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Company Registration No. 9717828 (England and Wales)
Mugadza Medical Ltd Unaudited accounts for the year ended 31 August 2023
Mugadza Medical Ltd Unaudited accounts Contents
Page
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Mugadza Medical Ltd Company Information for the year ended 31 August 2023
Director
Vongai Laura Nyaradzai Mugadza
Company Number
9717828 (England and Wales)
Registered Office
33 Cuff Crescent London SE9 5RF England
Accountants
TAWANDA GROUP LTD INNOVATION CENTRE MEDWAY MAIDSTONE ROAD CHATHAM KENT ME5 9FD
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Mugadza Medical Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
127,436 
127,436 
Cash at bank and in hand
147,761 
88,465 
275,197 
215,901 
Creditors: amounts falling due within one year
(46,017)
(21,165)
Net current assets
229,180 
194,736 
Total assets less current liabilities
229,180 
194,736 
Creditors: amounts falling due after more than one year
(17,340)
(23,878)
Net assets
211,840 
170,858 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
211,839 
170,857 
Shareholders' funds
211,840 
170,858 
For the year ending 31 August 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 23 April 2024 and were signed on its behalf by
Vongai Laura Nyaradzai Mugadza Director Company Registration No. 9717828
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Mugadza Medical Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Mugadza Medical Ltd is a private company, limited by shares, registered in England and Wales, registration number 9717828. The registered office is 33 Cuff Crescent, London, SE9 5RF, 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 year, 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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
127,436 
127,436 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
31,651 
10,632 
Loans from directors
14,366 
10,533 
46,017 
21,165 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,340 
23,878 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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