Mededis Ltd - Period Ending 2015-03-31

Registration number: 05900677

Mededis Ltd
 
  Abbreviated Accounts
 
  for the Year Ended 31 March 2015
 

Tim Phillips & Co Ltd
Accountants
Cart House 2
Copley Hill Business Park
Cambridge Road
Babraham
Cambridge
CB22 3GN

Mededis Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Mededis Ltd
(Registration number: 05900677)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					-			1,145
Current assets
Cash at bank and in hand					12			319
Creditors: Amounts falling due within one year					(7,311)			(6,431)
Net current liabilities					(7,299)			(6,112)
Net liabilities					(7,299)			(4,967)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(7,399)			(5,067)
Shareholders' deficit					(7,299)			(4,967)

For the year ending 31 March 2015 the company was entitled to exemption 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.Other than that which is covered by the bank account and assets, the overdrawn balance sheet is represented by monies owed to the directors, who do not require repayment; and an accrual for accountancy fees. The directors have given personal undertakings to the accountants in respect of settlement of these fees.
 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 17 October 2015 and signed on its behalf by:

.........................................
Mr Troels Jordansen
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Mededis Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on cost

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		6,839			6,839
At 31 March 2015		6,839			6,839
Depreciation
At 1 April 2014		5,694			5,694
Charge for the year		1,145			1,145
At 31 March 2015		6,839			6,839
Net book value
At 31 March 2015		-			-
At 31 March 2014		1,145			1,145

Page 2

Mededis Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £0.01 each		10,000			100			10,000			100

4

Control

The company is controlled by Illum Jordansen Holding Ltd. (100%), a company registered in England and Wales. The directors of Mededis Ltd. and Illum Jordansen Holding Ltd. are Mr T Jordansen and Mrs K Jordansen; who are also equal shareholders of Illum Jordansen Holding Ltd. The only creditors of the company are Mr & Mrs Jordansen and an accrual for Tim Phillips & Co., accountants. Mr & Mrs Jordansen accept the company is not likely to repay the debt to them and they take full personal responsibility for payment to the accountants.



. The ultimate controlling party is Mr & Mrs Jordansen.

Page 3