MEDIUS_CONSULTING_LTD - Accounts

MEDIUS CONSULTING LIMITED - Company Information

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Company Registration No. 08736127 (England and Wales)

MEDIUS CONSULTING LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2016

MEDIUS CONSULTING LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

MEDIUS CONSULTING LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

11,044

149

Current assets

Debtors

171,129

504,368

Cash at bank and in hand

107,588

144,098

278,717

648,466

Creditors: amounts falling due within one year

(230,690)

(390,774)

Net current assets

48,027

257,692

Total assets less current liabilities

59,071

257,841

Capital and reserves

Called up share capital

1,000

1,053

Share premium account

21,443

Profit and loss account

58,071

235,345

Shareholders' funds

59,071

257,841

For the financial Period ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 July 2017

V Edwards

S Bailey

Director

Company Registration No. 08736127

MEDIUS CONSULTING LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for services net of VAT ..

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33.3% straight line

Fixtures, fittings & equipment

33.3% straight line

Fixed assets

Tangible assets

Cost

At 1 November 2015

299

Additions

13,557

Disposals

(299)

At 31 December 2016

13,557

Depreciation

At 1 November 2015

150

On disposals

(150)

Charge for the period

2,513

At 31 December 2016

2,513

Net book value

At 31 December 2016

11,044

At 31 October 2015

149

MEDIUS CONSULTING LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

500 Ordinary Shares of £1 each

500

250 Ordinary 'A' Shares of £1 each

250

250 Ordinary 'B' Shares of £1 each

250

0 Ordinary 'C' Shares of £1 each

1,000

1,053

On 25 May 2016, issued share capital was reduced by 53 £1 Ordinary C Shares in respect of cancelled shares..