Company Registration No. 03556949 (England and Wales)
Mediventure Limited
Unaudited accounts
for the year ended 31 March 2025
Mediventure Limited
Unaudited accounts
Contents
Mediventure Limited
Company Information
for the year ended 31 March 2025
Directors
R K Agrawal
K Agrawal
Company Number
03556949 (England and Wales)
Registered Office
1a Red Lion Road
Tolworth
Surbiton
KT6 7QG
Mediventure Limited
Statement of financial position
as at 31 March 2025
Tangible assets
5,849
6,402
Cash at bank and in hand
76,782
104,948
Creditors: amounts falling due within one year
(71,957)
(91,553)
Net current assets
912,292
818,378
Total assets less current liabilities
918,141
824,780
Provisions for liabilities
Deferred tax
(1,462)
(1,601)
Net assets
916,679
823,179
Called up share capital
100
100
Profit and loss account
916,579
823,079
Shareholders' funds
916,679
823,179
For the year ending 31 March 2025 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 12 September 2025 and were signed on its behalf by
R K Agrawal
Director
Company Registration No. 03556949
Mediventure Limited
Notes to the Accounts
for the year ended 31 March 2025
Mediventure Limited is a private company, limited by shares, registered in England and Wales, registration number 03556949. The registered office is 1a Red Lion Road, Tolworth, Surbiton, KT6 7QG.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. 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.
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
25% on a reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Mediventure Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
907,467
804,983
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
25,754
26,290
Taxes and social security
31,305
31,043
Loans from directors
14,898
-
Mediventure Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Transactions with related parties
Drs. R.K. and K. Agrawal, the company's directors, together own 100% of the issued share capital. at the balance sheet date, Drs. R.K. and K. Agrawal were owed £14,898 by the company (2024 - £34,220).
At the balance sheet date, £nil (2024 - £nil) was owed to the company by Distinct Holdings Limited a company in which Drs. R.K. and K. Agrawal are directors and together own 100% of the issued share capital.
At the balance sheet date, £nil (2024 - £nil) was owed to the company by Radiant Care Limited a company in which Drs. R.K. and K. Agrawal are directors and Distinct Holdings Limited owns 100% of the issued share capital.
At the balance sheet date, £599,967 (2024 - £504,950) was owed to the company by Smartbuild Limited a company in which Ms. J. Agrawal, daughter of Drs. R.K. and K. Agrawal, is a director and owns 100% of the issued share capital.
At the balance sheet date, £300,000 (2024 - £300,000) was owed to the company by Kavel Property Limited a company in which Dr. R.K. Agrawal is a director and, together with Dr. K. Agrawal, owns 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 10 (2024: 10).