POWER MED LTD - Abbreviated accounts

POWER MED LTD - Abbreviated accounts


Registered number
07635850
POWER MED LTD
Abbreviated Accounts
31 May 2015
POWER MED LTD
Report to the director on the preparation of the unaudited abbreviated accounts of POWER MED LTD for the year ended 31 May 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of POWER MED LTD for the year ended 31 May 2013 which comprise of 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.
The financial information has been compiled in accordance with your instructions. The financial information is not intended to achieve full compliance with the provisions of UK Generally Accepted Accounting Principles.
This report is made to you, in accordance with the terms of our engagement.Our work has been undertaken so that we might compile the financial information that we have been engaged to compile, report to you that we have done so, and state those matters that we have agreed to state to you in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the proprietor of the business, for our work, or for this report.
We have carried out this engagement with in accordance with technical guidance issued by the Institute of Financial Accountants and have complied with the ethical guidance laid down by the Institute.
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 financial information.
Save My Tax Ltd
Incorporated Financial Accountants
Tempus Court
Bellfield Road
High Wycombe
Bucks
HP13 5HA
15 February 2016
POWER MED LTD
Registered number: 07635850
Abbreviated Balance Sheet
as at 31 May 2015
Notes 2015
£
Current assets
Cash at bank and in hand 16,040
Creditors: amounts falling due within one year (3,375)
Net current assets 12,665
Net assets 12,665
Capital and reserves
Called up share capital 2 1
Profit and loss account 12,664
Shareholder's funds 12,665
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Naila Hayat
Director
Approved by the board on 16 February 2016
POWER MED LTD
Notes to the Abbreviated Accounts
for the year ended 31 May 2015
1 Accounting policies
Basis of preparation
The accounts 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2 Share capital Nominal 2015 2015
value Number £
Allotted, called up and fully paid:
Ordinary shares £1 each - 1
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