Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29true2023-03-01falseNo description of principal activity44falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9993343 2023-03-01 2024-02-29 9993343 2022-03-01 2023-02-28 9993343 2024-02-29 9993343 2023-02-28 9993343 c:Director1 2023-03-01 2024-02-29 9993343 c:RegisteredOffice 2023-03-01 2024-02-29 9993343 d:OfficeEquipment 2023-03-01 2024-02-29 9993343 d:OfficeEquipment 2024-02-29 9993343 d:OfficeEquipment 2023-02-28 9993343 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 9993343 d:CurrentFinancialInstruments 2024-02-29 9993343 d:CurrentFinancialInstruments 2023-02-28 9993343 d:Non-currentFinancialInstruments 2024-02-29 9993343 d:Non-currentFinancialInstruments 2023-02-28 9993343 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 9993343 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 9993343 d:ShareCapital 2024-02-29 9993343 d:ShareCapital 2023-02-28 9993343 d:RetainedEarningsAccumulatedLosses 2024-02-29 9993343 d:RetainedEarningsAccumulatedLosses 2023-02-28 9993343 c:FRS102 2023-03-01 2024-02-29 9993343 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 9993343 c:FullAccounts 2023-03-01 2024-02-29 9993343 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 9993343 d:WithinOneYear 2024-02-29 9993343 d:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure
Company registration number: 9993343







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
29 FEBRUARY 2024


MEDLINK STUDENTS LIMITED






































img0cb8.png                        

 


MEDLINK STUDENTS LIMITED
 


 
COMPANY INFORMATION


Director
Sam Imad El Mais 




Registered number
9993343



Registered office
45 Twemlow Avenue
Poole

Dorset

BH14 8AL




Trading Address
45 Twemlow Avenue
Poole

Dorset

BH14 8AL






Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT






 


MEDLINK STUDENTS LIMITED
REGISTERED NUMBER:9993343



STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,995
5,466

  
2,995
5,466

Current assets
  

Debtors: amounts falling due after more than one year
 5 
-
2,318

Debtors: amounts falling due within one year
 5 
12,671
11,590

Cash at bank and in hand
  
1,581,588
1,778,803

  
1,594,259
1,792,711

Creditors: amounts falling due within one year
 6 
(1,441,649)
(1,646,908)

Net current assets
  
 
 
152,610
 
 
145,803

Total assets less current liabilities
  
155,605
151,269

  

Net assets
  
155,605
151,269


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
155,604
151,268

  
155,605
151,269


Page 1

 


MEDLINK STUDENTS LIMITED
REGISTERED NUMBER:9993343


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 August 2024.

Sam Imad El Mais
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


MEDLINK STUDENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Medlink Students Limited is a private company limited by shares, incorporated in England and Wales. The address of the registered office and the principal place of business is 45 Twemlow Avenue, Poole, Dorset, BH14 8AL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2
Revenue

Commission and student placement revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Commission and student placement revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 


MEDLINK STUDENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 


MEDLINK STUDENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2023
17,657


Additions
886



At 29 February 2024

18,543



Depreciation


At 1 March 2023
12,191


Charge for the year on owned assets
3,357



At 29 February 2024

15,548



Net book value



At 29 February 2024
2,995



At 28 February 2023
5,466

Page 5

 


MEDLINK STUDENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
-
2,318

-
2,318


2024
2023
£
£

Due within one year

Other debtors
12,671
11,590

12,671
11,590



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
50,434
30,243

Corporation tax
4,444
3,641

Other taxation and social security
7,650
5,444

Other creditors
1,374,421
1,603,180

Accruals and deferred income
4,700
4,400

1,441,649
1,646,908



7.


Commitments under operating leases

At 29 February 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
28,665
28,665

28,665
28,665

 
Page 6