Abbreviated Company Accounts - MEDGLEN LIMITED

Abbreviated Company Accounts - MEDGLEN LIMITED

MEDGLEN LIMITED - Company Information

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Registered Number 04403591

MEDGLEN LIMITED

Abbreviated Accounts

31 March 2016

MEDGLEN LIMITED Registered Number 04403591

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 23,333 28,333
Tangible assets 3 817 1,089
24,150 29,422
Current assets
Cash at bank and in hand 36,281 33,919
36,281 33,919
Creditors: amounts falling due within one year (105,163) (115,180)
Net current assets (liabilities) (68,882) (81,261)
Total assets less current liabilities (44,732) (51,839)
Total net assets (liabilities) (44,732) (51,839)
Capital and reserves
Called up share capital 100 100
Profit and loss account (44,832) (51,939)
Shareholders' funds (44,732) (51,839)
  • For the year ending 31 March 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 20 December 2016

And signed on their behalf by:
Brian George, Director

MEDGLEN LIMITED Registered Number 04403591

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

2Intangible fixed assets
£
Cost
At 1 April 2015 47,500
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 47,500
Amortisation
At 1 April 2015 19,167
Charge for the year 5,000
On disposals -
At 31 March 2016 24,167
Net book values
At 31 March 2016 23,333
At 31 March 2015 28,333
3Tangible fixed assets
£
Cost
At 1 April 2015 25,564
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 25,564
Depreciation
At 1 April 2015 24,475
Charge for the year 272
On disposals -
At 31 March 2016 24,747
Net book values
At 31 March 2016 817
At 31 March 2015 1,089