THE MEDICINE GARDEN LTD

Company Registration Number:
07045800 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

THE MEDICINE GARDEN LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

THE MEDICINE GARDEN LTD

Company Information

for the Period Ended 30 November 2023




Director: S J L Taylor
Z C Jones
Secretary: S Pinnell
Registered office: 13
Bramber Road
Chichester
West Sussex
PO19 8DA
Company Registration Number: 07045800 (England and Wales)

THE MEDICINE GARDEN LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 514 743
Total fixed assets: 514 743
Current assets
Cash at bank and in hand: 15,761 11,063
Total current assets: 15,761 11,063
Creditors: amounts falling due within one year: 5 ( 11,190 ) ( 4,506 )
Net current assets (liabilities): 4,571 6,557
Total assets less current liabilities: 5,085 7,300
Total net assets (liabilities): 5,085 7,300

The notes form part of these financial statements

THE MEDICINE GARDEN LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 5,083 7,298
Shareholders funds: 5,085 7,300

For the year ending 30 November 2023 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.

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

This report was approved by the board of directors on 14 August 2024
And Signed On Behalf Of The Board By:

Name: S J L Taylor
Status: Director

The notes form part of these financial statements

THE MEDICINE GARDEN LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Fixtures, fittings, tools and equipment - Over 5 years

THE MEDICINE GARDEN LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

THE MEDICINE GARDEN LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

THE MEDICINE GARDEN LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 December 2022 5,326 5,326
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 5,326 5,326
Depreciation
At 01 December 2022 4,583 4,583
Charge for year 229 229
On disposals - -
Other adjustments - -
At 30 November 2023 4,812 4,812
Net book value
At 30 November 2023 514 514
At 30 November 2022 743 743

THE MEDICINE GARDEN LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 3,041 3,504
Other creditors 8,149 1,002
Total 11,190 4,506