Company Registration No. 11338827 (England and Wales)
Pharm.Garib Ltd
Unaudited accounts
for the year ended 31 May 2024
Pharm.Garib Ltd
Unaudited accounts
Contents
Pharm.Garib Ltd
Company Information
for the year ended 31 May 2024
Company Number
11338827 (England and Wales)
Registered Office
111 TELFORD WAY
HAYES
UB4 9TH
ENGLAND
Accountants
Enso Accountants Ltd
189c Mauldeth Road
Manchester
M191BA
Pharm.Garib Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
7,306
1,008
Cash at bank and in hand
5,526
5,129
Creditors: amounts falling due within one year
(1,667)
(1,667)
Net current assets
186
7,291
Called up share capital
100
100
Profit and loss account
7,392
8,199
Shareholders' funds
7,492
8,299
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 director acknowledges her 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 24 February 2025 and were signed on its behalf by
Kazan Garib
Director
Company Registration No. 11338827
Pharm.Garib Ltd
Notes to the Accounts
for the year ended 31 May 2024
Pharm.Garib Ltd is a private company, limited by shares, registered in England and Wales, registration number 11338827. The registered office is 111 TELFORD WAY, HAYES, UB4 9TH, 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.
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:
Motor vehicles
20% Reducing Balance
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.
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
Pharm.Garib Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
10,078
-
10,078
Additions
5,400
1,100
6,500
At 31 May 2024
15,478
1,100
16,578
At 1 June 2023
9,070
-
9,070
Charge for the year
202
-
202
At 31 May 2024
9,272
-
9,272
At 31 May 2024
6,206
1,100
7,306
At 31 May 2023
1,008
-
1,008
Amounts falling due within one year
Other debtors
(3,673)
3,829
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,667
1,667
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).