Company Registration No. 03549668 (England and Wales)
Medidisk Solutions Limited
Unaudited accounts
for the year ended 29 September 2024
Medidisk Solutions Limited
Unaudited accounts
Contents
Medidisk Solutions Limited
Company Information
for the year ended 29 September 2024
Director
Patrick Joseph Finnegan
Company Number
03549668 (England and Wales)
Registered Office
C/O ACCOUNTS & LEGAL
The Hop Exchange
24 Southwark Street
London
SE1 1TY
United Kingdom
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Medidisk Solutions Limited
Accountants' report
Accountants' report to the director of Medidisk Solutions Limited on the preparation of the unaudited statutory accounts for the year ended 29 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Medidisk Solutions Limited for the year ended
29 September 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Medidisk Solutions Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Medidisk Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Medidisk Solutions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Medidisk Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Medidisk Solutions Limited. You consider that Medidisk Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Medidisk Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
29 June 2025
Medidisk Solutions Limited
Statement of financial position
as at 29 September 2024
Investment property
556,285
556,285
Cash at bank and in hand
3,910
2,071
Creditors: amounts falling due within one year
(333,444)
(335,593)
Net current liabilities
(61,070)
(66,746)
Total assets less current liabilities
495,215
489,539
Creditors: amounts falling due after more than one year
413,641
413,641
Provisions for liabilities
Deferred tax
(58,946)
(58,946)
Net assets
849,910
844,234
Called up share capital
20
20
Revaluation reserve
235,785
235,785
Profit and loss account
614,105
608,429
Shareholders' funds
849,910
844,234
For the year ending 29 September 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 29 June 2025 and were signed on its behalf by
Patrick Joseph Finnegan
Director
Company Registration No. 03549668
Medidisk Solutions Limited
Notes to the Accounts
for the year ended 29 September 2024
Medidisk Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 03549668. The registered office is C/O ACCOUNTS & LEGAL, The Hop Exchange, 24 Southwark Street, London, SE1 1TY, United Kingdom.
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.
All transactions in the year are in Euro. All year-end balances are denominated in Euro
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director has reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, he continues to adopt the going concern basis in preparing the financial statements.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Medidisk Solutions Limited
Notes to the Accounts
for the year ended 29 September 2024
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Fair value at 30 September 2023
556,285
At 29 September 2024
556,285
Amounts falling due after more than one year
Amounts due from group undertakings etc.
268,464
266,776
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
22,146
20,813
Loans from directors
308,058
313,220
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
(413,641)
(413,641)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).