Accounts filed on 05-04-2016


MIDEC LIMITED

Company Registration Number:
08289239 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 06 April 2015

End date: 05 April 2016

MIDEC LIMITED

Abbreviated Balance sheet

As at 05 April 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 2,116 3,159
Total fixed assets: 2,116 3,159
Current assets
Cash at bank and in hand: 11,253 0
Total current assets: 11,253 0
Creditors: amounts falling due within one year: ( 12,645 )
Net current assets (liabilities): ( 1,392 ) 0
Total assets less current liabilities: 724 3,159
Creditors: amounts falling due after more than one year: ( 1,189 )
Total net assets (liabilities): 724 1,970

The notes form part of these financial statements

MIDEC LIMITED

Balance sheet continued

As at 05 April 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 3 1 1
Profit and loss account: 723 1,969
Shareholders funds: 724 1,970

For the year ending 05 April 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 21 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Steven Thornton
Status: Director

The notes form part of these financial statements

MIDEC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 05 April 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Standard for Smaller Entities (effective April 2008)

    Turnover policy

    Turnover represents the value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Five years straight line.

MIDEC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 05 April 2016

  • 2. Tangible assets

    Total
    Cost £
    06 April 2015: 5,319
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    05 April 2016: 5,319
    Depreciation
    06 April 2015: 2,160
    Charge for year: 1,043
    On disposals: 0
    Other adjustments: 0
    05 April 2016: 3,203
    Net book value
    05 April 2016: 2,116
    05 April 2015: 3,159

MIDEC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 05 April 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1