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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
Page
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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
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MEDIYAH LTD Statement of financial position as at 30 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,581 
8,719 
Current assets
Inventories
580 
580 
Debtors
26,073 
26,436 
Cash at bank and in hand
27,218 
46,609 
53,871 
73,625 
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)
Net assets
11,396 
17,400 
Capital and reserves
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
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MEDIYAH LTD Notes to the Accounts for the period from 1 April 2022 to 30 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% RB
Turnover
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.
Foreign exchange
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.
Financial instruments
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.
Going concern
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.
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MEDIYAH LTD Notes to the Accounts for the period from 1 April 2022 to 30 March 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
12,087 
Additions
10,723 
At 30 March 2023
22,810 
Depreciation
At 1 April 2022
3,368 
Charge for the period
4,861 
At 30 March 2023
8,229 
Net book value
At 30 March 2023
14,581 
At 31 March 2022
8,719 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
108 
Trade debtors
- 
25,255 
Other debtors
26,073 
1,073 
26,073 
26,436 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,695 
- 
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 
Accruals
750 
750 
16,946 
18,185 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,110 
46,759 
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).
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