Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06483657 Mr T G Feite Qas Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06483657 2022-12-31 06483657 2023-12-31 06483657 2023-01-01 2023-12-31 06483657 frs-core:CurrentFinancialInstruments 2023-12-31 06483657 frs-core:ShareCapital 2023-12-31 06483657 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 06483657 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06483657 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06483657 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06483657 frs-bus:SmallEntities 2023-01-01 2023-12-31 06483657 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06483657 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06483657 frs-bus:Director1 2023-01-01 2023-12-31 06483657 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 06483657 frs-countries:EnglandWales 2023-01-01 2023-12-31 06483657 2021-12-31 06483657 2022-12-31 06483657 2022-01-01 2022-12-31 06483657 frs-core:CurrentFinancialInstruments 2022-12-31 06483657 frs-core:ShareCapital 2021-12-31 06483657 frs-core:ShareCapital 2022-12-31 06483657 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 06483657 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 06483657 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06483657
Medsteel Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 06483657
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 22,126 36,928
Cash at bank and in hand 25,986 48,211
48,112 85,139
Creditors: Amounts Falling Due Within One Year 5 (8,000 ) (8,000 )
NET CURRENT ASSETS (LIABILITIES) 40,112 77,139
TOTAL ASSETS LESS CURRENT LIABILITIES 40,112 77,139
NET ASSETS 40,112 77,139
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Profit and Loss Account 39,112 76,139
SHAREHOLDERS' FUNDS 40,112 77,139
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr T G Feite
Director
17/10/2024
The notes on page 3 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2022 1,000 35,967 36,967
Profit for the year and total comprehensive income - 40,172 40,172
As at 31 December 2022 and 1 January 2023 1,000 76,139 77,139
Loss for the year and total comprehensive income - (37,027 ) (37,027)
As at 31 December 2023 1,000 39,112 40,112
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Medsteel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06483657 . The registered office is 5 Indescon Square, Lightermans Road, London, E14 9DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 9,487 23,297
Other debtors 12,639 13,631
22,126 36,928
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 8,000 8,000
Page 3