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Company Registration No. 06897016 (England and Wales)
Medway Capital Limited Unaudited accounts for the year ended 31 May 2025
Medway Capital Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Medway Capital Limited Company Information for the year ended 31 May 2025
Directors
Emal Ellepola Melville Strelley
Company Number
06897016 (England and Wales)
Registered Office
43 New Road Gravesend Kent DA11 0AB
Accountants
Elite Accountants (London) Limited 717 Green Lanes Winchmore Hill London N21 3RX
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Medway Capital Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
1
1
Tangible assets
5
30,806
14,764
30,807
14,765
Current assets
Inventories
157,599
180,063
Debtors
28,427
14,063
Cash at bank and in hand
38,316
88,360
224,342
282,486
Creditors: amounts falling due within one year
(103,272)
(150,625)
Net current assets
121,070
131,861
Total assets less current liabilities
151,877
146,626
Creditors: amounts falling due after more than one year
(5,273)
(14,996)
Net assets
146,604
131,630
Capital and reserves
Called up share capital
60
60
Capital redemption reserve
30
30
Profit and loss account
146,514
131,540
Shareholders' funds
146,604
131,630
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 January 2026 and were signed on its behalf by
Emal Ellepola Director Company Registration No. 06897016
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Medway Capital Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Medway Capital Limited is a private company, limited by shares, registered in England and Wales, registration number 06897016. The registered office is 43 New Road, Gravesend, Kent, DA11 0AB.
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
15% reducing balance
Fixtures & fittings
25% reducing balance.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
£
Cost
At 1 June 2024
19,950
At 31 May 2025
19,950
Amortisation
At 1 June 2024
19,949
At 31 May 2025
19,949
Net book value
At 31 May 2025
1
At 31 May 2024
1
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Medway Capital Limited Notes to the Accounts for the year ended 31 May 2025
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
93,581
Additions
23,215
At 31 May 2025
116,796
Depreciation
At 1 June 2024
78,817
Charge for the year
7,173
At 31 May 2025
85,990
Net book value
At 31 May 2025
30,806
At 31 May 2024
14,764
6
Average number of employees
During the year the average number of employees was 9 (2024: 10).
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