Abbreviated Company Accounts - MEDSOL HEALTHCARE SERVICES LTD

04522585 MEDSOL HEALTHCARE SERVICES LTD 2015-01-31 false 2014-02-01 2015-01-31 true 04522585 2014-02-01 2015-01-31 04522585 2015-01-31 04522585 2014-01-31 04522585 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 04522585 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-31 iso4217:GBP shares

Registered Number 04522585

MEDSOL HEALTHCARE SERVICES LTD

Abbreviated Accounts

31 January 2015

MEDSOL HEALTHCARE SERVICES LTD Registered Number 04522585

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	500,000	500,000
Tangible assets	3	1,517	2,060
Investments	4	178,000	178,000
		679,517	680,060
Current assets
Debtors		513,110	613,469
Cash at bank and in hand		2,976	8,335
		516,086	621,804
Creditors: amounts falling due within one year		(665,665)	(763,279)
Net current assets (liabilities)		(149,579)	(141,475)
Total assets less current liabilities		529,938	538,585
Total net assets (liabilities)		529,938	538,585
Capital and reserves
Called up share capital	5	106,705	106,705
Share premium account		426,820	426,820
Profit and loss account		(3,587)	5,060
Shareholders' funds		529,938	538,585

For the year ending 31 January 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 September 2015

And signed on their behalf by:
P Riley, Director
D Jewell, Director

MEDSOL HEALTHCARE SERVICES LTD Registered Number 04522585

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of vat

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset less its estimated residual value over the useful economic life of that aset as follows
Fixtures & fitiings - 15% reducing balance
Equipment - 33% reducing balance

2Intangible fixed assets

	£
Cost
At 1 February 2014	500,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	500,000
Amortisation
At 1 February 2014	-
Charge for the year	-
On disposals	-
At 31 January 2015	-
Net book values
At 31 January 2015	500,000
At 31 January 2014	500,000

3Tangible fixed assets

	£
Cost
At 1 February 2014	27,385
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	27,385
Depreciation
At 1 February 2014	25,325
Charge for the year	543
On disposals	-
At 31 January 2015	25,868
Net book values
At 31 January 2015	1,517
At 31 January 2014	2,060

4Fixed assets Investments
The investment represents the cost of the purchase of shares in Merton Doctors Ltd.

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
42,680 Ordinary shares of £2.50 each	106,700	106,700
2 B Ordinary shares of £2.50 each	5	5