Company Registration No. SC654882 (Scotland)
TASKER MARINE SERVICES LTD
Unaudited accounts
for the year ended 28 February 2023
TASKER MARINE SERVICES LTD
Unaudited accounts
Contents
TASKER MARINE SERVICES LTD
Company Information
for the year ended 28 February 2023
Directors
William Tasker
William Tasker
Secretary
Shannon Terri Tasker
Company Number
SC654882 (Scotland)
Registered Office
35 McIntosh Parade
Kirkcaldy
KY2 6RA
United Kingdom
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
TASKER MARINE SERVICES LTD
Statement of financial position
as at 28 February 2023
Tangible assets
22,403
12,034
Cash at bank and in hand
28,202
72,672
Creditors: amounts falling due within one year
(18,496)
(20,471)
Net current assets
28,502
52,201
Called up share capital
3
3
Profit and loss account
50,902
64,232
Shareholders' funds
50,905
64,235
For the year ending 28 February 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 10 October 2023 and were signed on its behalf by
William Tasker
Director
Company Registration No. SC654882
TASKER MARINE SERVICES LTD
Notes to the Accounts
for the year ended 28 February 2023
TASKER MARINE SERVICES LTD is a private company, limited by shares, registered in Scotland, registration number SC654882. The registered office is 35 McIntosh Parade, Kirkcaldy, KY2 6RA, 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.
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
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
COVID 19 & Increased travel costs
The business operated successfully during and recovered well post COVID19 pandemic.
There were additional cost burdens placed on the business relating to safety equipment, hygiene and cleaning products due to health and safety at work minimum requirements as a result of continuing Covid19 guidance. Travel costs were raised due to the increased cost of fuel relating to the Ukraine/Russia issue which increased petroleum costs across the board for motoring and aviation.
TASKER MARINE SERVICES LTD
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2022
3,420
14,579
1,122
1,649
20,770
Additions
-
-
14,562
1,848
16,410
At 28 February 2023
3,420
14,579
15,684
3,497
37,180
At 1 March 2022
949
6,377
311
1,099
8,736
Charge for the year
520
2,050
2,305
1,166
6,041
At 28 February 2023
1,469
8,427
2,616
2,265
14,777
At 28 February 2023
1,951
6,152
13,068
1,232
22,403
At 28 February 2022
2,471
8,202
811
550
12,034
Amounts falling due within one year
Accrued income and prepayments
2,473
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,762
13,963
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).