Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-312021-01-01truefalseNo description of principal activity22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11738278 2021-01-01 2021-12-31 11738278 2020-01-01 2020-12-31 11738278 2021-12-31 11738278 2020-12-31 11738278 c:Director1 2021-01-01 2021-12-31 11738278 c:Director2 2021-01-01 2021-12-31 11738278 c:RegisteredOffice 2021-01-01 2021-12-31 11738278 d:FreeholdInvestmentProperty 2021-12-31 11738278 d:FreeholdInvestmentProperty 2020-12-31 11738278 d:CurrentFinancialInstruments 2021-12-31 11738278 d:CurrentFinancialInstruments 2020-12-31 11738278 d:Non-currentFinancialInstruments 2021-12-31 11738278 d:Non-currentFinancialInstruments 2020-12-31 11738278 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11738278 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 11738278 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 11738278 d:Non-currentFinancialInstruments d:AfterOneYear 2020-12-31 11738278 d:ShareCapital 2021-12-31 11738278 d:ShareCapital 2020-12-31 11738278 d:RetainedEarningsAccumulatedLosses 2021-12-31 11738278 d:RetainedEarningsAccumulatedLosses 2020-12-31 11738278 c:FRS102 2021-01-01 2021-12-31 11738278 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 11738278 c:FullAccounts 2021-01-01 2021-12-31 11738278 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure
Company registration number: 11738278







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2021


MARINAS AND MOORINGS UK LIMITED






































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MARINAS AND MOORINGS UK LIMITED
 


 
COMPANY INFORMATION


Directors
K A Smith 
M Smith 




Registered number
11738278



Registered office
Centrum House
36 Station Road

Egham

Surrey

TW20 9LF




Trading Address
Windrush
Flaxton Road

Strensall

Yorkshire

YO32 5XQ






Accountants
Menzies LLP
Chartered Accountants

Centrum House

36 Station Road

Egham

Surrey

TW20 9LF





 


MARINAS AND MOORINGS UK LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


MARINAS AND MOORINGS UK LIMITED
REGISTERED NUMBER:11738278



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Investment property
 4 
394,000
394,000

  
394,000
394,000

Current assets
  

Cash at bank and in hand
  
8,515
18,949

  
8,515
18,949

Creditors: amounts falling due within one year
 5 
(3,467)
(8,746)

Net current assets
  
 
 
5,048
 
 
10,203

Total assets less current liabilities
  
399,048
404,203

Creditors: amounts falling due after more than one year
 6 
(330,862)
(330,112)

Provisions for liabilities
  

Deferred tax - balance b/fwd
  
(12,774)
(12,774)

  
 
 
(12,774)
 
 
(12,774)

Net assets
  
55,412
61,317


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
55,312
61,217

  
55,412
61,317


Page 1

 


MARINAS AND MOORINGS UK LIMITED
REGISTERED NUMBER:11738278


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2021

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Smith
Director
Date: 18 August 2022

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 


MARINAS AND MOORINGS UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Marinas and Moorings UK Limited is a private company, limited by shares, registered in England and Wales. The address of the registered office and principal place of business is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is generated by rent received from investment property and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 


MARINAS AND MOORINGS UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

Page 4

 


MARINAS AND MOORINGS UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2021
394,000



At 31 December 2021
394,000

The 2021 valuations were made by the company directors, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2021
£


Historic cost
326,766

326,766


5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Corporation tax
-
1,838

Accruals and deferred income
3,467
6,908

3,467
8,746



6.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Other loans
330,862
330,112

330,862
330,112



7.


Related party transactions

At the year end, the company owed £330,862 to M Smith, a director and shareholder of the company. No interest was chargeable on this loan, and it is not repayable on demand.

 
Page 5