Company Registration No. 14096353 (England and Wales)
Medeor Surgery Ltd
Filleted Accounts
for the year ended 31 May 2024
Medeor Surgery Ltd
Filleted Accounts
Contents
Medeor Surgery Ltd
Company Information
for the year ended 31 May 2024
Directors
Indrani Mukherjee
Shoumitra Sangal
Company Number
14096353 (England and Wales)
Registered Office
16 Johnnie Johnson Drive
Lutterworth
LE17 4GN
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Medeor Surgery Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
37,119
34,392
Cash at bank and in hand
101,657
72,856
Creditors: amounts falling due within one year
(55,256)
(59,360)
Net current assets
46,401
13,496
Called up share capital
98
98
Profit and loss account
83,422
47,790
Shareholders' funds
83,520
47,888
For the year ending 31 May 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 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 11 February 2025 and were signed on its behalf by
Shoumitra Sangal
Director
Company Registration No. 14096353
Medeor Surgery Ltd
Notes to the Accounts
for the year ended 31 May 2024
Medeor Surgery Ltd is a private company, limited by shares, registered in England and Wales, registration number 14096353. The registered office is 16 Johnnie Johnson Drive, Lutterworth, LE17 4GN.
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 year, 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:
Motor vehicles
20% straight line basis
Fixtures & fittings
25% straight line basis
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Medeor Surgery Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
42,990
-
42,990
At 31 May 2024
42,990
16,103
59,093
At 1 June 2023
8,598
-
8,598
Charge for the year
8,598
4,778
13,376
At 31 May 2024
17,196
4,778
21,974
At 31 May 2024
25,794
11,325
37,119
At 31 May 2023
34,392
-
34,392
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
21,589
13,362
Other creditors
28,057
45,148
Loans from directors
4,585
-
Allotted, called up and fully paid:
49 Ordinary shares A of £1 each
49
49
49 Ordinary shares B of £1 each
49
49
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).