REGISTERED NUMBER: 06674331 (England and Wales)

Medway Premier Lettings.Com Ltd

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

R M A Beebeejaun

REGISTERED OFFICE:

The Joiners Shop

Main Gate Road

The Historic Dockyard

Chatham

Kent

ME4 4TZ

REGISTERED NUMBER:

06674331 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

1,100

1,613

CURRENT ASSETS

Debtors

5

227,502

187,034

Cash at bank and in hand

1,237

3,096

228,739

190,130

CREDITORS

Amounts falling due within one year

6

245,978

206,036

NET CURRENT LIABILITIES

(17,239

)

(15,906

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,139

)

(14,293

)

CREDITORS

Amounts falling due after more than one year

7

1,583

5,384

NET LIABILITIES

(17,722

)

(19,677

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(17,732

)

(19,687

)

SHAREHOLDERS' FUNDS

(17,722

)

(19,677

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2025 and were signed by:

R M A Beebeejaun - Director

1.	STATUTORY INFORMATION

Medway Premier Lettings.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 £17,722. The company is expected to return to being

profitable in the near future and the directors pledges continued support to the company. On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Turnover represents the fair value of consideration received or receivable derived from the provision of services to customers during the year (excluding value added tax) 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 reducing balance

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

3,846

DEPRECIATION

At 1 January 2024

2,233

Charge for year

513

At 31 December 2024

2,746

NET BOOK VALUE

At 31 December 2024

1,100

At 31 December 2023

1,613

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

227,502

187,034

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

3,800

3,800

Trade creditors

4,089

4,101

Taxation and social security

227,907

188,748

Other creditors

10,182

9,387

245,978

206,036

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

1,583

5,384

8.	LEASING AGREEMENTS

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

R M A Beebeejaun

Balance outstanding at start of year

115,018

109,641

Amounts advanced

19,209

5,377

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

134,227

115,018

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

The director has provided a personal guarantee to secure the company's bank overdraft facility.