Company Registration No. 08123552 (England and Wales)
Medicine Line Limited
Unaudited accounts
for the year ended 31 May 2018
Medicine Line Limited
Unaudited accounts
Contents
Medicine Line Limited
Company Information
for the year ended 31 May 2018
Director
Mr Mirza Rizwan Baig
Company Number
08123552 (England and Wales)
Registered Office
116 Park View
Whitley Bay
NE26 3QL
Accountants
Myrtle Gund Accountants
Suite 2, First Floor
Ellerslie House, Queens Road
Edgerton, Huddersfield
HD2 2AG
Medicine Line Limited
Statement of financial position
as at 31 May 2018
Cash at bank and in hand
383,689
33,390
Creditors: amounts falling due within one year
(53,534)
(134,199)
Net current assets
425,415
42,803
Total assets less current liabilities
425,415
42,803
Creditors: amounts falling due after more than one year
(338,468)
-
Called up share capital
100
100
Profit and loss account
86,847
42,703
Shareholders' funds
86,947
42,803
For the year ending 31 May 2018 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 his 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.
Approved by the Board on 10 May 2019.
Mr Mirza Rizwan Baig
Director
Company Registration No. 08123552
Medicine Line Limited
Notes to the Accounts
for the year ended 31 May 2018
Medicine Line Limited is a private company, limited by shares, registered in England and Wales, registration number 08123552. The registered office is 116 Park View, Whitley Bay, NE26 3QL.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Finished goods
7,650
7,650
Trade debtors
87,610
135,962
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
10,355
3,527
Other creditors
43,179
130,672
7
Creditors: amounts falling due after more than one year
2018
2017
Medicine Line Limited
Notes to the Accounts
for the year ended 31 May 2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 6 (2017: 6).
