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Company Registration No. 03920303 (England and Wales)
F.T. MEDCALF (2000) LIMITED Unaudited accounts for the year ended 31 March 2025
F.T. MEDCALF (2000) LIMITED Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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F.T. MEDCALF (2000) LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Inventories
5,870
8,000
Debtors
5
14,529
11,193
Cash at bank and in hand
2,657
3,117
23,056
22,310
Creditors: amounts falling due within one year
6
(34,854)
(42,234)
Net current liabilities
(11,798)
(19,924)
Total assets less current liabilities
(11,798)
(19,924)
Creditors: amounts falling due after more than one year
7
(21,580)
(21,625)
Net liabilities
(33,378)
(41,549)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
(33,478)
(41,649)
Shareholders' funds
(33,378)
(41,549)
For the year 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 23 December 2025 and were signed on its behalf by
Kevin Robert De'ath Director Company Registration No. 03920303
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F.T. MEDCALF (2000) LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
F.T. MEDCALF (2000) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03920303. The registered office is Unit 9, Radio Lane, Dagenham, Essex, RM8 2GU, 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 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:
Computer equipment
33.33% straight line basis
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Going concern
The company is a going concern. The company is funded and supported by long term shareholders.
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F.T. MEDCALF (2000) LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
19,822
At 31 March 2025
19,822
Depreciation
At 1 April 2024
19,822
At 31 March 2025
19,822
Net book value
At 31 March 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
14,529
11,073
Accrued income and prepayments
-
120
14,529
11,193
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,551
5,193
VAT
2,532
2,627
Trade creditors
2,986
7,753
Taxes and social security
3,030
2,619
Other creditors
13,210
15,497
Loans from directors
8,045
8,045
Accruals
500
500
34,854
42,234
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
21,580
21,625
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Controlling party
The Company is controlled by the directors by virtue of their shareholdings.
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F.T. MEDCALF (2000) LIMITED Notes to the Accounts for the year ended 31 March 2025
10
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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