Abbreviated Company Accounts - MEDITRANSPORT AMBULANCE SERVICE LTD

Abbreviated Company Accounts - MEDITRANSPORT AMBULANCE SERVICE LTD

MEDITRANSPORT AMBULANCE SERVICE LTD - Company Information

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Registered Number 08293017

MEDITRANSPORT AMBULANCE SERVICE LTD

Abbreviated Accounts

30 November 2013

MEDITRANSPORT AMBULANCE SERVICE LTD Registered Number 08293017

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013
£
Fixed assets
Tangible assets 2 53,283
53,283
Current assets
Stocks 6,170
Debtors 1,988
Cash at bank and in hand 1,143
9,301
Net current assets (liabilities) 9,301
Total assets less current liabilities 62,584
Creditors: amounts falling due after more than one year (74,243)
Total net assets (liabilities) (11,659)
Capital and reserves
Called up share capital 100
Profit and loss account (11,759)
Shareholders' funds (11,659)
  • For the year ending 30 November 2013 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 August 2014

And signed on their behalf by:
S Byford, Director

MEDITRANSPORT AMBULANCE SERVICE LTD Registered Number 08293017

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value of sales made during the period and derives from the provision of goods falling within the company's ordinary activities. Turnover is recognised when the work is completed for the customer.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value. Cost is valued on a first in first out basis. Provision is made for obsolete or damaged stock.

Going concern
The company meets its day to day working capital requirements by the way of a loan from the director. On this basis, the director has given assurances to the accountants that it is appropriate to prepare the financial statements on a going concern basis.

Transactions with director
During the period the company had tranactions with the director of £69,510. Included in this amount were fixed assets introduced to the company at a value of £62,113.

2Tangible fixed assets
£
Cost
Additions 64,486
Disposals -
Revaluations -
Transfers -
At 30 November 2013 64,486
Depreciation
Charge for the year 11,203
On disposals -
At 30 November 2013 11,203
Net book values
At 30 November 2013 53,283