MEDOPAD LTD
|
Registered number: |
07725451
|
Abbreviated Balance Sheet |
as at 30 November 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
19,697 |
|
|
10,643 |
|
Current assets |
Debtors |
|
|
2,647 |
|
|
3,265 |
Cash at bank and in hand |
|
|
1,055,877 |
|
|
351,240 |
|
|
|
1,058,524 |
|
|
354,505 |
|
Creditors: amounts falling due within one year |
|
|
(5,848) |
|
|
(53,401) |
|
Net current assets |
|
|
|
1,052,676 |
|
|
301,104 |
|
Net assets |
|
|
|
1,072,373 |
|
|
311,747 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
11,247 |
|
|
10,999 |
Share premium |
|
|
|
1,951,131 |
|
|
816,832 |
Profit and loss account |
|
|
|
(890,005) |
|
|
(516,084) |
|
Shareholders' funds |
|
|
|
1,072,373 |
|
|
311,747 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
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 accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Dr. Rashid Khatib Shahidi |
Director |
Approved by the board on 12 December 2016
|
|
MEDOPAD LTD
|
Notes to the Abbreviated Accounts |
for the period ended 30 November 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Going concern |
|
The company accounts have been prepared on a going concern basis as it the intention of company directors to finance the company when required. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2015 |
18,580 |
|
Additions |
15,619 |
|
At 30 November 2016 |
34,199 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2015 |
7,937 |
|
Charge for the period |
6,565 |
|
At 30 November 2016 |
14,502 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2016 |
19,697 |
|
At 31 August 2015 |
10,643 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
- |
|
11,247,299 |
|
11,247 |
|
10,999 |
|
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
- |
|
247,909 |
|
248 |
|
|
|
|
|
|
|