Company Registration No. 07774406 (England and Wales)
UK Marine (Fishing Vessels & Workboat Sales) Limited
Unaudited accounts
for the year ended 30 September 2021
UK Marine (Fishing Vessels & Workboat Sales) Limited
Unaudited accounts
Contents
UK Marine (Fishing Vessels & Workboat Sales) Limited
Company Information
for the year ended 30 September 2021
Directors
Terence Ekers
Peter Ekers
Jacqueline Ekers
Margaret Ekers
Wendy Philp
Company Number
07774406 (England and Wales)
Registered Office
Century House
Nicholson Road
Torquay
Devon
TQ2 7TD
Accountants
James Allison Accountants Ltd
5 Mimosa Way
Paignton
Devon
TQ4 7FE
UK Marine (Fishing Vessels & Workboat Sales) Limited
Statement of financial position
as at 30 September 2021
Tangible assets
3,256
1,523
Cash at bank and in hand
16,690
6,756
Creditors: amounts falling due within one year
(7,894)
(3,316)
Net current assets
11,104
5,007
Total assets less current liabilities
14,360
6,530
Provisions for liabilities
Called up share capital
120
120
Profit and loss account
14,240
6,121
Shareholders' funds
14,360
6,241
For the year ending 30 September 2021 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.
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 7 September 2022 and were signed on its behalf by
Terence Ekers
Director
Company Registration No. 07774406
UK Marine (Fishing Vessels & Workboat Sales) Limited
Notes to the Accounts
for the year ended 30 September 2021
UK Marine (Fishing Vessels & Workboat Sales) Limited is a private company, limited by shares, registered in England and Wales, registration number 07774406. The registered office is Century House, Nicholson Road, Torquay, Devon, TQ2 7TD.
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.
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.
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:
Plant & machinery
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2020
-
1,633
1,633
At 30 September 2021
2,854
1,633
4,487
At 1 October 2020
-
110
110
Charge for the year
713
408
1,121
At 30 September 2021
713
518
1,231
At 30 September 2021
2,141
1,115
3,256
At 30 September 2020
-
1,523
1,523
5
Debtors: amounts falling due within one year
2021
2020
UK Marine (Fishing Vessels & Workboat Sales) Limited
Notes to the Accounts
for the year ended 30 September 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
1,956
-
Taxes and social security
2,102
1,146
Proposed dividends
2,572
-
Loans from directors
364
970
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120
120
8
Average number of employees
During the year the average number of employees was 5 (2020: 5).