WILMAN MARINE LIMITED

Company Registration Number:
01589422 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

WILMAN MARINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

WILMAN MARINE LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 5,326,056 5,326,668
Total fixed assets: 5,326,056 5,326,668
Current assets
Stocks: 77,000 74,000
Debtors:   1,476,514 1,313,037
Cash at bank and in hand: 37,054 33,569
Total current assets: 1,590,568 1,420,606
Creditors: amounts falling due within one year:   (3,440,148) (3,272,555)
Net current assets (liabilities): (1,849,580) (1,851,949)
Total assets less current liabilities: 3,476,476 3,474,719
Creditors: amounts falling due after more than one year:   (61,948) (61,948)
Total net assets (liabilities): 3,414,528 3,412,771
Capital and reserves
Called up share capital: 10,000 10,000
Revaluation reserve:43,113,7813,113,781
Profit and loss account: 290,747 288,990
Shareholders funds: 3,414,528 3,412,771

The notes form part of these financial statements

WILMAN MARINE LIMITED

Balance sheet statements

For the year ending 31 October 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 29 July 2024
and signed on behalf of the board by:

Name: R B Cook
Status: Director

The notes form part of these financial statements

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 5,402,529
At 31 October 2023 5,402,529
Depreciation
At 01 November 2022 75,861
Charge for year 612
At 31 October 2023 76,473
Net book value
At 31 October 2023 5,326,056
At 31 October 2022 5,326,668

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Revaluation reserve

2023
£
Balance at 01 November 2022 3,113,781
Surplus or deficit after revaluation 0
Balance at 31 October 2023 3,113,781

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Related party transactions

Name of the related party: Wilman Universal Group Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due to Wilman Universal Group Limited
£
Balance at 01 November 2022 2,079,188
Balance at 31 October 2023 2,079,188
Name of the related party: Universal Dispense Systems Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due to Universal Dispense Systems Limited
£
Balance at 01 November 2022 1,193,368
Balance at 31 October 2023 1,360,960
Name of the related party: Etonrose Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due from Etonrose Limited
£
Balance at 01 November 2022 1,280,955
Balance at 31 October 2023 1,280,955
Name of the related party: Zovinite Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due from Zovinite Limited
£
Balance at 01 November 2022 0
Balance at 31 October 2023 23,902