BRAUNSTON MARINA LIMITED

Company Registration Number:
02275577 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BRAUNSTON MARINA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BRAUNSTON MARINA LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 454,692 473,908
Total fixed assets: 454,692 473,908
Current assets
Stocks: 8,854 16,320
Debtors:   125,432 33,521
Cash at bank and in hand: 102,490 113,530
Total current assets: 236,776 163,371
Creditors: amounts falling due within one year:   (353,645) (291,650)
Net current assets (liabilities): (116,869) (128,279)
Total assets less current liabilities: 337,823 345,629
Total net assets (liabilities): 337,823 345,629
Capital and reserves
Called up share capital: 314,565 314,565
Share premium account: 23,081 23,081
Profit and loss account: 177 7,983
Shareholders funds: 337,823 345,629

The notes form part of these financial statements

BRAUNSTON MARINA LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 April 2024
and signed on behalf of the board by:

Name: Timothy Coghlan
Status: Director

The notes form part of these financial statements

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Annual depreciation of fixed assets is calculated to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime, at the following rates:Land and building - 1.37% on a straight line basisPlant and machinery - 10% on a straight line basisFixtures and fittings - 10% on a straight line basis

Valuation and information policy

Stock are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads.

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 14 14

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,542,214
At 31 December 2023 1,542,214
Depreciation
At 01 January 2023 1,068,306
Charge for year 19,216
At 31 December 2023 1,087,522
Net book value
At 31 December 2023 454,692
At 31 December 2022 473,908