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REGISTERED NUMBER: 08150867







Unaudited Financial Statements

for the Year Ended 31 March 2023

for

KBW Maritime Services Limited

KBW Maritime Services Limited (Registered number: 08150867)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KBW Maritime Services Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: K B Walsh





REGISTERED OFFICE: Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 08150867





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

KBW Maritime Services Limited (Registered number: 08150867)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 539 516
Investments 5 500 500
1,039 1,016

CURRENT ASSETS
Cash at bank 35,897 43,707

CREDITORS
Amounts falling due within one year 6 25,511 36,294
NET CURRENT ASSETS 10,386 7,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,425

8,429

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 11,125 8,129
SHAREHOLDERS' FUNDS 11,425 8,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2023 and were signed by:





K B Walsh - Director


KBW Maritime Services Limited (Registered number: 08150867)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

KBW Maritime Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

KBW Maritime Services Limited (Registered number: 08150867)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 1,734
Additions 413
At 31 March 2023 2,147
DEPRECIATION
At 1 April 2022 1,218
Charge for year 390
At 31 March 2023 1,608
NET BOOK VALUE
At 31 March 2023 539
At 31 March 2022 516

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 500
NET BOOK VALUE
At 31 March 2023 500
At 31 March 2022 500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 20,201 18,188
Other creditors 5,310 18,106
25,511 36,294

KBW Maritime Services Limited (Registered number: 08150867)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary. £1 100 100
100 Ordinary B. £1 100 100
100 Ordinary A. £1 100 100
300 300

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £38,500 were paid to the director .