Company Registration No. 08864395 (England and Wales)
DB MARINE (ESSEX) LTD
Unaudited accounts
for the year ended 31 March 2023
DB MARINE (ESSEX) LTD
Unaudited accounts
Contents
DB MARINE (ESSEX) LTD
Company Information
for the year ended 31 March 2023
Director
John William Jeffrey Collins
Secretary
John William Jeffrey Collins
Company Number
08864395 (England and Wales)
Registered Office
47 The Shipyard Estate
Brightlingsea
Colchester
Essex
CO7 0AR
England
Accountants
Accounting Solutions Anglia Ltd
13 Cornflower Road
Jaywick Sands
Clacton on Sea
Essex
CO15 2RZ
DB MARINE (ESSEX) LTD
Statement of financial position
as at 31 March 2023
Tangible assets
59,465
69,753
Cash at bank and in hand
40,816
59,287
Creditors: amounts falling due within one year
(24,854)
(13,082)
Net current assets
76,853
90,759
Total assets less current liabilities
136,318
160,512
Creditors: amounts falling due after more than one year
(182,629)
(174,541)
Net liabilities
(46,311)
(14,029)
Called up share capital
1,000
1,000
Profit and loss account
(47,311)
(15,029)
Shareholders' funds
(46,311)
(14,029)
For the year ending 31 March 2023 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 9 October 2023 and were signed on its behalf by
John William Jeffrey Collins
Director
Company Registration No. 08864395
DB MARINE (ESSEX) LTD
Notes to the Accounts
for the year ended 31 March 2023
DB MARINE (ESSEX) LTD is a private company, limited by shares, registered in England and Wales, registration number 08864395. The registered office is 47 The Shipyard Estate, Brightlingsea, Colchester, Essex, CO7 0AR, England.
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% on Cost
Motor vehicles
25% on Cost
Fixtures & fittings
25% on Cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
68,202
52,330
350
120,882
Additions
19,346
-
7,231
26,577
At 31 March 2023
87,548
52,330
7,581
147,459
At 1 April 2022
30,894
20,148
87
51,129
Charge for the year
21,887
13,083
1,895
36,865
At 31 March 2023
52,781
33,231
1,982
87,994
At 31 March 2023
34,767
19,099
5,599
59,465
At 31 March 2022
37,308
32,182
263
69,753
DB MARINE (ESSEX) LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
40,891
24,554
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,278
-
Obligations under finance leases and hire purchase contracts
2,376
5,102
Trade creditors
26,869
22,674
Taxes and social security
742
245
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,233
20,577
Loans from directors
153,841
133,131
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).