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REGISTERED NUMBER: 07185608 (England and Wales)















Medway Premier Homes.com Ltd

Unaudited Financial Statements for the Year Ended 31 December 2022






Medway Premier Homes.com Ltd (Registered number: 07185608)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Medway Premier Homes.com Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTORS: R M A Beebeejaun
H R Dabasia





REGISTERED OFFICE: The Joiners Shop
The Historic Dockyard
Chatham
Kent
ME4 4TZ





REGISTERED NUMBER: 07185608 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Medway Premier Homes.com Ltd (Registered number: 07185608)

Statement of Financial Position
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 637 -

CURRENT ASSETS
Debtors 5 8,460 7,246
Cash at bank and in hand 212 1,915
8,672 9,161
CREDITORS
Amounts falling due within one year 6 23,209 9,080
NET CURRENT (LIABILITIES)/ASSETS (14,537 ) 81
TOTAL ASSETS LESS CURRENT LIABILITIES (13,900 ) 81

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (13,910 ) 71
SHAREHOLDERS' FUNDS (13,900 ) 81

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 5 October 2023 and were signed on its behalf by:





R M A Beebeejaun - Director


Medway Premier Homes.com Ltd (Registered number: 07185608)

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

1. STATUTORY INFORMATION

Medway Premier Homes.com Ltd 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.

At the year end the company had net liabilities of £13,900. The company is expected to return to being profitable in the near future. On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition
Turnover represents invoiced sales of services 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 - 25% on cost

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. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

Medway Premier Homes.com Ltd (Registered number: 07185608)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 849
At 31 December 2022 849
DEPRECIATION
Charge for year 212
At 31 December 2022 212
NET BOOK VALUE
At 31 December 2022 637

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 360 4,315
Other debtors 8,100 2,931
8,460 7,246

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1,288 988
Taxation and social security 2,630 3,337
Other creditors 19,291 4,755
23,209 9,080

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
R M A Beebeejaun
Balance outstanding at start of year 2,931 2,035
Amounts advanced 3,125 2,931
Amounts repaid - (2,035 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,056 2,931

Interest is charged at the HMRC official rate on loans to directors that exceed the HMRC exempt amount. The loan is repayable on demand.