MEDINTU LTD - Abbreviated accounts


Registered number
09771360
MEDINTU LTD
Abbreviated Accounts
30 September 2016
MEDINTU LTD
Registered number: 09771360
Abbreviated Balance Sheet
as at 30 September 2016
Notes 2016
£
Current assets
Debtors 40,040
Cash at bank and in hand 71
40,111
Creditors: amounts falling due within one year (36,786)
Net current assets 3,325
Net assets 3,325
Capital and reserves
Called up share capital 2 20,000
Profit and loss account (16,675)
Shareholders' funds 3,325
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.
Mr Raja Sekhar Yaramosu
Director
Approved by the board on 29 June 2017
MEDINTU LTD
Notes to the Abbreviated Accounts
for the period ended 30 September 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).
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
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
2 Share capital Nominal 2016 2016
value Number £
Allotted, called up and fully paid:
Ordinary shares £1 each 20,000 20,000
Nominal Number Amount
value £
Shares issued during the period:
Ordinary shares £1 each 20,000 20,000
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