Company Registration No. SC738824 (Scotland)
Maritime Asset Management Ltd
Unaudited accounts
for the period from 20 July 2022 to 31 July 2023
Maritime Asset Management Ltd
Unaudited accounts
Contents
Maritime Asset Management Ltd
Company Information
for the period from 20 July 2022 to 31 July 2023
Directors
Gordon Coutts Thomson
Maria Teresa Thomson
Company Number
SC738824 (Scotland)
Registered Office
Gordonhall
Farmhouse
Kingussie
PH21 1NR
Scotland
Accountants
Nationwide Accountants & Tax Advisors Ltd
Maritime Asset Management Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
2
Creditors: amounts falling due within one year
(400)
Net current liabilities
(398)
Total assets less current liabilities
942
Creditors: amounts falling due after more than one year
(1,340)
Profit and loss account
(400)
For the period ending 31 July 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 12 April 2024 and were signed on its behalf by
Gordon Coutts Thomson
Director
Company Registration No. SC738824
Maritime Asset Management Ltd
Notes to the Accounts
for the period from 20 July 2022 to 31 July 2023
Maritime Asset Management Ltd is a private company, limited by shares, registered in Scotland, registration number SC738824. The registered office is Gordonhall, Farmhouse, Kingussie, PH21 1NR, Scotland.
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.
These financial statements for the period from 20 July 2022 to 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 20 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments
Valuation at 20 July 2022
-
Valuation at 31 July 2023
1,340
5
Creditors: amounts falling due within one year
2023
6
Creditors: amounts falling due after more than one year
2023
Loans from directors
1,340
7
Average number of employees
During the period the average number of employees was 0.