Quain Marine Services Limited
Unaudited accounts
Contents
Quain Marine Services Limited
Company Information
for the year ended 31 March 2024
Company Number
4186345 (England and Wales)
Registered Office
21 Westerley Crescent
Silsden
Keighley
Yorkshire
BD20 0BW
England
Accountants
Roger H Baxter Ltd
1 Mill Lane
Bradley
Keighley
Yorkshire
BD20 9EE
Quain Marine Services Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
8,074
720
Creditors: amounts falling due within one year
(1,722)
(5,186)
Net current assets
6,770
1,566
Called up share capital
2
2
Profit and loss account
7,168
2,098
Shareholders' funds
7,170
2,100
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 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 30 August 2024 and were signed on its behalf by
M Quain
Director
Company Registration No. 4186345
Quain Marine Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Quain Marine Services Limited is a private company, limited by shares, registered in England and Wales, registration number 4186345. The registered office is 21 Westerley Crescent, Silsden, Keighley, Yorkshire, BD20 0BW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Quain Marine Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Deferred tax asset
367
3,002
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
467
-
Loans from directors
555
4,536
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).