29 February 2024 false No description of principal activity Taxfiler 2024.6 13208054 business:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 13208054 2024-02-28 13208054 2024-02-29 2025-02-28 13208054 business:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 13208054 business:FilletedAccounts 2024-02-29 2025-02-28 13208054 2025-02-28 13208054 business:Director1 2024-02-29 2025-02-28 13208054 business:RegisteredOffice 2024-02-29 2025-02-28 13208054 2024-02-28 13208054 core:WithinOneYear 2025-02-28 13208054 core:WithinOneYear 2024-02-28 13208054 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 13208054 core:ShareCapital core:PreviouslyStatedAmount 2024-02-28 13208054 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 13208054 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-28 13208054 core:PreviouslyStatedAmount 2025-02-28 13208054 core:PreviouslyStatedAmount 2024-02-28 13208054 business:SmallEntities 2024-02-29 2025-02-28 13208054 countries:EnglandWales 2024-02-29 2025-02-28 13208054 core:MotorVehicles 2024-02-29 2025-02-28 13208054 core:PlantMachinery 2024-02-28 13208054 core:MotorVehicles 2024-02-28 13208054 core:PlantMachinery 2024-02-29 2025-02-28 13208054 core:PlantMachinery 2025-02-28 13208054 core:MotorVehicles 2025-02-28 13208054 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13208054 (England and Wales)
CROSSFIT MEDWAY LTD Unaudited accounts for the period from 29 February 2024 to 28 February 2025
CROSSFIT MEDWAY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CROSSFIT MEDWAY LTD Company Information for the period from 29 February 2024 to 28 February 2025
Director
Don Yates
Company Number
13208054 (England and Wales)
Registered Office
4 CRUSADER CLOSE GILLINGHAM ME8 0PR UNITED KINGDOM
Accountants
Nicola Edkins ACA 25 Salisbury Avenue Gillingham Kent ME8 0BH
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CROSSFIT MEDWAY LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
37,029
38,746
Current assets
Debtors
5
8,676
9,487
Cash at bank and in hand
2,807
4,687
11,483
14,174
Creditors: amounts falling due within one year
6
(60,887)
(52,169)
Net current liabilities
(49,404)
(37,995)
Net (liabilities)/assets
(12,375)
751
Capital and reserves
Called up share capital
1
1
Profit and loss account
(12,376)
750
Shareholders' funds
(12,375)
751
For the period ending 28 February 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 director acknowledges his 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 and authorised for issue on 5 March 2025 and were signed on its behalf by
Don Yates Director Company Registration No. 13208054
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CROSSFIT MEDWAY LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
CROSSFIT MEDWAY LTD is a private company, limited by shares, registered in England and Wales, registration number 13208054. The registered office is 4 CRUSADER CLOSE, GILLINGHAM, ME8 0PR, UNITED KINGDOM.
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 period, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Straight Line over 4 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 29 February 2024
15,775
49,098
64,873
Additions
12,135
-
12,135
At 28 February 2025
27,910
49,098
77,008
Depreciation
At 29 February 2024
1,577
24,550
26,127
Charge for the period
1,577
12,275
13,852
At 28 February 2025
3,154
36,825
39,979
Net book value
At 28 February 2025
24,756
12,273
37,029
At 28 February 2024
14,198
24,548
38,746
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CROSSFIT MEDWAY LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
8,676
9,487
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
3,511
2,934
Loans from directors
57,376
49,235
60,887
52,169
7
Average number of employees
During the period the average number of employees was 1 (2024: 1).
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