Company Registration No. 13519036 (England and Wales)
Model Pharm Limited
Unaudited accounts
for the year ended 31 July 2023
Model Pharm Limited
Unaudited accounts
Contents
Model Pharm Limited
Company Information
for the year ended 31 July 2023
Director
Mr Oladipo Rasheed Sodunke
Company Number
13519036 (England and Wales)
Registered Office
6 SAMPHIRE ROAD
OXFORD
OX4 6RF
ENGLAND
Accountants
Edmil Accountants UK Ltd
146 Broadway
Didcot
Oxfordshire
OX11 8SH
Model Pharm Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
11,574
27,225
Creditors: amounts falling due within one year
(11,775)
(21,437)
Net current (liabilities)/assets
(201)
5,788
Net (liabilities)/assets
(201)
5,788
Called up share capital
1
1
Profit and loss account
(202)
5,787
Shareholders' funds
(201)
5,788
For the year ending 31 July 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 October 2023 and were signed on its behalf by
Mr Oladipo Rasheed Sodunke
Director
Company Registration No. 13519036
Model Pharm Limited
Notes to the Accounts
for the year ended 31 July 2023
Model Pharm Limited is a private company, limited by shares, registered in England and Wales, registration number 13519036. The registered office is 6 SAMPHIRE ROAD, OXFORD, OX4 6RF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,357
Loans from directors
10,515
20,080
5
Transactions with related parties
At year end, the Company owed the sum of £10,515 (FY:2022 - £20,080) to the Director Mr Oladipo Rasheed Sodunke.
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).