1 November 2024 false No description of principal activity Taxfiler 2024.6 12968587 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12968587 2024-10-31 12968587 2024-11-01 2025-10-31 12968587 business:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 12968587 business:FilletedAccounts 2024-11-01 2025-10-31 12968587 2025-10-31 12968587 business:Director1 2024-11-01 2025-10-31 12968587 business:RegisteredOffice 2024-11-01 2025-10-31 12968587 2024-10-31 12968587 core:WithinOneYear 2025-10-31 12968587 core:WithinOneYear 2024-10-31 12968587 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 12968587 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 12968587 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 12968587 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 12968587 core:PreviouslyStatedAmount 2025-10-31 12968587 core:PreviouslyStatedAmount 2024-10-31 12968587 business:SmallEntities 2024-11-01 2025-10-31 12968587 countries:EnglandWales 2024-11-01 2025-10-31 12968587 core:FurnitureFittings 2024-11-01 2025-10-31 12968587 core:ComputerEquipment 2024-11-01 2025-10-31 12968587 core:FurnitureFittings 2024-10-31 12968587 core:ComputerEquipment 2024-10-31 12968587 core:FurnitureFittings 2025-10-31 12968587 core:ComputerEquipment 2025-10-31 12968587 business:OrdinaryShareClass1 2024-11-01 2025-10-31 12968587 business:OrdinaryShareClass1 2023-11-01 2024-10-31 12968587 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12968587 (England and Wales)
REMG Ltd Unaudited accounts for the year ended 31 October 2025
REMG Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
REMG Ltd Company Information for the year ended 31 October 2025
Director
Remigijus Grigaliunas
Company Number
12968587 (England and Wales)
Registered Office
42 WESTMOUNT AVENUE CHATHAM ME4 6DB ENGLAND
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
- 3 -
REMG Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,966
6,498
Current assets
Debtors
5
13,772
5,592
Cash at bank and in hand
158,526
150,410
172,298
156,002
Creditors: amounts falling due within one year
6
(30,871)
(25,843)
Net current assets
141,427
130,159
Net assets
146,393
136,657
Capital and reserves
Called up share capital
7
6
6
Profit and loss account
146,387
136,651
Shareholders' funds
146,393
136,657
For the year ending 31 October 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 19 January 2026 and were signed on its behalf by
Remigijus Grigaliunas Director Company Registration No. 12968587
- 4 -
REMG Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
REMG Ltd is a private company, limited by shares, registered in England and Wales, registration number 12968587. The registered office is 42 WESTMOUNT AVENUE, CHATHAM, ME4 6DB, ENGLAND.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
REMG Ltd Notes to the Accounts for the year ended 31 October 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
3,757
11,026
14,783
Additions
-
125
125
At 31 October 2025
3,757
11,151
14,908
Depreciation
At 1 November 2024
2,634
5,651
8,285
Charge for the year
282
1,375
1,657
At 31 October 2025
2,916
7,026
9,942
Net book value
At 31 October 2025
841
4,125
4,966
At 31 October 2024
1,123
5,375
6,498
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
3,300
Accrued income and prepayments
13,772
2,292
13,772
5,592
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
25
-
VAT
9,319
6,789
Taxes and social security
19,475
19,049
Loans from directors
1,092
(955)
Accruals
960
960
30,871
25,843
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).
- 6 -