MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Company Registration Number:
05730914 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 19,261 42,371
Total fixed assets: 19,261 42,371
Current assets
Debtors:   238,898 66,009
Cash at bank and in hand: 647,832 607,876
Total current assets: 886,730 673,885
Creditors: amounts falling due within one year: 4 (187,070) (270,743)
Net current assets (liabilities): 699,660 403,142
Total assets less current liabilities: 718,921 445,513
Total net assets (liabilities): 718,921 445,513
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 718,421 445,013
Shareholders funds: 718,921 445,513

The notes form part of these financial statements

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 September 2024
and signed on behalf of the board by:

Name: R Gregory
Status: Director

The notes form part of these financial statements

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant & machinery etc 33% on cost

Other accounting policies

Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 136,676
Disposals (93,773)
At 31 December 2023 42,903
Depreciation
At 01 January 2023 94,305
Charge for year 9,485
On disposals (80,148)
At 31 December 2023 23,642
Net book value
At 31 December 2023 19,261
At 31 December 2022 42,371

MARITIME INTERNATIONAL SOLUTIONS (INSURANCE BROKERS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

31/12/2023 31/12/2022 Trade Creditors 594 494 Taxation & Social Security 121,776 136,048 Other Creditors 64,700 134,201