2022-04-28 2023-04-30 false Capium Accounts Production 1.1 14076063 bus:AbridgedAccounts 2022-04-28 2023-04-30 14076063 bus:FRS102 2022-04-28 2023-04-30 14076063 bus:AuditExemptWithAccountantsReport 2022-04-28 2023-04-30 14076063 bus:SmallCompaniesRegimeForAccounts 2022-04-28 2023-04-30 14076063 bus:PrivateLimitedCompanyLtd 2022-04-28 2023-04-30 14076063 2022-04-28 2023-04-30 14076063 2023-04-30 14076063 bus:RegisteredOffice 2022-04-28 2023-04-30 14076063 core:WithinOneYear 2023-04-30 14076063 core:AfterOneYear 2023-04-30 14076063 bus:Director1 2022-04-28 2023-04-30 14076063 bus:Director1 2023-04-30 14076063 bus:Director2 2022-04-28 2023-04-30 14076063 bus:Director2 2023-04-30 14076063 2021-04-28 14076063 bus:CompanySecretary1 2022-04-28 2023-04-30 14076063 bus:LeadAgentIfApplicable 2022-04-28 2023-04-30 14076063 2022-04-27 14076063 bus:OrdinaryShareClass1 2022-04-28 2023-04-30 14076063 bus:OrdinaryShareClass1 2023-04-30 14076063 core:FurnitureFittings 2022-04-28 2023-04-30 14076063 core:FurnitureFittings 2023-04-30 14076063 core:FurnitureFittings 2022-04-27 14076063 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 14076063 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-04-27 14076063 core:NetGoodwill 2022-04-28 2023-04-30 14076063 core:NetGoodwill 2023-04-30 14076063 core:NetGoodwill 2022-04-27 14076063 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 14076063 core:CostValuation core:Non-currentFinancialInstruments 2022-04-27 14076063 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-04-30 14076063 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-04-30 14076063 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-04-30 14076063 core:Non-currentFinancialInstruments 2023-04-30 14076063 core:Non-currentFinancialInstruments 2022-04-27 14076063 core:ShareCapital 2023-04-30 14076063 core:RetainedEarningsAccumulatedLosses 2023-04-30 14076063 dpl:Item1 2022-04-28 14076063 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14076063
England and Wales

 

 

 

SPRING MEDWAY LTD


Abridged Accounts
 


Period of accounts

Start date: 28 April 2022

End date: 30 April 2023
Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 April 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Temiz Associates Ltd T-A Temiz & Co Accountant
30 April 2023



....................................................
Temiz Associates Ltd T-A Temiz & Co Accountant
Chartered Public Finance Accountant
73 High Street
Gillingham
Kent
ME7 1BJ
23 December 2023
1
 
 
Notes
 
2023
£
Fixed assets    
Intangible fixed assets 3 7,200 
Tangible fixed assets 4 10,125 
17,325 
Current assets    
Stocks 900 
Cash at bank and in hand 12,255 
13,155 
Creditors: amount falling due within one year (29,718)
Net current liabilities (16,563)
 
Total assets less current liabilities 762 
Net assets 762 
 

Capital and reserves
   
Called up share capital 5 100 
Profit and loss account 662 
Shareholder's funds 762 
 


For the period ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

Spring Medway Ltd
Company was incorporated on the 28th April 2022. Business was acquired on the 26th June 2022 and traded on the 26th June 2022.
The financial statements were approved by the board of directors on 23 December 2023 and were signed on its behalf by:


-------------------------------
Ozgur Tabak
Director
2
General Information
Spring Medway Ltd is a private company, limited by shares, registered in England and Wales, registration number 14076063, registration address 181 High Street, Gillingham, Kent, ME7 1AQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the period was 4.
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 28 April 2022  
Additions 8,000    8,000 
Disposals  
At 30 April 2023 8,000    8,000 
Amortisation
At 28 April 2022  
Charge for period 800    800 
On disposals  
At 30 April 2023 800    800 
Net book values
At 30 April 2023 7,200    7,200 
At 27 April 2022  


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 28 April 2022  
Additions 13,500    13,500 
Disposals  
At 30 April 2023 13,500    13,500 
Depreciation
At 28 April 2022  
Charge for period 3,375    3,375 
On disposals  
At 30 April 2023 3,375    3,375 
Net book values
Closing balance as at 30 April 2023 10,125    10,125 
Opening balance as at 28 April 2022  


5.

Share Capital

Allotted, called up and fully paid
2023
£
100 Class A shares of £1.00 each 100 
100 

3