IMEDIX_LIMITED - Accounts

IMEDIX LIMITED - Company Information

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Company Registration No. 08051021 (England and Wales)

IMEDIX LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

IMEDIX LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

IMEDIX LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

6,555

5,047

Current assets

Stocks

412,677

2,300

Debtors

128,359

21,732

Cash at bank and in hand

10,627

133,891

551,663

157,923

Creditors: amounts falling due within one year

(358,755)

(31,357)

Net current assets

192,908

126,566

Total assets less current liabilities

199,463

131,613

Creditors: amounts falling due after more than one year

(70,000)

129,463

61,613

Capital and reserves

Called up share capital

Profit and loss account

129,461

61,611

Shareholder's funds

129,463

61,613

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his 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 25 January 2016

Arfan Choudary

Director

Company Registration No. 08051021

IMEDIX LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 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 April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

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

25% Reducing balance

Fixtures, fittings & equipment

25% Reducing balance

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 May 2014

7,153

Additions

3,691

At 30 April 2015

10,844

Depreciation

At 1 May 2014

2,105

Charge for the year

2,184

At 30 April 2015

4,289

Net book value

At 30 April 2015

6,555

At 30 April 2014

5,047

IMEDIX LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

2 ordinary shares of £1 each