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Company Registration No. 07120671 (England and Wales)
Medway Civils & Utilities Ltd Unaudited accounts for the year ended 28 February 2025
Medway Civils & Utilities Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Medway Civils & Utilities Ltd Company Information for the year ended 28 February 2025
Directors
Michael Convey Kevin Moran
Company Number
07120671 (England and Wales)
Registered Office
Whitelodge 70 Chatham Road Nr Aylesford Kent ME20 7EQ
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Medway Civils & Utilities Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
116,170
49,675
Investments
5
42,000
42,000
158,170
91,675
Current assets
Debtors
6
877,798
754,965
Cash at bank and in hand
1,045,333
704,954
1,923,131
1,459,919
Creditors: amounts falling due within one year
7
(749,905)
(1,327,091)
Net current assets
1,173,226
132,828
Total assets less current liabilities
1,331,396
224,503
Creditors: amounts falling due after more than one year
8
(342,677)
(175,000)
Net assets
988,719
49,503
Capital and reserves
Profit and loss account
988,719
49,503
Shareholders' funds
988,719
49,503
For the year 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 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 16 October 2025 and were signed on its behalf by
Michael Convey Director Company Registration No. 07120671
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Medway Civils & Utilities Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Medway Civils & Utilities Ltd is a private company, limited by shares, registered in England and Wales, registration number 07120671. The registered office is Whitelodge, 70 Chatham Road, Nr Aylesford, Kent, ME20 7EQ.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Government grants
Other income relates to HMRC Coronavirus Job Retention Scheme.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2024
20,558
276,870
12,500
23,687
333,615
Additions
23,865
29,949
52,945
-
106,759
At 28 February 2025
44,423
306,819
65,445
23,687
440,374
Depreciation
At 1 March 2024
19,016
230,834
12,500
21,590
283,940
Charge for the year
7,508
18,996
13,236
524
40,264
At 28 February 2025
26,524
249,830
25,736
22,114
324,204
Net book value
At 28 February 2025
17,899
56,989
39,709
1,573
116,170
At 29 February 2024
1,542
46,036
-
2,097
49,675
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Medway Civils & Utilities Ltd Notes to the Accounts for the year ended 28 February 2025
5
Investments
Other investments
£
Valuation at 1 March 2024
42,000
Valuation at 28 February 2025
42,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
49,214
25,284
Trade debtors
19,841
21,639
Accrued income and prepayments
602,743
502,042
Other debtors
206,000
206,000
877,798
754,965
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
35,289
30,685
Trade creditors
425,650
539,123
Taxes and social security
63,044
95,428
Other creditors
282,113
587,308
Loans from directors
(132,196)
-
Accruals
76,005
74,547
749,905
1,327,091
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
175,000
175,000
Taxes and social security
167,677
-
342,677
175,000
9
Pension commitments
Pension contributions made in the year include £200,000 and £25000 to M Convey and S Convey respectively
10
Average number of employees
During the year the average number of employees was 10 (2024: 10).
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