Medibuild Limited - Limited company - abbreviated - 11.6
Medibuild Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| MEDIBUILD LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| MEDIBUILD LIMITED (REGISTERED NUMBER: 03357037) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 2 |
| MEDIBUILD LIMITED (REGISTERED NUMBER: 03357037) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| MEDIBUILD LIMITED (REGISTERED NUMBER: 03357037) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| The turnover shown in the profit and loss account represents rent receivable, exclusive of value added tax. |
| Investment property |
| Investment properties are included in the balance sheet at open market value at the balance sheet date on the |
| basis of a valuation by the directors. |
| In accordance with the FRSSE, no depreciation is provided in respect of investment properties. This is contrary |
| to the requirement of the Companies Act 2006 is to depreciate all properties. The director considers that to |
| depreciate the property would be inappropriate as it is held for investment rather than consumption and that a |
| true and fair view is reflected following the FRSSE. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| NIL | Ordinary | £1 |
| (2013 - |
| Ordinary A | 25p |
| Ordinary B | 25p |
| 100 | 2 |
| During the year, 98 Ordinary shares of £1 were issued. |
| Following this, the shares were sub-divided into 400 shares of 25p. These were then re-designated as 200 |
| Ordinary A and 200 Ordinary B. |
| MEDIBUILD LIMITED (REGISTERED NUMBER: 03357037) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 March 2014 and |
| 31 March 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| 5. | FINAL DIVIDEND |
| A final dividend of £40,000 was paid between the balance sheet date and the signing of the accounts. |