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Company Registration No. 08309380 (England and Wales)
GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Unaudited accounts for the year ended 30 November 2023
GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Unaudited accounts Contents
Page
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GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Company Information for the year ended 30 November 2023
Director
Mohammed Shafi Firoz Saleh
Company Number
08309380 (England and Wales)
Registered Office
25 HARRISON ROAD PRESTON LANCASHIRE PR2 9QH
Accountants
SMART ACCOUNTING (NW) LTD 239 RIBBLETON LANE PRESTON PR1 5EA
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GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
288 
339 
Current assets
Debtors
97,430 
- 
Cash at bank and in hand
104,580 
196,609 
202,010 
196,609 
Creditors: amounts falling due within one year
(2,409)
(74,009)
Net current assets
199,601 
122,600 
Total assets less current liabilities
199,889 
122,939 
Creditors: amounts falling due after more than one year
(66,732)
- 
Net assets
133,157 
122,939 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
133,156 
122,938 
Shareholders' funds
133,157 
122,939 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 3 April 2024 and were signed on its behalf by
Mohammed Shafi Firoz Saleh Director Company Registration No. 08309380
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GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
GLOBAL MARINE & OFFSHORE SPECIALISTS LTD is a private company, limited by shares, registered in England and Wales, registration number 08309380. The registered office is 25 HARRISON ROAD, PRESTON, LANCASHIRE, PR2 9QH.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,720 
At 30 November 2023
1,720 
Depreciation
At 1 December 2022
1,381 
Charge for the year
51 
At 30 November 2023
1,432 
Net book value
At 30 November 2023
288 
At 30 November 2022
339 
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GLOBAL MARINE & OFFSHORE SPECIALISTS LTD Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,430 
- 
Amounts due from group undertakings etc.
55,000 
- 
97,430 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
58,952 
Taxes and social security
2,409 
6,122 
Loans from directors
- 
8,935 
2,409 
74,009 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
54,797 
- 
Loans from directors
11,935 
- 
66,732 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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