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
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
MEDINEEDS UK LTD
Statement of financial position
as at 30 November 2023
Tangible assets
83,086
47,388
Cash at bank and in hand
1,126
21,714
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
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
MEDINEEDS UK LTD
Notes to the Accounts
for the period from 1 November 2022 to 30 November 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
At 1 November 2022
4,198
135
4,333
At 30 November 2023
4,198
135
4,333
At 30 November 2023
79,391
3,695
83,086
At 31 October 2022
44,576
2,812
47,388
Amounts falling due within one year
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
7
Average number of employees
During the period the average number of employees was 5 (2022: 5).