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Company Registration No. 08196255 (England and Wales)
Nautilus Offshore Consulting Limited Unaudited accounts for the year ended 31 August 2023
Nautilus Offshore Consulting Limited Unaudited accounts Contents
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Nautilus Offshore Consulting Limited Company Information for the year ended 31 August 2023
Directors
Simon Bradley Sally Dodge
Company Number
08196255 (England and Wales)
Registered Office
18b Balderton Gate Newark Nottinghamshire NG24 1UF United Kingdom
Accountants
Zest Partnership Limited 18b Balderton Gate Newark Notts NG24 1UF
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Nautilus Offshore Consulting Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,046 
Current assets
Debtors
6,805 
10,246 
Cash at bank and in hand
35,569 
10,456 
42,374 
20,702 
Creditors: amounts falling due within one year
(12,629)
(9,572)
Net current assets
29,745 
11,130 
Total assets less current liabilities
29,745 
12,176 
Provisions for liabilities
Deferred tax
- 
(198)
Net assets
29,745 
11,978 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,645 
11,878 
Shareholders' funds
29,745 
11,978 
For the year ending 31 August 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 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 21 November 2023 and were signed on its behalf by
Sally Dodge Director Company Registration No. 08196255
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Nautilus Offshore Consulting Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Nautilus Offshore Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 08196255. The registered office is 18b Balderton Gate, Newark, Nottinghamshire, NG24 1UF, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
17,023 
At 31 August 2023
17,023 
Depreciation
At 1 September 2022
15,977 
Charge for the year
1,046 
At 31 August 2023
17,023 
Net book value
At 31 August 2023
- 
At 31 August 2022
1,046 
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Nautilus Offshore Consulting Limited Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,353 
Other debtors
6,805 
4,893 
6,805 
10,246 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,648 
2,705 
Taxes and social security
5,042 
673 
Loans from directors
1,939 
6,194 
12,629 
9,572 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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