Company Registration No. 5809977 (England and Wales)
424 MEDICAL LIMITED
Unaudited accounts
for the year ended 31 May 2017
424 MEDICAL LIMITED
Unaudited accounts
Contents
424 MEDICAL LIMITED
Company Information
for the year ended 31 May 2017
Company Number
5809977 (England and Wales)
Registered Office
513 LONDON ROAD
CHEAM
SURREY
SM3 8JR
424 MEDICAL LIMITED
Statement of financial position
as at 31 May 2017
Cash at bank and in hand
110
583
Creditors: amounts falling due within one year
(121,829)
(121,889)
Net current assets
21,951
22,364
Called up share capital
300
300
Profit and loss account
21,651
22,064
Shareholders' funds
21,951
22,364
For the year ending 31 May 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 March 2018.
DR N A JIVANI
Director
Company Registration No. 5809977
424 MEDICAL LIMITED
Notes to the Accounts
for the year ended 31 May 2017
424 MEDICAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5809977. The registered office is 513 LONDON ROAD, CHEAM, SURREY, SM3 8JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Trade debtors
143,670
143,670
5
Creditors: amounts falling due within one year
2017
2016
Other creditors
3,378
3,888
Loans from directors
118,451
118,001
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300
300
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
