1 April 2024 false Taxfiler 2024.6 08791461business:PrivateLimitedCompanyLtd2024-04-012025-03-31 087914612024-03-31 087914612024-04-012025-03-31 08791461business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 08791461business:FilletedAccounts2024-04-012025-03-31 087914612025-03-31 08791461business:Director12024-04-012025-03-31 08791461business:Director22024-04-012025-03-31 08791461business:RegisteredOffice2024-04-012025-03-31 087914612024-03-31 08791461core:WithinOneYear2025-03-31 08791461core:WithinOneYear2024-03-31 08791461core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 08791461core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08791461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 08791461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08791461core:PreviouslyStatedAmount2025-03-31 08791461core:PreviouslyStatedAmount2024-03-31 08791461business:SmallEntities2024-04-012025-03-31 08791461countries:EnglandWales2024-04-012025-03-31 08791461core:LandBuildings2024-04-012025-03-31 08791461core:PlantMachinery2024-04-012025-03-31 08791461core:PlantMachinery2024-03-31 08791461core:PlantMachinery2025-03-31 087914612023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08791461 (England and Wales)
Medlams Surveys Limited Unaudited accounts for the year ended 31 March 2025
Medlams Surveys Limited Unaudited accounts Contents
Page
- 2 -
Medlams Surveys Limited Company Information for the year ended 31 March 2025
Directors
Mrs R Golds Mr R Golds
Company Number
08791461 (England and Wales)
Registered Office
RIDGE FARM SCANT ROAD EAST HAMBROOK CHICHESTER WEST SUSSEX PO18 8UB
- 3 -
Medlams Surveys Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,191 
20,794 
Current assets
Debtors
11,877 
12,719 
Cash at bank and in hand
49,441 
22,951 
61,318 
35,670 
Creditors: amounts falling due within one year
(30,914)
(14,211)
Net current assets
30,404 
21,459 
Total assets less current liabilities
43,595 
42,253 
Provisions for liabilities
Deferred tax
(2,506)
(3,951)
Net assets
41,089 
38,302 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
40,989 
38,202 
Shareholders' funds
41,089 
38,302 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by
Mrs R Golds Director Company Registration No. 08791461
- 4 -
Medlams Surveys Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Medlams Surveys Limited is a private company, limited by shares, registered in England and Wales, registration number 08791461. The registered office is RIDGE FARM SCANT ROAD EAST, HAMBROOK, CHICHESTER, WEST SUSSEX, PO18 8UB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No Depreciation charged
Plant & machinery
20% per annum straight line
Operating Leases
Rentals applicable to operating leases where substantially all of the benefits of risk of ownership remain with the lessor are charged to the profit and loss account as incurred.
Deferred taxation
Deferred tax has been provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Government grants
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income, on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
- 5 -
Medlams Surveys Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2024
68,524 
At 31 March 2025
68,524 
Depreciation
At 1 April 2024
47,730 
Charge for the year
7,603 
At 31 March 2025
55,333 
Net book value
At 31 March 2025
13,191 
At 31 March 2024
20,794 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,058 
11,968 
Other debtors
819 
751 
11,877 
12,719 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
28,959 
12,384 
Other creditors
1,954 
1,715 
Loans from directors
1 
112 
30,914 
14,211 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -