Mazmednorth Limited

Mazmednorth Limited

MAZMEDNORTH LIMITED - Company Information

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1 April 2019 false No description of principal activity Taxfiler 2020.17.1 08923679business:PrivateLimitedCompanyLtd2019-04-012020-03-31 089236792019-03-31 089236792019-04-012020-03-31 08923679business:AuditExempt-NoAccountantsReport2019-04-012020-03-31 08923679business:FullAccounts2019-04-012020-03-31 089236792020-03-31 08923679business:Director12019-04-012020-03-31 08923679business:Director22019-04-012020-03-31 08923679business:Director32019-04-012020-03-31 08923679business:Director42019-04-012020-03-31 08923679business:RegisteredOffice2019-04-012020-03-31 089236792019-03-31 08923679core:WithinOneYear2020-03-31 08923679core:WithinOneYear2019-03-31 08923679core:ShareCapital2020-03-31 08923679core:ShareCapital2019-03-31 08923679core:RetainedEarningsAccumulatedLosses2020-03-31 08923679core:RetainedEarningsAccumulatedLosses2019-03-31 08923679business:SmallEntities2019-04-012020-03-31 08923679countries:EnglandWales2019-04-012020-03-31 08923679core:Goodwill2019-03-31 08923679core:Goodwill2019-04-012020-03-31 08923679core:Goodwill2020-03-31 08923679core:FurnitureFittings2019-03-31 08923679core:FurnitureFittings2019-04-012020-03-31 08923679core:FurnitureFittings2020-03-31 089236792018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08923679 (England and Wales)
Mazmednorth Limited Unaudited accounts for the year ended 31 March 2020
Mazmednorth Limited Unaudited accounts Contents
Page
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Mazmednorth Limited Company Information for the year ended 31 March 2020
Directors
Mehdi Kazemaliloo Raifa Kazemaliloo Maziar Moaddabi Letizia Monaldi
Company Number
08923679 (England and Wales)
Registered Office
PIONEER HOUSE 5 STALHAM RD HOVETON NORWICH NORFOLK NR12 8DG UNITED KINGDOM
Accountants
AMS Accountants SBU Ltd Tadis House 455 Whalley New Road Blackburn Lancashire BB1 9SP
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Mazmednorth Limited Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
- 
288,000 
Tangible assets
5
- 
5,360 
- 
293,360 
Current assets
Inventories
- 
42,416 
Debtors
6
122,951 
37,990 
Cash at bank and in hand
1,913 
18,530 
124,864 
98,936 
Creditors: amounts falling due within one year
7
(100,565)
(390,902)
Net current assets/(liabilities)
24,299 
(291,966)
Net assets
24,299 
1,394 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
24,199 
1,294 
Shareholders' funds
24,299 
1,394 
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2021 and were signed on its behalf by
Maziar Moaddabi Director Company Registration No. 08923679
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Mazmednorth Limited Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
Mazmednorth Limited is a private company, limited by shares, registered in England and Wales, registration number 08923679. The registered office is PIONEER HOUSE 5 STALHAM RD, HOVETON, NORWICH, NORFOLK, NR12 8DG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2019
324,000 
Disposals
(324,000)
At 31 March 2020
- 
Amortisation
At 1 April 2019
36,000 
On disposals
(36,000)
At 31 March 2020
- 
Net book value
At 31 March 2020
- 
At 31 March 2019
288,000 
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Mazmednorth Limited Notes to the Accounts for the year ended 31 March 2020
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2019
7,972 
Disposals
(7,972)
At 31 March 2020
- 
Depreciation
At 1 April 2019
2,612 
On disposals
(2,612)
At 31 March 2020
- 
Net book value
At 31 March 2020
- 
At 31 March 2019
5,360 
6
Debtors
2020 
2019 
£ 
£ 
Less than one year
VAT
3,465 
- 
Trade debtors
- 
28,477 
Other debtors
119,486 
9,513 
Total debtors less than one year
122,951 
37,990 
Total debtors
122,951 
37,990 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
- 
160,014 
Trade creditors
- 
21,364 
Taxes and social security
6,762 
3,823 
Other creditors
8,000 
621 
Loans from directors
85,803 
205,080 
100,565 
390,902 
8
Average number of employees
During the year the average number of employees was 0 (2019: 8).
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