10 December 2022 false No description of principal activity Taxfiler 2024.5 14534009business:PrivateLimitedCompanyLtd2022-12-102023-12-31 145340092022-12-09 145340092022-12-102023-12-31 14534009business:AuditExempt-NoAccountantsReport2022-12-102023-12-31 14534009business:FilletedAccounts2022-12-102023-12-31 145340092023-12-31 14534009business:Director12022-12-102023-12-31 14534009business:Director22022-12-102023-12-31 14534009business:RegisteredOffice2022-12-102023-12-31 14534009core:WithinOneYear2023-12-31 14534009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14534009core:PreviouslyStatedAmount2023-12-31 14534009business:SmallEntities2022-12-102023-12-31 14534009countries:EnglandWales2022-12-102023-12-31 14534009core:PlantMachinery2022-12-102023-12-31 14534009core:PlantMachinery2022-12-09 14534009core:PlantMachinery2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 14534009 (England and Wales)
Marine Innovations Limited Unaudited accounts for the period from 10 December 2022 to 31 December 2023
Marine Innovations Limited Unaudited accounts Contents
Page
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Marine Innovations Limited Company Information for the period from 10 December 2022 to 31 December 2023
Directors
Bradley Davis Rachel Davis
Company Number
14534009 (England and Wales)
Registered Office
4 Park Lane Burton Waters Lincoln LN1 2WP England
Accountants
Tetley Tax Limited trading as Tetley Tax Consultants 58 Hambling Drive Beverley HU17 9GD
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Marine Innovations Limited Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
1,142 
Current assets
Debtors
10,918 
Cash at bank and in hand
1,380 
12,298 
Creditors: amounts falling due within one year
(60,379)
Net current liabilities
(48,081)
Net liabilities
(46,939)
Capital and reserves
Profit and loss account
(46,939)
Shareholders' funds
(46,939)
For the period ending 31 December 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 13 August 2024 and were signed on its behalf by
Bradley Davis Director Company Registration No. 14534009
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Marine Innovations Limited Notes to the Accounts for the period from 10 December 2022 to 31 December 2023
1
Statutory information
Marine Innovations Limited is a private company, limited by shares, registered in England and Wales, registration number 14534009. The registered office is 4 Park Lane, Burton Waters, Lincoln, LN1 2WP, England.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 10 December 2022
- 
Additions
1,523 
At 31 December 2023
1,523 
Depreciation
Charge for the period
381 
At 31 December 2023
381 
Net book value
At 31 December 2023
1,142 
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
450 
Trade debtors
9,882 
Accrued income and prepayments
586 
10,918 
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Marine Innovations Limited Notes to the Accounts for the period from 10 December 2022 to 31 December 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
2,795 
Other creditors
10,000 
Loans from directors
47,084 
Accruals
500 
60,379 
7
Average number of employees
During the period the average number of employees was 0.
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