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REGISTERED NUMBER: 00811731 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Institute of Pharmacy Management
International Limited

The Institute of Pharmacy Management
International Limited (Registered number: 00811731)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Institute of Pharmacy Management
International Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: H Modi





REGISTERED OFFICE: Bank Chambers
High Street
Cranbrook
Kent
TN17 3EG





REGISTERED NUMBER: 00811731 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG

The Institute of Pharmacy Management
International Limited (Registered number: 00811731)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Cash at bank 3,350 3,713

CREDITORS
Amounts falling due within one year 4 375 360
NET CURRENT ASSETS 2,975 3,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,975

3,353

RESERVES
Retained earnings 2,975 3,353
2,975 3,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:




H Modi - Director


The Institute of Pharmacy Management
International Limited (Registered number: 00811731)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Institute of Pharmacy Management International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

In September 2016, the Board resolved that the company would cease trading and be wound up in due course. Therefore, it had been decided that the going concern basis was no longer appropriate. However, in 2017-18, the majority of the board resigned and a new director was appointed who had plans to revive the Company.

Under the Company's Articles of Association, the company is required to have a quorum of more than 2 directors at a Board Meeting. The company currently only has one director so is operating outside its Articles of Association. In these circumstances, the company should be dissolved and the remaining reserves should be sent to an organisation with similar objectives.

Despite this, the director's intention is to revive the company and appoint new directors so the company has not been dissolved. However, at this stage, there have been no firm developments and no new directors have been appointed. As a result, these accounts have been prepared on a breakup basis. As the company has bank accounts and other assets and liabilities are expected to be realised or settled at their face value, no adjustments are required to the figures as they would have been presented on a going concern basis.

Turnover
Turnover represents any uncancelled subscriptions received during the year and other income relating to the principal activity of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 375 360

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr H Modi.

The Institute of Pharmacy Management
International Limited (Registered number: 00811731)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

In the event of the company being wound up the liability would rest with the members. The liability for each member is limited to £1.