IRIS Accounts Production v23.1.5.20 08058016 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080580162022-05-31080580162023-05-31080580162022-06-012023-05-31080580162021-05-31080580162021-06-012022-05-31080580162022-05-3108058016ns15:EnglandWales2022-06-012023-05-3108058016ns14:PoundSterling2022-06-012023-05-3108058016ns10:Director12022-06-012023-05-3108058016ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3108058016ns10:SmallEntities2022-06-012023-05-3108058016ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3108058016ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3108058016ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3108058016ns10:FullAccounts2022-06-012023-05-3108058016ns10:RegisteredOffice2022-06-012023-05-3108058016ns5:CurrentFinancialInstruments2023-05-3108058016ns5:CurrentFinancialInstruments2022-05-3108058016ns5:Non-currentFinancialInstruments2023-05-3108058016ns5:Non-currentFinancialInstruments2022-05-3108058016ns5:ShareCapital2023-05-3108058016ns5:ShareCapital2022-05-3108058016ns5:RetainedEarningsAccumulatedLosses2023-05-3108058016ns5:RetainedEarningsAccumulatedLosses2022-05-3108058016ns5:PlantMachinery2022-05-3108058016ns5:PlantMachinery2022-06-012023-05-3108058016ns5:PlantMachinery2023-05-3108058016ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108058016ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 08058016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

BLACK WATER MARINE LTD

BLACK WATER MARINE LTD (Registered number: 08058016)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK WATER MARINE LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr Sean Mcpartland





REGISTERED OFFICE: 6 LLANRWST CLOSE
LIVERPOOL
Merseyside
L8 6UZ





REGISTERED NUMBER: 08058016 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

BLACK WATER MARINE LTD (Registered number: 08058016)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,278 -

CURRENT ASSETS
Debtors 5 12,906 38,939
Cash at bank 30,530 16,875
43,436 55,814
CREDITORS
Amounts falling due within one year 6 16,164 20,590
NET CURRENT ASSETS 27,272 35,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,550

35,224

CREDITORS
Amounts falling due after more than
one year

7

13,999

20,134
NET ASSETS 19,551 15,090

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,451 14,990
19,551 15,090

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

BLACK WATER MARINE LTD (Registered number: 08058016)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 October 2023 and were signed by:





Mr Sean Mcpartland - Director


BLACK WATER MARINE LTD (Registered number: 08058016)

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

1. STATUTORY INFORMATION

BLACK WATER MARINE LTD 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.

Turnover
Turnover is measured at the fair value of the amounts derived from the services provided by the company falling within its ordinary activities, 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

BLACK WATER MARINE LTD (Registered number: 08058016)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 9,800
Additions 7,848
At 31 May 2023 17,648
DEPRECIATION
At 1 June 2022 9,800
Charge for year 1,570
At 31 May 2023 11,370
NET BOOK VALUE
At 31 May 2023 6,278

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 12,906 38,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 6,210 6,034
Trade creditors 79 -
Taxation and social security 989 6,088
Other creditors 8,886 8,468
16,164 20,590

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 13,999 20,134