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REGISTERED NUMBER: 12286128 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Accsys Accountants (Medway) Limited

Accsys Accountants (Medway) Limited (Registered number: 12286128)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Accsys Accountants (Medway) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr W Wood





REGISTERED OFFICE: F39 Innovation Centre Medway
Maidstone
Kent
ME5 9FD





REGISTERED NUMBER: 12286128 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Accsys Accountants (Medway) Limited (Registered number: 12286128)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 132,513 156,921
Tangible assets 5 1,229 1,139
133,742 158,060

CURRENT ASSETS
Debtors 6 42,287 28,225
Cash at bank 23,494 47,983
65,781 76,208
CREDITORS
Amounts falling due within one year 7 95,378 72,062
NET CURRENT (LIABILITIES)/ASSETS (29,597 ) 4,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,145

162,206

CREDITORS
Amounts falling due after more than one
year

8

-

72,367
NET ASSETS 104,145 89,839

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 104,045 89,739
SHAREHOLDERS' FUNDS 104,145 89,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:



Mr W Wood - Director


Accsys Accountants (Medway) Limited (Registered number: 12286128)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Accsys Accountants (Medway) 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 244,074
AMORTISATION
At 1 April 2024 87,153
Charge for year 24,408
At 31 March 2025 111,561
NET BOOK VALUE
At 31 March 2025 132,513
At 31 March 2024 156,921

Accsys Accountants (Medway) Limited (Registered number: 12286128)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2024 1,590 1,057 2,647
Additions - 408 408
At 31 March 2025 1,590 1,465 3,055
DEPRECIATION
At 1 April 2024 1,087 421 1,508
Charge for year 125 193 318
At 31 March 2025 1,212 614 1,826
NET BOOK VALUE
At 31 March 2025 378 851 1,229
At 31 March 2024 503 636 1,139

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 40,165 23,048
Other debtors 2,122 5,177
42,287 28,225

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 58,008 37,871
Trade creditors 4,382 8,395
Taxation and social security 32,978 25,796
Other creditors 10 -
95,378 72,062

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans - 72,367