MEDITE SMARTPLY UK LIMITED

Company Registration Number:
06671168 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

MEDITE SMARTPLY UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

MEDITE SMARTPLY UK LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 14,864 48,854
Investments:   0 0
Total fixed assets: 14,864 48,854
Current assets
Stocks: 0 0
Debtors: 4 807,624 714,031
Cash at bank and in hand: 530,914 64,550
Investments:   0 0
Total current assets: 1,338,538 778,581
Creditors: amounts falling due within one year: 5 (1,070,733) (662,437)
Net current assets (liabilities): 267,805 116,144
Total assets less current liabilities: 282,669 164,998
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 282,669 164,998
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 282,668 164,997
Shareholders funds: 282,669 164,998

The notes form part of these financial statements

MEDITE SMARTPLY UK LIMITED

Balance sheet statements

For the year ending 31 December 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 June 2022
and signed on behalf of the board by:

Name: Dominic Reilly
Status: Director

The notes form part of these financial statements

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 26 23

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 337,276
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2021 337,276
Depreciation
At 01 January 2021 288,422
Charge for year 33,990
On disposals 0
Other adjustments 0
At 31 December 2021 322,412
Net book value
At 31 December 2021 14,864
At 31 December 2020 48,854

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Debtors

2021 2020
££
Debtors due after more than one year: 0 0

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Creditors: amounts falling due within one year note

Trade Creditors: 2021: 137,416 2020: NilCorporation Tax: 2021: 27,771 2020: 24,071PAYE and social security: 2021: 36,100 2020: 39,219Accruals: 2021: 869,446 2020: 599,147Total: 2021: 1,070,733 2020: 662,437

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Financial commitments

Financial commitments 2021: 153,428 2020: 175,515

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7. Related party transactions

Transactions with the parent company and with other wholly owned subsidiary companies of Coillte CGA are not disclosed as the Company has availed of the exemption available under FRS 102 paragraph 33.1A from disclosing such transactions.

MEDITE SMARTPLY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

8. Post balance sheet events

At the date of approval of the financial statements, the Covid-19 pandemic remains a driver of global economic and societal uncertainty. The Company continues to address the impact of the Covid-19 pandemic on its operations and is satisfied that it has negated the risks to the best of its ability.The Company intends continuing the current range of marketing and advertising activities and since the financial year end, there have been no new significant events, which would affect these financial statements.