IPHARMED SERVICES PRIVATE LIMITED

IPHARMED SERVICES PRIVATE LIMITED

Statement of Financial Position

As at 30 June 2026

	£	2026 £	£	2025 £
Fixed assets		587		734
Current assets	5,541		5,323
Creditors: amount falling due within one year	(8,369)		(740)
Net current assets/(liabilities)		(2,828)		4,583
Total assets less current liabilities		(2,241)		5,317
Net assets/(liabilities)		(2,241)		5,317


Capital and reserves		(2,241)		5,317

Notes to the Accounts

Statutory Information

Ipharmed Services Private Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC664332, registration address 1 Mains Of Mawcarse, Mawcarse, Kinross, KY13 9SF, Scotland.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The Company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long-term liabilities as current liabilities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

20% Reducing Balance

Tangible fixed assets

Cost or Valuation	Computer Equipment	Total
	£	£
At 01 July 2025	917	917
At 30 June 2026	917	917
Depreciation
At 01 July 2025	183	183
Charge for year	147	147
At 30 June 2026	330	330
Net book values
Closing balance as at 30 June 2026	587	587
Opening balance as at 01 July 2025	734	734

Tangible fixed assets

3.	Average number of employees Average number of employees during the year was 0 (2025: 0).

Directors' Responsibilities:

For the year ended 30 June 2026 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:

---------------------------------------------

Rajesh Muvva
Director

Date approved: 06 September 2026