Registered number: 11701755 | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
Prepared By: | ||||||||
M H Accountancy | ||||||||
The Croft | ||||||||
Windsor Green | ||||||||
Cockfield | ||||||||
Bury St Edmunds | ||||||||
IP30 0LY |
Marine Department Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Bedforshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11701755 | ||||||||
ACCOUNTANTS | ||||||||
M H Accountancy | ||||||||
The Croft | ||||||||
Windsor Green | ||||||||
Cockfield | ||||||||
Bury St Edmunds | ||||||||
IP30 0LY |
Marine Department Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/11/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Marine Department Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
287,425 | 303,033 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 231,157 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 579,077 | 493,615 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Marine Department Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | straight line 25% | |||||||
Equipment | straight line 33.33% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Marine Department Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Short Leasehold | Plant and | Commercial | ||||||||
Properties | Machinery | Vehicles | Equipment | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/12/2022 | - | 116,125 | 385,733 | 6,009 | 507,867 | |||||
Additions | 40,826 | 75,845 | 222,167 | 10,150 | 348,988 | |||||
At 30/11/2023 | 40,826 | 191,970 | 607,900 | 16,159 | 856,855 | |||||
Depreciation | ||||||||||
At 01/12/2022 | - | 52,539 | 133,633 | 3,259 | 189,431 | |||||
For the year | - | 34,859 | 147,767 | 5,126 | 187,752 | |||||
At 30/11/2023 | - | 87,398 | 281,400 | 8,385 | 377,183 | |||||
Net Book Amounts | ||||||||||
At 30/11/2023 | 40,826 | 479,672 | ||||||||
At 30/11/2022 | - | 318,436 | ||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 51,596 | 89,306 | ||||||
UK corporation tax | - | 7,996 | ||||||
VAT | 16,614 | - | ||||||
Prepayments | 5,851 | 9,054 | ||||||
Accrued income | 51,600 | 21,071 | ||||||
125,661 | 127,427 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 28,314 | - | ||||||
VAT | - | 10,711 | ||||||
Directors current account | 42,758 | 23,788 | ||||||
Credit card | 19,297 | - | ||||||
Trade creditors | 16,476 | 31,311 | ||||||
Accruals | 2,209 | 6,066 | ||||||
109,054 | 71,876 | |||||||
Marine Department Ltd | ||||||||
6. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 78,866 | 55,878 | ||||||
78,866 | 55,878 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||