2023-02-012024-01-312024-01-31false06474243G B MARINE SERVICES LTD2024-02-2943290iso4217:GBPxbrli:pure064742432023-02-01064742432024-01-31064742432023-02-012024-01-31064742432022-02-01064742432023-01-31064742432022-02-012023-01-3106474243bus:SmallEntities2023-02-012024-01-3106474243bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3106474243bus:FullAccounts2023-02-012024-01-3106474243bus:PrivateLimitedCompanyLtd2023-02-012024-01-3106474243core:WithinOneYear2024-01-3106474243core:AfterOneYear2024-01-3106474243core:WithinOneYear2023-01-3106474243core:AfterOneYear2023-01-3106474243core:ShareCapital2024-01-3106474243core:SharePremium2024-01-3106474243core:RevaluationReserve2024-01-3106474243core:OtherReservesSubtotal2024-01-3106474243core:RetainedEarningsAccumulatedLosses2024-01-3106474243core:ShareCapital2023-01-3106474243core:SharePremium2023-01-3106474243core:RevaluationReserve2023-01-3106474243core:OtherReservesSubtotal2023-01-3106474243core:RetainedEarningsAccumulatedLosses2023-01-3106474243core:LandBuildings2024-01-3106474243core:PlantMachinery2024-01-3106474243core:Vehicles2024-01-3106474243core:FurnitureFittings2024-01-3106474243core:OfficeEquipment2024-01-3106474243core:NetGoodwill2024-01-3106474243core:IntangibleAssetsOtherThanGoodwill2024-01-3106474243core:ListedExchangeTraded2024-01-3106474243core:UnlistedNon-exchangeTraded2024-01-3106474243core:LandBuildings2023-01-3106474243core:PlantMachinery2023-01-3106474243core:Vehicles2023-01-3106474243core:FurnitureFittings2023-01-3106474243core:OfficeEquipment2023-01-3106474243core:NetGoodwill2023-01-3106474243core:IntangibleAssetsOtherThanGoodwill2023-01-3106474243core:ListedExchangeTraded2023-01-3106474243core:UnlistedNon-exchangeTraded2023-01-3106474243core:LandBuildings2023-02-012024-01-3106474243core:PlantMachinery2023-02-012024-01-3106474243core:Vehicles2023-02-012024-01-3106474243core:FurnitureFittings2023-02-012024-01-3106474243core:OfficeEquipment2023-02-012024-01-3106474243core:NetGoodwill2023-02-012024-01-3106474243core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3106474243core:ListedExchangeTraded2023-02-012024-01-3106474243core:UnlistedNon-exchangeTraded2023-02-012024-01-3106474243core:MoreThanFiveYears2023-02-012024-01-3106474243core:Non-currentFinancialInstruments2024-01-3106474243core:Non-currentFinancialInstruments2023-01-3106474243dpl:CostSales2023-02-012024-01-3106474243dpl:DistributionCosts2023-02-012024-01-3106474243core:LandBuildings2023-02-012024-01-3106474243core:PlantMachinery2023-02-012024-01-3106474243core:Vehicles2023-02-012024-01-3106474243core:FurnitureFittings2023-02-012024-01-3106474243core:OfficeEquipment2023-02-012024-01-3106474243dpl:AdministrativeExpenses2023-02-012024-01-3106474243core:NetGoodwill2023-02-012024-01-3106474243core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3106474243dpl:GroupUndertakings2023-02-012024-01-3106474243dpl:ParticipatingInterests2023-02-012024-01-3106474243dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3106474243core:ListedExchangeTraded2023-02-012024-01-3106474243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3106474243core:UnlistedNon-exchangeTraded2023-02-012024-01-3106474243dpl:CostSales2022-02-012023-01-3106474243dpl:DistributionCosts2022-02-012023-01-3106474243core:LandBuildings2022-02-012023-01-3106474243core:PlantMachinery2022-02-012023-01-3106474243core:Vehicles2022-02-012023-01-3106474243core:FurnitureFittings2022-02-012023-01-3106474243core:OfficeEquipment2022-02-012023-01-3106474243dpl:AdministrativeExpenses2022-02-012023-01-3106474243core:NetGoodwill2022-02-012023-01-3106474243core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3106474243dpl:GroupUndertakings2022-02-012023-01-3106474243dpl:ParticipatingInterests2022-02-012023-01-3106474243dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3106474243core:ListedExchangeTraded2022-02-012023-01-3106474243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3106474243core:UnlistedNon-exchangeTraded2022-02-012023-01-3106474243core:NetGoodwill2024-01-3106474243core:IntangibleAssetsOtherThanGoodwill2024-01-3106474243core:LandBuildings2024-01-3106474243core:PlantMachinery2024-01-3106474243core:Vehicles2024-01-3106474243core:FurnitureFittings2024-01-3106474243core:OfficeEquipment2024-01-3106474243core:AfterOneYear2024-01-3106474243core:WithinOneYear2024-01-3106474243core:ListedExchangeTraded2024-01-3106474243core:UnlistedNon-exchangeTraded2024-01-3106474243core:ShareCapital2024-01-3106474243core:SharePremium2024-01-3106474243core:RevaluationReserve2024-01-3106474243core:OtherReservesSubtotal2024-01-3106474243core:RetainedEarningsAccumulatedLosses2024-01-3106474243core:NetGoodwill2023-01-3106474243core:IntangibleAssetsOtherThanGoodwill2023-01-3106474243core:LandBuildings2023-01-3106474243core:PlantMachinery2023-01-3106474243core:Vehicles2023-01-3106474243core:FurnitureFittings2023-01-3106474243core:OfficeEquipment2023-01-3106474243core:AfterOneYear2023-01-3106474243core:WithinOneYear2023-01-3106474243core:ListedExc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G B MARINE SERVICES LTD

Registered Number
06474243
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

G B MARINE SERVICES LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

BROTHERTON, Giles

Company Secretary

BROTHERTON, Vikki

Registered Address

158 Athelstan Road
Southampton
SO19 4DJ

Registered Number

06474243 (England and Wales)
G B MARINE SERVICES LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets48991,199
8991,199
Current assets
Debtors7,30010,000
Cash at bank and on hand12,00610,114
19,30620,114
Creditors amounts falling due within one year6(11,863)(9,769)
Net current assets (liabilities)7,44310,345
Total assets less current liabilities8,34211,544
Creditors amounts falling due after one year7(8,065)(9,476)
Net assets2772,068
Capital and reserves
Called up share capital1010
Profit and loss account2672,058
Shareholders' funds2772,068
The financial statements were approved and authorised for issue by the Director on 29 February 2024, and are signed on its behalf by:
BROTHERTON, Giles
Director
Registered Company No. 06474243
G B MARINE SERVICES LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly over its estimated useful life of 5 years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Vehicles25
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Goodwill

Other

Total

£££
Cost or valuation
At 01 February 23-9,0009,000
At 31 January 24-9,0009,000
Amortisation and impairment
At 01 February 239,000-9,000
At 31 January 249,000-9,000
Net book value
At 31 January 24(9,000)9,000-
At 31 January 23(9,000)9,000-
4.Tangible fixed assets

Plant & machinery

Vehicles

Total

£££
Cost or valuation
At 01 February 232,2898,29510,584
At 31 January 242,2898,29510,584
Depreciation and impairment
At 01 February 231,2878,0989,385
Charge for year25050300
At 31 January 241,5378,1489,685
Net book value
At 31 January 24752147899
At 31 January 231,0021971,199
5.Debtors: amounts due within one year

2024

2023

££
Amounts owed by associates and joint ventures / participating interests7,30010,000
Total7,30010,000
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts1,4441,478
Taxation and social security9,0876,933
Accrued liabilities and deferred income1,3321,358
Total11,8639,769
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts8,0659,476
Total8,0659,476
Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
BROTHERTON, Giles10,00049,67252,3737,299
10,00049,67252,3737,299