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Company Registration No. 05625433 (England and Wales)
WARWICK BOATS LIMITED Unaudited accounts for the year ended 31 March 2024
WARWICK BOATS LIMITED Unaudited accounts Contents
Page
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WARWICK BOATS LIMITED Company Information for the year ended 31 March 2024
Director
Matthew Bishop
Secretary
Matthew Bishop
Company Number
05625433 (England and Wales)
Registered Office
LEAM BOAT CENTRE MILL RD LEAMINGTON SPA WARWICKSHIRE CV31 1BE
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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WARWICK BOATS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,000 
2,000 
Tangible assets
38,328 
39,605 
40,328 
41,605 
Current assets
Cash at bank and in hand
388,840 
332,073 
Creditors: amounts falling due within one year
(26,249)
(10,393)
Net current assets
362,591 
321,680 
Net assets
402,919 
363,285 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
402,916 
363,282 
Shareholders' funds
402,919 
363,285 
For the year ending 31 March 2024 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 21 June 2024 and were signed on its behalf by
Matthew Bishop Director Company Registration No. 05625433
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WARWICK BOATS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
WARWICK BOATS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05625433. The registered office is LEAM BOAT CENTRE, MILL RD, LEAMINGTON SPA, WARWICKSHIRE, CV31 1BE.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
2,000 
At 31 March 2024
2,000 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
2,000 
At 31 March 2023
2,000 
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WARWICK BOATS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
96,590 
1,902 
98,492 
Additions
11,500 
- 
11,500 
At 31 March 2024
108,090 
1,902 
109,992 
Depreciation
At 1 April 2023
56,994 
1,893 
58,887 
Charge for the year
12,775 
2 
12,777 
At 31 March 2024
69,769 
1,895 
71,664 
Net book value
At 31 March 2024
38,321 
7 
38,328 
At 31 March 2023
39,596 
9 
39,605 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(125)
(4,868)
Taxes and social security
22,336 
13,942 
Other creditors
3,443 
724 
Accruals
595 
595 
26,249 
10,393 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
8
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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