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Company Registration No. 13408808 (England and Wales)
A and M Pharma Services Limited Unaudited accounts for the year ended 31 May 2024
A and M Pharma Services Limited Unaudited accounts Contents
Page
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A and M Pharma Services Limited Company Information for the year ended 31 May 2024
Directors
Mr Mark Burgin Mr Andrew White
Company Number
13408808 (England and Wales)
Registered Office
28 Ramblers Lane Barton-upon-Humber South Humberside DN18 5BU England
Accountants
Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby East Riding of Yorkshire HU10 7BY
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A and M Pharma Services Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,376 
- 
Current assets
Debtors
69,459 
16,345 
Cash at bank and in hand
59,330 
3,262 
128,789 
19,607 
Creditors: amounts falling due within one year
(58,973)
(10,119)
Net current assets
69,816 
9,488 
Net assets
73,192 
9,488 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
73,190 
9,486 
Shareholders' funds
73,192 
9,488 
For the year ending 31 May 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by
Mr Mark Burgin Director Company Registration No. 13408808
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A and M Pharma Services Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
A and M Pharma Services Limited is a private company, limited by shares, registered in England and Wales, registration number 13408808. The registered office is 28 Ramblers Lane, Barton-upon-Humber, South Humberside, DN18 5BU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% cost
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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A and M Pharma Services Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
- 
Additions
5,064 
At 31 May 2024
5,064 
Depreciation
Charge for the year
1,688 
At 31 May 2024
1,688 
Net book value
At 31 May 2024
3,376 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
69,459 
16,345 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,986 
- 
Taxes and social security
37,289 
3,031 
Other creditors
5,185 
5,000 
Loans from directors
1,763 
1,588 
Accruals
750 
500 
58,973 
10,119 
7
Controlling party
The company is under the control of Mr M Burgin and Mr A White, the directors of the company, with no party having overall control.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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