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REGISTERED NUMBER: 07352031 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 August 2022

for

Medcommz Limited

Medcommz Limited (Registered number: 07352031)






Contents of the Financial Statements
for the Year Ended 31 August 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Medcommz Limited

Company Information
for the Year Ended 31 August 2022







DIRECTOR: A R M J D Al Lawati





REGISTERED OFFICE: Ground Floor,
123 Pall Mall
London
SW1Y 5EA





REGISTERED NUMBER: 07352031 (England and Wales)





ACCOUNTANTS: Hawksford UK Services Limited
123 Pall Mall
St. James's
London
SW1Y 5EA

Medcommz Limited (Registered number: 07352031)

Balance Sheet
31 August 2022

31.8.22 31.8.21
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 182,000
Tangible assets 5 2,432 2,965
2,432 184,965

CURRENT ASSETS
Debtors 6 3,012 5,012
Cash at bank and in hand 5,701 10
8,713 5,022
CREDITORS
Amounts falling due within one year 7 (13,418 ) (8,950 )
NET CURRENT LIABILITIES (4,705 ) (3,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,273

)

181,037

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 8 - 182,000
Retained earnings (2,274 ) (964 )
(2,273 ) 181,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2023 and were signed by:





A R M J D Al Lawati - Director


Medcommz Limited (Registered number: 07352031)

Notes to the Financial Statements
for the Year Ended 31 August 2022

1. STATUTORY INFORMATION

Medcommz Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Balance Sheet date indicating the recoverable amount was less than its carrying value.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2021 182,000
Impairments (182,000 )
At 31 August 2022 -
NET BOOK VALUE
At 31 August 2022 -
At 31 August 2021 182,000

Medcommz Limited (Registered number: 07352031)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2022

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2021 3,950
Additions 583
At 31 August 2022 4,533
DEPRECIATION
At 1 September 2021 985
Charge for year 1,116
At 31 August 2022 2,101
NET BOOK VALUE
At 31 August 2022 2,432
At 31 August 2021 2,965

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
£    £   
Other debtors 3,012 5,012

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
£    £   
Taxation and social security - 8,400
Other creditors 13,418 550
13,418 8,950

8. RESERVES
Revaluation
reserve
£   
At 1 September 2021 182,000
Write-off (182,000 )

At 31 August 2022 -

9. RELATED PARTY DISCLOSURES

At the year end the company had a balance of £10,168 due to Plim Limited, a company under common control.