Medevent Limited - Limited company - abbreviated

REGISTERED NUMBER: 04468767 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2014

for

Medevent Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

M Rattigan

Mrs D M Rattigan

M Wood

Ms H Powney

SECRETARY:

Mrs D M Rattigan

REGISTERED OFFICE:

Wellfield House

33 New Hey Road

Huddersfield

West Yorkshire

HD3 4AL

REGISTERED NUMBER:

04468767 (England and Wales)

ACCOUNTANTS:

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

FIXED ASSETS

Tangible assets

2

84,040

101,951

CURRENT ASSETS

Stocks

3,800

-

Debtors

92,882

35,652

Cash at bank and in hand

5,546

70,452

102,228

106,104

CREDITORS

Amounts falling due within one year

71,098

43,828

NET CURRENT ASSETS

31,130

62,276

TOTAL ASSETS LESS CURRENT
LIABILITIES

115,170

164,227

PROVISIONS FOR LIABILITIES

16,658

19,706

NET ASSETS

98,512

144,521

CAPITAL AND RESERVES

Called up share capital

3

1,333

689

Share premium

63,774

19,978

Capital redemption reserve

333

Profit and loss account

33,072

123,521

SHAREHOLDERS' FUNDS

98,512

144,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 November 2014 and were signed on its behalf
by:

M Rattigan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the amounts received or receivable for goods and services provided to customers,

excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date, where transactions or events that result in an obligation to pay more tax in the future, or a

right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences

between the Company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing

differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted

by the balance sheet date. Deferred tax is measured on a non-discounted basis.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

167,017

Additions

333

At 30 June 2014

167,350

DEPRECIATION

At 1 July 2013

65,066

Charge for year

18,244

At 30 June 2014

83,310

NET BOOK VALUE

At 30 June 2014

84,040

At 30 June 2013

101,951

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

334

A Ordinary

£1

334

333

B Ordinary

£1

333

C Ordinary

£1

333

11

333

D Ordinary

£1

333

11

1,333

689

The following shares were issued during the year:

322 C Ordinary shares of £1 for cash of £ 22,218

322 D Ordinary shares of £1 for cash of £ 22,218

4.	ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their majority shareholding.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Medevent Limited for the year ended 30 June 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Medevent Limited, as a body, in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Medevent

Limited and state those matters that we have agreed to state to the Board of Directors of Medevent Limited, as a body,

in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law,

we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for

our work or for this report.

It is your duty to ensure that Medevent Limited has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and profit of Medevent Limited. You

consider that Medevent Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Medevent Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

21 November 2014

Medevent Limited - Limited company - abbreviated - 11.6

Medevent Limited - Limited company - abbreviated - 11.6