Company Registration No. 11158642 (England and Wales)
MEDIYAH LTD
Unaudited accounts
for the period from 1 April 2022 to 30 March 2023
MEDIYAH LTD
Unaudited accounts
Contents
MEDIYAH LTD
Company Information
for the period from 1 April 2022 to 30 March 2023
Director
THIENAHAREN, Traystarnn
Company Number
11158642 (England and Wales)
Registered Office
184 BROADLANDS AVENUE
ENFIELD
EN3 5AF
ENGLAND
Accountants
Tally Tally Accountants
79 College Road
Harrow
HA1 1BD
MEDIYAH LTD
Statement of financial position
as at 30 March 2023
Tangible assets
14,581
8,719
Cash at bank and in hand
27,218
46,609
Creditors: amounts falling due within one year
(16,946)
(18,185)
Net current assets
36,925
55,440
Total assets less current liabilities
51,506
64,159
Creditors: amounts falling due after more than one year
(40,110)
(46,759)
Called up share capital
1
1
Profit and loss account
11,395
17,399
Shareholders' funds
11,396
17,400
For the period ending 30 March 2023 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.
The financial statements were approved by the Board and authorised for issue on 27 March 2024 and were signed on its behalf by
THIENAHAREN, Traystarnn
Director
Company Registration No. 11158642
MEDIYAH LTD
Notes to the Accounts
for the period from 1 April 2022 to 30 March 2023
MEDIYAH LTD is a private company, limited by shares, registered in England and Wales, registration number 11158642. The registered office is 184 BROADLANDS AVENUE, ENFIELD, EN3 5AF, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The financial statements have been prepared on a going concern basis, which is dependent upon the company's directors continuing to provide the necessary financial facilities, to enable the company to continue in operation for the foreseeable future.
MEDIYAH LTD
Notes to the Accounts
for the period from 1 April 2022 to 30 March 2023
4
Tangible fixed assets
Computer equipment
Charge for the period
4,861
Amounts falling due within one year
Other debtors
26,073
1,073
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,417
1,417
Taxes and social security
-
2,036
Other creditors
1,053
1,051
Loans from directors
12,031
12,931
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
As at the year-end date, the director, had a credit balance of £12,031 (2022: £12,931) on his director's current account. This is an interest-free loan to the company and is shown within other creditors due within one year.
9
Average number of employees
During the period the average number of employees was 1 (2022: 1).