Abbreviated Company Accounts - MEDLOCK TECHNICAL LIMITED

Abbreviated Company Accounts - MEDLOCK TECHNICAL LIMITED

MEDLOCK TECHNICAL LIMITED - Company Information

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Registered Number 03639015

MEDLOCK TECHNICAL LIMITED

Abbreviated Accounts

30 September 2015

MEDLOCK TECHNICAL LIMITED Registered Number 03639015

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 351 1
351 1
Current assets
Debtors 1,592 5,837
Cash at bank and in hand 10,088 20,220
11,680 26,057
Creditors: amounts falling due within one year (11,689) (17,168)
Net current assets (liabilities) (9) 8,889
Total assets less current liabilities 342 8,890
Creditors: amounts falling due after more than one year (70) -
Total net assets (liabilities) 272 8,890
Capital and reserves
Called up share capital 2 2
Profit and loss account 270 8,888
Shareholders' funds 272 8,890
  • For the year ending 30 September 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 February 2016

And signed on their behalf by:
R Medlock, Director

MEDLOCK TECHNICAL LIMITED Registered Number 03639015

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, net of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:
Equipment - 50% on cost

2Tangible fixed assets
£
Cost
At 1 October 2014 6,069
Additions 700
Disposals -
Revaluations -
Transfers -
At 30 September 2015 6,769
Depreciation
At 1 October 2014 6,068
Charge for the year 350
On disposals -
At 30 September 2015 6,418
Net book values
At 30 September 2015 351
At 30 September 2014 1