Abbreviated Company Accounts - MEDCALF ROAD LIMITED

MEDCALF ROAD LIMITED - Company Information

08615824 MEDCALF ROAD LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 08615824 2015-08-01 2016-07-31 08615824 2016-07-31 08615824 2015-07-31 08615824 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08615824 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 08615824

MEDCALF ROAD LIMITED

Abbreviated Accounts

31 July 2016

MEDCALF ROAD LIMITED Registered Number 08615824

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	268,529	268,529
		268,529	268,529
Current assets
Debtors		29,224	3,420
Cash at bank and in hand		13,572	18,840
		42,796	22,260
Creditors: amounts falling due within one year		(276,950)	(271,558)
Net current assets (liabilities)		(234,154)	(249,298)
Total assets less current liabilities		34,375	19,231
Total net assets (liabilities)		34,375	19,231
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		34,373	19,229
Shareholders' funds		34,375	19,231

For the year ending 31 July 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 24 October 2017

And signed on their behalf by:
ALBERT BENDAHAN, Director

MEDCALF ROAD LIMITED Registered Number 08615824

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Tangible fixed assets

	£
Cost
At 1 August 2015	268,529
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	268,529
Depreciation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	268,529
At 31 July 2015	268,529

All fixed assets are initially recorded at cost.

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2