IRIS Accounts Production v22.2.0.402 04484195 director 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044841952021-03-31044841952022-03-31044841952021-04-012022-03-31044841952020-03-31044841952020-04-012021-03-31044841952021-03-3104484195ns16:EnglandWales2021-04-012022-03-3104484195ns15:PoundSterling2021-04-012022-03-3104484195ns11:Director12021-04-012022-03-3104484195ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3104484195ns11:SmallEntities2021-04-012022-03-3104484195ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3104484195ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3104484195ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3104484195ns11:FullAccounts2021-04-012022-03-3104484195ns11:CompanySecretary12021-04-012022-03-3104484195ns11:RegisteredOffice2021-04-012022-03-3104484195ns6:CurrentFinancialInstruments2022-03-3104484195ns6:CurrentFinancialInstruments2021-03-3104484195ns6:ShareCapital2022-03-3104484195ns6:ShareCapital2021-03-3104484195ns6:RetainedEarningsAccumulatedLosses2022-03-3104484195ns6:RetainedEarningsAccumulatedLosses2021-03-3104484195ns6:PlantMachinery2021-04-012022-03-3104484195ns6:PlantMachinery2021-03-3104484195ns6:PlantMachinery2022-03-3104484195ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3104484195ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31
REGISTERED NUMBER: 04484195 (England and Wales)












Medway Marine Surveyors & Consultants
Limited

Unaudited Financial Statements

for the Year Ended 31 March 2022






Medway Marine Surveyors & Consultants
Limited (Registered number: 04484195)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Medway Marine Surveyors & Consultants
Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: C L Chilcott





SECRETARY: Mrs M Chilcott





REGISTERED OFFICE: 1 Marchant Mews
Newington
Folkestone
Kent
CT18 8FD





REGISTERED NUMBER: 04484195 (England and Wales)





ACCOUNTANTS: Edwards & Co
Chartered Accountants
Unit 1, Goat Lees
Trinity Road
Ashford
Kent
TN25 4AB

Medway Marine Surveyors & Consultants
Limited (Registered number: 04484195)

Statement of Financial Position
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 865 -

CURRENT ASSETS
Debtors 5 10,806 10,422
Cash at bank 5,426 3,426
16,232 13,848
CREDITORS
Amounts falling due within one year 6 8,242 7,833
NET CURRENT ASSETS 7,990 6,015
TOTAL ASSETS LESS CURRENT LIABILITIES 8,855 6,015

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,755 5,915
SHAREHOLDERS' FUNDS 8,855 6,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2022 and were signed by:




C L Chilcott - Director


Medway Marine Surveyors & Consultants
Limited (Registered number: 04484195)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Medway Marine Surveyors & Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the provision of services to customers during the year and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Medway Marine Surveyors & Consultants
Limited (Registered number: 04484195)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 4,056
Additions 889
At 31 March 2022 4,945
DEPRECIATION
At 1 April 2021 4,056
Charge for year 24
At 31 March 2022 4,080
NET BOOK VALUE
At 31 March 2022 865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 10,680 10,300
Other debtors 126 122
10,806 10,422

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 3,333 3,421
Other creditors 4,909 4,412
8,242 7,833