Med-Fx Ltd - Limited company - abbreviated - 11.0.0

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

Med-Fx Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Mills

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

05693661 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

CURRENT ASSETS

Debtors

1,080,722

838,770

Cash at bank and in hand

321

24,266

1,081,043

863,036

CREDITORS

Amounts falling due within one year

1,043,230

1,238,769

NET CURRENT ASSETS/(LIABILITIES)

37,813

(375,733

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,813

(375,733

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

37,811

(375,735

)

SHAREHOLDERS' FUNDS

37,813

(375,733

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 September 2014 and were signed by:

M A Mills - Director

1.	ACCOUNTING POLICIES

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to

continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going

concern basis in preparing the financial statements.

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

£1

2

2