Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalsefalse2023-01-01Holdco44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13552077 2023-01-01 2023-12-31 13552077 2021-08-06 2022-12-31 13552077 2023-12-31 13552077 2022-12-31 13552077 c:Director4 2023-01-01 2023-12-31 13552077 d:CurrentFinancialInstruments 2023-12-31 13552077 d:CurrentFinancialInstruments 2022-12-31 13552077 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13552077 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13552077 d:ShareCapital 2023-12-31 13552077 d:ShareCapital 2022-12-31 13552077 d:RetainedEarningsAccumulatedLosses 2023-12-31 13552077 d:RetainedEarningsAccumulatedLosses 2022-12-31 13552077 c:FRS102 2023-01-01 2023-12-31 13552077 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13552077 c:FullAccounts 2023-01-01 2023-12-31 13552077 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13552077 6 2023-01-01 2023-12-31 13552077 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13552077









GILLINGHAM MARINA HOLDINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
GILLINGHAM MARINA HOLDINGS LTD
REGISTERED NUMBER: 13552077

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
500
500

  
500
500

Current assets
  

Debtors: amounts falling due within one year
 6 
7,098,500
7,098,500

Cash at bank and in hand
 7 
170
639

  
7,098,670
7,099,139

Creditors: amounts falling due within one year
 8 
(7,099,900)
(7,099,900)

Net current liabilities
  
 
 
(1,230)
 
 
(761)

Total assets less current liabilities
  
(730)
(261)

  

Net liabilities
  
(730)
(261)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(830)
(361)

  
(730)
(261)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Page 1

 
GILLINGHAM MARINA HOLDINGS LTD
REGISTERED NUMBER: 13552077
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

T Gabriel
Director

Date: 15 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GILLINGHAM MARINA HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Gillingham Marina Holdings Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day to day working capital requirements through Directors loans. The Directors intend to continue to support the company. As a result they have adopted the going concern basis of accounting. 

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.

Page 3

 
GILLINGHAM MARINA HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Employees




The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
500



At 31 December 2023
500





6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
7,098,500
7,098,500

7,098,500
7,098,500



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
170
639

170
639


Page 4

 
GILLINGHAM MARINA HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
7,099,900
7,099,900

7,099,900
7,099,900



9.


Related party transactions

In other creditors is an amount of £7,099,900 (2022: £7,099,900) owed to directors. This amount has 0% interest and is repayable on demand.
In debtors is an amount of £7,098,500 (2022: £7,098,500) due from subsidiary companies. These amounts are split between the subsidiaries as per the table below. They have 0% interest and are repayable on demand.


2023
2022
£
£

Gillingham Marina Management Ltd
98,900
98,900
Gillingham Marina Ltd
949,900
949,900
Gillingham Marine Engineering Ltd
679,900
679,900
Gillingham Waterfront Ltd
4,297,900
4,297,900
Gillingham Showroom Ltd
1,071,900
1,071,900
7,098,500
7,098,500

 
Page 5