VITESSE MARINE LIMITED

Company Registration Number:
04458271 (England and Wales)

Unaudited abridged accounts for the year ended 29 December 2023

Period of accounts

Start date: 30 December 2022

End date: 29 December 2023

VITESSE MARINE LIMITED

Contents of the Financial Statements

for the Period Ended 29 December 2023

Balance sheet
Notes

VITESSE MARINE LIMITED

Balance sheet

As at 29 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,298 3,135
Investments: 4 0 583,507
Total fixed assets: 2,298 586,642
Current assets
Stocks: 426,801 350,025
Debtors:   108,452 108,168
Cash at bank and in hand: 491,621 414,174
Investments:   583,507
Total current assets: 1,610,381 872,367
Creditors: amounts falling due within one year:   (215,685) (172,325)
Net current assets (liabilities): 1,394,696 700,042
Total assets less current liabilities: 1,396,994 1,286,684
Provision for liabilities: (20,490) (15,572)
Total net assets (liabilities): 1,376,504 1,271,112
Capital and reserves
Called up share capital: 50 50
Other reserves: 50 50
Profit and loss account: 1,376,404 1,271,012
Shareholders funds: 1,376,504 1,271,112

The notes form part of these financial statements

VITESSE MARINE LIMITED

Balance sheet statements

For the year ending 29 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 15 July 2024
and signed on behalf of the board by:

Name: I Cleverley
Status: Director

The notes form part of these financial statements

VITESSE MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 29 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

VITESSE MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 29 December 2023

2. Employees

2023 2022
Average number of employees during the period 6 7

VITESSE MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 29 December 2023

3. Tangible Assets

Total
Cost £
At 30 December 2022 83,585
Additions 309
At 29 December 2023 83,894
Depreciation
At 30 December 2022 80,450
Charge for year 1,146
At 29 December 2023 81,596
Net book value
At 29 December 2023 2,298
At 29 December 2022 3,135

VITESSE MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 29 December 2023

4. Fixed investments

.