1 November 2022 false No description of principal activity Taxfiler 2024.5 12964058business:PrivateLimitedCompanyLtd2022-11-012023-11-30 129640582022-10-31 129640582022-11-012023-11-30 12964058business:AuditExempt-NoAccountantsReport2022-11-012023-11-30 12964058business:FilletedAccounts2022-11-012023-11-30 129640582023-11-30 12964058business:Director12022-11-012023-11-30 12964058business:Director22022-11-012023-11-30 12964058business:RegisteredOffice2022-11-012023-11-30 129640582022-10-31 12964058core:WithinOneYear2023-11-30 12964058core:WithinOneYear2022-10-31 12964058core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 12964058core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12964058core:SharePremiumcore:PreviouslyStatedAmount2023-11-30 12964058core:SharePremiumcore:PreviouslyStatedAmount2022-10-31 12964058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 12964058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12964058core:PreviouslyStatedAmount2023-11-30 12964058core:PreviouslyStatedAmount2022-10-31 12964058business:SmallEntities2022-11-012023-11-30 12964058countries:EnglandWales2022-11-012023-11-30 12964058core:FurnitureFittings2022-11-012023-11-30 12964058core:ComputerEquipment2022-11-012023-11-30 12964058core:FurnitureFittings2022-10-31 12964058core:ComputerEquipment2022-10-31 12964058core:FurnitureFittings2023-11-30 12964058core:ComputerEquipment2023-11-30 129640582021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12964058 (England and Wales)
MEDINEEDS UK LTD Unaudited accounts for the period from 1 November 2022 to 30 November 2023
MEDINEEDS UK LTD Unaudited accounts Contents
Page
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MEDINEEDS UK LTD Company Information for the period from 1 November 2022 to 30 November 2023
Directors
Abhirami Ajit Sarah Clauson
Company Number
12964058 (England and Wales)
Registered Office
3 BRIDGE STREET TAUNTON TA1 1TG ENGLAND
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MEDINEEDS UK LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
83,086 
47,388 
Current assets
Inventories
2,246 
2,562 
Debtors
7,751 
7,355 
Cash at bank and in hand
1,126 
21,714 
11,123 
31,631 
Creditors: amounts falling due within one year
(245,927)
(66,234)
Net current liabilities
(234,804)
(34,603)
Net (liabilities)/assets
(151,718)
12,785 
Capital and reserves
Called up share capital
120 
120 
Share premium
199,980 
199,980 
Profit and loss account
(351,818)
(187,315)
Shareholders' funds
(151,718)
12,785 
For the period ending 30 November 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 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 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 of Directors and authorised for issue on 15 January 2024 and were signed on its behalf by
Abhirami Ajit Director Company Registration No. 12964058
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MEDINEEDS UK LTD Notes to the Accounts for the period from 1 November 2022 to 30 November 2023
1
Statutory information
MEDINEEDS UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12964058. The registered office is 3 BRIDGE STREET, TAUNTON, TA1 1TG, 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:
Fixtures & fittings
18%
Computer equipment
18%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
48,774 
2,947 
51,721 
Additions
34,815 
883 
35,698 
At 30 November 2023
83,589 
3,830 
87,419 
Depreciation
At 1 November 2022
4,198 
135 
4,333 
At 30 November 2023
4,198 
135 
4,333 
Net book value
At 30 November 2023
79,391 
3,695 
83,086 
At 31 October 2022
44,576 
2,812 
47,388 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,575 
1,525 
Other debtors
3,176 
5,830 
7,751 
7,355 
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MEDINEEDS UK LTD Notes to the Accounts for the period from 1 November 2022 to 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
102,285 
37,027 
Loans from directors
143,642 
29,207 
245,927 
66,234 
7
Average number of employees
During the period the average number of employees was 5 (2022: 5).
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