Registered number | |
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Unaudited Accounts | ||
for the year ended | ||
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Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Marine Electrical Installations Limited for the year ended 31 December 2023.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Marine Electrical Installations Limited for the year ended 31 December 2023 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com
We have not been instructed to carry out an audit or a review of the accounts of MARINE ELECTRICAL INSTALLATIONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us, and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Certified Accountants
9B Dalrymple Court,
Kirkintilloch,
Glasgow,
G66 3AA
Balance Sheet as at |
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Notes |
2023 £ |
2022 £ |
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Fixed assets | |||||
Tangible assets | 3 |
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Investments | 4 |
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Current assets | |||||
Stocks | 5 |
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Debtors | 6 |
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Cash at bank and in hand |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year | 7 | ( |
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Net current assets / (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities | 8 | ( |
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Accruals and deferred income | ( |
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Total net assets (liabilities) |
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Capital and reserves | |||||
Called up share capital |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Balance Sheet
as at
The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.
Signed on behalf of the board of directors
...............................
Mr J Hutchinson
Director
Approved by the board on
Company Number: SC226588 (a Private Company Limited by Shares registered in Scotland)
Registered Office:
C/O Premier Accounting
Notes to the Accounts
for the year ended
1. | Accounting policies |
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Basis of preparation of financial statements |
Going concern basis | |
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The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future. |
Revenue recognition | |
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Tangible fixed assets depreciation policy | |||
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Stocks | |
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Deferred taxation | |
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2. | Employees | |||
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2023 | 2022 | |||
Average number of employees during the period |
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3. | Tangible fixed assets | |||
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Plant & machinery | Total | |||
Cost or valuation | £ | £ | ||
At 1 January 2023 |
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Additions |
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At 31 December 2023 |
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Depreciation | ||||
At 1 January 2023 |
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Charge for the period |
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At 31 December 2023 |
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Net book value | ||||
At 31 December 2023 |
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At 31 December 2022 |
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4. | Investments | |||
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Loans | Total | |||
£ | £ | |||
Carrying amount at 1 January 2023 |
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Additions | 17,717 | 17,717 | ||
Revaluations | (10,526) | (10,526) | ||
Carrying amount at 31 December 2023 |
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5. | Stocks | |||
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2023 | 2022 | |||
£ | £ | |||
Work in progress |
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6. | Debtors | |||
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2023 | 2022 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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7. | Creditors: amounts falling due within one year | |||
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2023 | 2022 | |||
£ | £ | |||
Bank Loans & Overdrafts |
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Trade creditors |
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Taxation & social security |
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Other creditors |
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8. | Provisions | |||
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2023 | 2022 | |||
£ | £ | |||
Deferred tax |
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7,245 | 12,719 |
Related party disclosures | ||
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Controlling party MEI Holdings Ltd is the ultimate Controlling Party. |