It's changed a bit - you now have to have completed all hour building BEFORE the skills test.
On the bright side, there are plenty of ways to command a plane without an EASA medical.
"Applicants for and holders of a CPL shall hold a class one medical."
You can do everything - (hour building, IR training IR test, CPL training) - except the CPL test itself. As long as you get a class one medical on the morning of the test, you should be good to go.