2018 |
|
2017 |
£ |
£ |
|
|
Other debtors |
1,027 |
|
4,935 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
£ |
£ |
|
|
Taxation and social security costs |
- |
|
3,286 |
|
Other creditors |
25 |
|
750 |
|
|
|
|
|
|
25 |
|
4,036 |
|
|
|
|
|
|
|
|
|
|
6 |
Controlling party |
|
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In the opinion of the director, the company is solely controlled by Mohamemd Nabeel.
|
|
|
7 |
Other information |
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|
Mona Pharm Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
1 Ashbourne Road |
|
Birmingham |
|
B16 0JT |