Company Registration No. 15201401 (England and Wales)
Medo Services Ltd
Unaudited accounts
for the period from 10 October 2023 to 31 October 2024
Medo Services Ltd
Unaudited accounts
Contents
Medo Services Ltd
Company Information
for the period from 10 October 2023 to 31 October 2024
Director
Bogdan-Constantin Iosub
Company Number
15201401 (England and Wales)
Registered Office
55 Malthouse Drive
Grays
Essex
RM17 5FG
England
Accountants
CMA Group Limited
Maylands Business Centre
Redbourn Road
Hemel Hempstead
England
HP2 7ES
Medo Services Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
853
Creditors: amounts falling due within one year
(8,832)
Net current liabilities
(14,106)
Total assets less current liabilities
46,038
Creditors: amounts falling due after more than one year
(38,886)
Profit and loss account
7,151
For the period ending 31 October 2024 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 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 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 and authorised for issue on 15 January 2025 and were signed on its behalf by
Bogdan-Constantin Iosub
Director
Company Registration No. 15201401
Medo Services Ltd
Notes to the Accounts
for the period from 10 October 2023 to 31 October 2024
Medo Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 15201401. The registered office is 55 Malthouse Drive, Grays, Essex, RM17 5FG, 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.
These financial statements for the period from 10 October 2023 to 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 10 October 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
Reducing Balance 15%
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Tangible fixed assets
Motor vehicles
Charge for the period
2,535
Medo Services Ltd
Notes to the Accounts
for the period from 10 October 2023 to 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
(6,127)
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
8,832
7
Creditors: amounts falling due after more than one year
2024
Obligations under finance leases and hire purchase contracts
30,286
Loans from directors
8,600
8
Average number of employees
During the period the average number of employees was 1.