Abbreviated Company Accounts - MEDLAND LIMITED

04651399 MEDLAND LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 04651399 2014-08-01 2015-07-31 04651399 2015-07-31 04651399 2014-07-31 04651399 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 04651399 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 04651399

MEDLAND LIMITED

Abbreviated Accounts

31 July 2015

MEDLAND LIMITED Registered Number 04651399

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		4,725	4,725
Current assets
Debtors		339	339
Cash at bank and in hand		4,423	5,442
		4,762	5,781
Creditors: amounts falling due within one year		(2,668)	(2,707)
Net current assets (liabilities)		2,094	3,074
Total assets less current liabilities		6,819	7,799
Total net assets (liabilities)		6,819	7,799
Capital and reserves
Called up share capital	2	9,450	9,450
Profit and loss account		(2,631)	(1,651)
Shareholders' funds		6,819	7,799

For the year ending 31 July 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 25 April 2016

And signed on their behalf by:
B.Birgand, Director

MEDLAND LIMITED Registered Number 04651399

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
9,450 Ordinary shares of £1 each	9,450	9,450

The 9,450 issued shares have been reclassified into the following categories (3,790 ordinary 'A' shares, 3,790 ordinary 'B' shares, 1,620 ordinary 'C' shares, 200 ordinary 'D' shares, 100 ordinary 'E' shares, 100 ordinary 'F' shares, 100 ordinary 'G' shares and 50 ordinary 'H' shares). An additional 50 ordinary 'I' shares remain unissued. This reconciles to the total authorised share capital of 10,000 shares. All classes of share shall rank 'pari passu' with each other.