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REGISTERED NUMBER: 05777245 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 April 2023

for

Bosworth Marina Limited

Bosworth Marina Limited (Registered number: 05777245)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bosworth Marina Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Mrs H E R Trivett
R W Trivett
J R H Trivett
B W Trivett





REGISTERED OFFICE: Drayton Barn Farm
Chapel Lane
Witherley
Atherstone
CV9 3LR





REGISTERED NUMBER: 05777245 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Bosworth Marina Limited (Registered number: 05777245)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,198,726 2,211,194

CURRENT ASSETS
Stocks 14,479 16,738
Debtors 5 6,144 16,784
Cash at bank and in hand 81,428 72,165
102,051 105,687
CREDITORS
Amounts falling due within one year 6 164,150 183,191
NET CURRENT LIABILITIES (62,099 ) (77,504 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,136,627 2,133,690

CREDITORS
Amounts falling due after more than one
year

7

(1,707,713

)

(1,743,713

)

PROVISIONS FOR LIABILITIES (36,967 ) (40,084 )

ACCRUALS AND DEFERRED INCOME (12,300 ) (12,600 )
NET ASSETS 379,647 337,293

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 114,000 114,000
Retained earnings 265,547 223,193
SHAREHOLDERS' FUNDS 379,647 337,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bosworth Marina Limited (Registered number: 05777245)

Balance Sheet - continued
30 April 2023


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 Board of Directors and authorised for issue on 7 October 2023 and were signed on its behalf by:





Mrs H E R Trivett - Director


Bosworth Marina Limited (Registered number: 05777245)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Bosworth Marina 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 prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.
Land and buildings - not provided
Plant and machinery etc - 33% on cost and 20% on reducing balance

Freehold property is not depreciated. The company has a policy of regular maintenance and repair and costs are recognised in the profit and loss account as they occur.

The directors are of the opinion that the value of the property far exceeds the carrying value in the accounts.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bosworth Marina Limited (Registered number: 05777245)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
In previous years, a grant has been received from DEFRA. This has been deferred and is being released to the profit and loss account each year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2022 2,432,206 233,041 2,665,247
Additions - 550 550
At 30 April 2023 2,432,206 233,591 2,665,797
DEPRECIATION
At 1 May 2022 281,503 172,550 454,053
Charge for year - 13,018 13,018
At 30 April 2023 281,503 185,568 467,071
NET BOOK VALUE
At 30 April 2023 2,150,703 48,023 2,198,726
At 30 April 2022 2,150,703 60,491 2,211,194

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 6,144 16,784

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 15,775 23,555
Taxation and social security 16,491 22,529
Other creditors 131,884 137,107
164,150 183,191

Bosworth Marina Limited (Registered number: 05777245)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Other creditors 1,707,713 1,743,713

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The balances owing to the directors at the year end totalled £899,738 (2022: £891,738). No interest is paid on these balances and no security is given.

9. RELATED PARTY DISCLOSURES

At the year end the company owed Witherley Services (Coventry) Limited £120,000 (2022: £140,000), a company under the control of Mrs H Trivett, a director.

At the year end the company owed Witherley Boarding Kennels & Cattery Limited £130,000 (2022: £150,000), a company under the control of two of the directors.

10. ULTIMATE CONTROLLING PARTY

The company is considered to be under the control of the directors acting in concert.