2023-02-022024-02-292024-02-29false14634623DERREN PLAISTER MARINE SERVICES LTD2024-08-1909100iso4217:GBPxbrli:pure146346232023-02-02146346232024-02-29146346232023-02-022024-02-29146346232023-02-01146346232023-02-01146346232023-02-012023-02-0114634623bus:SmallEntities2023-02-022024-02-2914634623bus:AuditExempt-NoAccountantsReport2023-02-022024-02-2914634623bus:FullAccounts2023-02-022024-02-2914634623bus:PrivateLimitedCompanyLtd2023-02-022024-02-2914634623core:WithinOneYear2024-02-2914634623core:AfterOneYear2024-02-2914634623core:WithinOneYear2023-02-0114634623core:AfterOneYear2023-02-0114634623core:ShareCapital2024-02-2914634623core:SharePremium2024-02-2914634623core:RevaluationReserve2024-02-2914634623core:OtherReservesSubtotal2024-02-2914634623core:RetainedEarningsAccumulatedLosses2024-02-2914634623core:ShareCapital2023-02-0114634623core:SharePremium2023-02-0114634623core:RevaluationReserve2023-02-0114634623core:OtherReservesSubtotal2023-02-0114634623core:RetainedEarningsAccumulatedLosses2023-02-0114634623core:LandBuildings2024-02-2914634623core:PlantMachinery2024-02-2914634623core:Vehicles2024-02-2914634623core:FurnitureFittings2024-02-2914634623core:OfficeEquipment2024-02-2914634623core:NetGoodwill2024-02-2914634623core:IntangibleAssetsOtherThanGoodwill2024-02-2914634623core:ListedExchangeTraded2024-02-2914634623core:UnlistedNon-exchangeTraded2024-02-2914634623core:LandBuildings2023-02-0114634623core:PlantMachinery2023-02-0114634623core:Vehicles2023-02-0114634623core:FurnitureFittings2023-02-0114634623core:OfficeEquipment2023-02-0114634623core:NetGoodwill2023-02-0114634623core:IntangibleAssetsOtherThanGoodwill2023-02-0114634623core:ListedExchangeTraded2023-02-0114634623core:UnlistedNon-exchangeTraded2023-02-0114634623core:LandBuildings2023-02-022024-02-2914634623core:PlantMachinery2023-02-022024-02-2914634623core:Vehicles2023-02-022024-02-2914634623core:FurnitureFittings2023-02-022024-02-2914634623core:OfficeEquipment2023-02-022024-02-2914634623core:NetGoodwill2023-02-022024-02-2914634623core:IntangibleAssetsOtherThanGoodwill2023-02-022024-02-2914634623core:ListedExchangeTraded2023-02-022024-02-2914634623core:UnlistedNon-exchangeTraded2023-02-022024-02-2914634623core:MoreThanFiveYears2023-02-022024-02-2914634623core:Non-currentFinancialInstruments2024-02-2914634623core:Non-currentFinancialInstruments2023-02-0114634623dpl:CostSales2023-02-022024-02-2914634623dpl:DistributionCosts2023-02-022024-02-2914634623core:LandBuildings2023-02-022024-02-2914634623core:PlantMachinery2023-02-022024-02-2914634623core:Vehicles2023-02-022024-02-2914634623core:FurnitureFittings2023-02-022024-02-2914634623core:OfficeEquipment2023-02-022024-02-2914634623dpl:AdministrativeExpenses2023-02-022024-02-2914634623core:NetGoodwill2023-02-022024-02-2914634623core:IntangibleAssetsOtherThanGoodwill2023-02-022024-02-2914634623dpl:GroupUndertakings2023-02-022024-02-2914634623dpl:ParticipatingInterests2023-02-022024-02-2914634623dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-022024-02-2914634623core:ListedExchangeTraded2023-02-022024-02-2914634623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-022024-02-2914634623core:UnlistedNon-exchangeTraded2023-02-022024-02-2914634623dpl:CostSales2023-02-012023-02-0114634623dpl:DistributionCosts2023-02-012023-02-0114634623core:LandBuildings2023-02-012023-02-0114634623core:PlantMachinery2023-02-012023-02-0114634623core:Vehicles2023-02-012023-02-0114634623core:FurnitureFittings2023-02-012023-02-0114634623core:OfficeEquipment2023-02-012023-02-0114634623dpl:AdministrativeExpenses2023-02-012023-02-0114634623core:NetGoodwill2023-02-012023-02-0114634623core:IntangibleAssetsOtherThanGoodwill2023-02-012023-02-0114634623dpl:GroupUndertakings2023-02-012023-02-0114634623dpl:ParticipatingInterests2023-02-012023-02-0114634623dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012023-02-0114634623core:ListedExchangeTraded2023-02-012023-02-0114634623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012023-02-0114634623core:UnlistedNon-exchangeTraded2023-02-012023-02-0114634623core:NetGoodwill2024-02-2914634623core:IntangibleAssetsOtherThanGoodwill2024-02-2914634623core:LandBuildings2024-02-2914634623core:PlantMachinery2024-02-2914634623core:Vehicles2024-02-2914634623core:FurnitureFittings2024-02-2914634623core:OfficeEquipment2024-02-2914634623core:AfterOneYear2024-02-2914634623core:WithinOneYear2024-02-2914634623core:ListedExchangeTraded2024-02-2914634623core:UnlistedNon-exchangeTraded2024-02-2914634623core:ShareCapital2024-02-2914634623core:SharePremium2024-02-2914634623core:RevaluationReserve2024-02-2914634623core:OtherReservesSubtotal2024-02-2914634623core:RetainedEarningsAccumulatedLosses2024-02-2914634623core:NetGoodwill2023-02-0114634623core:IntangibleAssetsOtherThanGoodwill2023-02-0114634623core:LandBuildings2023-02-0114634623core:PlantMachinery2023-02-0114634623core:Vehicles2023-02-0114634623core:FurnitureFittings2023-02-0114634623core:OfficeEquipment2023-02-0114634623core:AfterOneYear2023-02-0114634623core:WithinOneYear2023-02-0114634623core:ListedExc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DERREN PLAISTER MARINE SERVICES LTD

Registered Number
14634623
(England and Wales)

Unaudited Financial Statements for the Period ended
29 February 2024

DERREN PLAISTER MARINE SERVICES LTD
Company Information
for the period from 2 February 2023 to 29 February 2024

Director

PLAISTER, Derren Guy

Company Secretary

PLAISTER, Lee-Ann Marie

Registered Address

11 Clifton Crescent
Falmouth
TR11 3QQ

Registered Number

14634623 (England and Wales)
DERREN PLAISTER MARINE SERVICES LTD
Balance Sheet as at
29 February 2024

Notes

2024

£

£

Fixed assets
Tangible assets3639
639
Current assets
Cash at bank and on hand3,691
3,691
Creditors amounts falling due within one year4(2,462)
Net current assets (liabilities)1,229
Total assets less current liabilities1,868
Creditors amounts falling due after one year5(33)
Provisions for liabilities7(121)
Net assets1,714
Capital and reserves
Called up share capital100
Profit and loss account1,614
Shareholders' funds1,714
The financial statements were approved and authorised for issue by the Director on 19 August 2024, and are signed on its behalf by:
PLAISTER, Derren Guy
Director
Registered Company No. 14634623
DERREN PLAISTER MARINE SERVICES LTD
Notes to the Financial Statements
for the period ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment20
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

2024
Average number of employees during the year2
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
Additions799799
At 29 February 24799799
Depreciation and impairment
Charge for year160160
At 29 February 24160160
Net book value
At 29 February 24639639
At 01 February 23--
4.Creditors: amounts due within one year

2024

£
Taxation and social security1,582
Finance lease and HP contracts399
Accrued liabilities and deferred income481
Total2,462
5.Creditors: amounts due after one year

2024

£
Other creditors33
Total33
6.Obligations under finance leases

2024

£
Finance lease and HP contracts33
7.Provisions for liabilities

2024

£
Net deferred tax liability (asset)121
Total121