Abbreviated Company Accounts - MEDITRAC SYSTEMS LIMITED

MEDITRAC SYSTEMS LIMITED - Company Information

07723693 MEDITRAC SYSTEMS LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 07723693 2015-02-01 2016-01-31 07723693 2016-01-31 07723693 2015-01-31 07723693 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 07723693 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 07723693

MEDITRAC SYSTEMS LIMITED

Abbreviated Accounts

31 January 2016

MEDITRAC SYSTEMS LIMITED Registered Number 07723693

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	450,000	450,000
		450,000	450,000
Current assets
Debtors		75,025	75,282
Cash at bank and in hand		1,281	1,024
		76,306	76,306
Creditors: amounts falling due within one year		(107,343)	(107,343)
Net current assets (liabilities)		(31,037)	(31,037)
Total assets less current liabilities		418,963	418,963
Total net assets (liabilities)		418,963	418,963
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		449,650	449,650
Profit and loss account		(31,687)	(31,687)
Shareholders' funds		418,963	418,963

For the year ending 31 January 2016 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 26 October 2016

And signed on their behalf by:
W Hurley, Director

MEDITRAC SYSTEMS LIMITED Registered Number 07723693

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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
Intangible assets included under development costs are valued at cost as it is the year of acquisition.

2Intangible fixed assets

	£
Cost
At 1 February 2015	450,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	450,000
Amortisation
At 1 February 2015	-
Charge for the year	-
On disposals	-
At 31 January 2016	-
Net book values
At 31 January 2016	450,000
At 31 January 2015	450,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000