| MEDOPAD LTD |
| Registered number: |
07725451 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
10,643 |
|
|
9,023 |
|
| Current assets |
| Debtors |
|
|
3,265 |
|
|
927 |
| Cash at bank and in hand |
|
|
351,240 |
|
|
524,499 |
|
|
|
354,505 |
|
|
525,426 |
|
| Creditors: amounts falling due within one year |
|
|
(53,401) |
|
|
(3,844) |
|
| Net current assets |
|
|
|
301,104 |
|
|
521,582 |
|
| Net assets |
|
|
|
311,747 |
|
|
530,605 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
10,999 |
|
|
10,973 |
| Share premium |
|
|
|
816,832 |
|
|
751,590 |
| Profit and loss account |
|
|
|
(516,084) |
|
|
(231,958) |
|
| Shareholders' funds |
|
|
|
311,747 |
|
|
530,605 |
|
|
|
|
|
|
|
|
| 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 18 May 2016 |
|
| MEDOPAD LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 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 2014 |
13,413 |
|
Additions |
5,167 |
|
At 31 August 2015 |
18,580 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
4,390 |
|
Charge for the year |
3,547 |
|
At 31 August 2015 |
7,937 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
10,643 |
|
At 31 August 2014 |
9,023 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
- |
|
10,999,390 |
|
10,999 |
|
10,973 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
- |
|
26,390 |
|
26 |
|
|
|
|
|
|
|
