Coastal Pure Ltd 14133143 false 2022-05-26 2023-06-30 2023-06-30 The principal activity of the company is specialist fabrication of steel and aluminium commercial workboats. Digita Accounts Production Advanced 6.30.9574.0 true true 14133143 2022-05-26 2023-06-30 14133143 2023-06-30 14133143 core:RetainedEarningsAccumulatedLosses 2023-06-30 14133143 core:ShareCapital 2023-06-30 14133143 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14133143 core:LandBuildings 2023-06-30 14133143 bus:SmallEntities 2022-05-26 2023-06-30 14133143 bus:AuditExemptWithAccountantsReport 2022-05-26 2023-06-30 14133143 bus:FullAccounts 2022-05-26 2023-06-30 14133143 bus:SmallCompaniesRegimeForAccounts 2022-05-26 2023-06-30 14133143 bus:RegisteredOffice 2022-05-26 2023-06-30 14133143 bus:Director1 2022-05-26 2023-06-30 14133143 bus:Director2 2022-05-26 2023-06-30 14133143 bus:PrivateLimitedCompanyLtd 2022-05-26 2023-06-30 14133143 core:LandBuildings 2022-05-26 2023-06-30 14133143 countries:AllCountries 2022-05-26 2023-06-30 14133143 2021-05-26 2022-05-25 14133143 2022-05-25 14133143 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-25 iso4217:GBP xbrli:pure

Registration number: 14133143

Coastal Pure Ltd

Unaudited Filleted Financial Statements

for the Period from 26 May 2022 to 30 June 2023

 

Coastal Pure Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Coastal Pure Ltd

Company Information

Directors

Mr B Pogson

Mrs J Pogson

Registered office

Units 1-3 Gabriel's Wharf
Water Lane
Exeter
Devon
EX2 8BG

Accountants

M J Smith & Co Ltd
Chartered Accountant
Woodbury House
Green Lane
Exton
Exeter
Devon
EX3 0PW

 

Coastal Pure Ltd

(Registration number: 14133143)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

fixed assets

 

tangible assets

6

7,800

-

Current assets

 

Debtors

7

1,560

-

Cash at bank and in hand

 

134

-

 

1,694

-

Creditors: Amounts falling due within one year

8

(9,988)

-

Net current liabilities

 

(8,294)

-

Net liabilities

 

(494)

-

capital and reserves

 

Called up share capital

2

-

Profit and loss account

(496)

-

Total equity

 

(494)

-

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 February 2024 and signed on its behalf by:
 

 

Coastal Pure Ltd

(Registration number: 14133143)
Balance Sheet as at 30 June 2023

.........................................
Mrs J Pogson
Director

 

Coastal Pure Ltd

Notes to the Unaudited Financial Statements for the Period from 26 May 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Units 1-3 Gabriel's Wharf
Water Lane
Exeter
Devon
EX2 8BG
United Kingdom

These financial statements were authorised for issue by the Board on 12 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
 

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Coastal Pure Ltd

Notes to the Unaudited Financial Statements for the Period from 26 May 2022 to 30 June 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2022 - 0).

4

Loss/profit before tax

Arrived at after charging/(crediting)

2023
£

2022
£

5

Taxation on profits on ordinary activities

Note

2023
£

25 May 2022
 £

Tax reconciliation

 

 

-

-

 

Coastal Pure Ltd

Notes to the Unaudited Financial Statements for the Period from 26 May 2022 to 30 June 2023

6

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

7,800

7,800

At 30 June 2023

7,800

7,800

Depreciation

Carrying amount

At 30 June 2023

7,800

7,800

Included within the net book value of land and buildings above is £7,800 (2022 - £Nil) in respect of freehold land and buildings.
 

7

Debtors

Current

2023
£

2022
£

Other debtors

1,560

-

8

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

trade creditors

4,140

-

Accruals and deferred income

450

-

Other creditors

5,300

-

Director's current account

98

-

9,988

-