Company Registration No. 11842488 (England and Wales)
MEGALINK LTD
Unaudited accounts
for the period from 1 March 2024 to 31 March 2025
MEGALINK LTD
Unaudited accounts
Contents
MEGALINK LTD
Company Information
for the period from 1 March 2024 to 31 March 2025
Director
Anthony Edem Kofi Adigbo
Company Number
11842488 (England and Wales)
Registered Office
71-75 SHELTON STREET
LONDON
GREATER LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Edmil Accountants UK Ltd
78A Broadway
Didcot
Oxfordshire
OX11 8AE
MEGALINK LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
1,163
1,172
Creditors: amounts falling due within one year
(10,080)
(11,401)
Net current liabilities
(8,917)
(10,229)
Total assets less current liabilities
(8,917)
(9,529)
Creditors: amounts falling due after more than one year
(7,457)
(8,724)
Net liabilities
(16,374)
(18,253)
Called up share capital
100
100
Profit and loss account
(16,474)
(18,353)
Shareholders' funds
(16,374)
(18,253)
For the period 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 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 2 December 2025 and were signed on its behalf by
Anthony Edem Kofi Adigbo
Director
Company Registration No. 11842488
MEGALINK LTD
Notes to the Accounts
for the period from 1 March 2024 to 31 March 2025
MEGALINK LTD is a private company, limited by shares, registered in England and Wales, registration number 11842488. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Straight Line
Computer equipment
20% Straight Line
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
2,500
1,000
3,500
At 31 March 2025
2,500
1,000
3,500
At 1 March 2024
2,000
800
2,800
Charge for the period
500
200
700
At 31 March 2025
2,500
1,000
3,500
At 29 February 2024
500
200
700
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
10,080
11,401
MEGALINK LTD
Notes to the Accounts
for the period from 1 March 2024 to 31 March 2025
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Creditors: amounts falling due after more than one year
2025
2024
Included in Creditors due over 12 months is an amount of £7,457 owed to Barclays Bank in the form of Bounce Back Loan. (FY:2024 - £8,724 )
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Average number of employees
During the period the average number of employees was 0 (2024: 0).