G.Baker Marine Limited 04292772 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is marine construction engineering. Digita Accounts Production Advanced 6.30.9574.0 true true 04292772 2023-01-01 2023-12-31 04292772 2023-12-31 04292772 bus:OrdinaryShareClass1 2023-12-31 04292772 core:RetainedEarningsAccumulatedLosses 2023-12-31 04292772 core:ShareCapital 2023-12-31 04292772 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04292772 bus:SmallEntities 2023-01-01 2023-12-31 04292772 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04292772 bus:FilletedAccounts 2023-01-01 2023-12-31 04292772 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04292772 bus:RegisteredOffice 2023-01-01 2023-12-31 04292772 bus:Director1 2023-01-01 2023-12-31 04292772 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04292772 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04292772 countries:EnglandWales 2023-01-01 2023-12-31 04292772 2022-01-01 2022-12-31 04292772 2022-12-31 04292772 bus:OrdinaryShareClass1 2022-12-31 04292772 core:RetainedEarningsAccumulatedLosses 2022-12-31 04292772 core:ShareCapital 2022-12-31 04292772 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04292772

G.Baker Marine Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

G.Baker Marine Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

G.Baker Marine Limited

Company Information

Director

Mr H R Pounds

Registered office

Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

Accountants

MMO Limited
Chartered Accountants
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

 

G.Baker Marine Limited

(Registration number: 04292772)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

257

8,349

Creditors: Amounts falling due within one year

4

(18,161)

(24,674)

Net liabilities

 

(17,904)

(16,325)

Capital and reserves

 

Called up share capital

5

200

200

Retained earnings

(18,104)

(16,525)

Shareholders' deficit

 

(17,904)

(16,325)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 September 2024
 

.........................................
Mr H R Pounds
Director

 

G.Baker Marine Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

These financial statements were authorised for issue by the director on 18 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

All figures are presented in British Stirling, which is the functional currency of the company, and are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

Government grants

Government grants relating to revenue expenditure are recognised in income over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

G.Baker Marine Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

11,783

13,720

Accruals and deferred income

 

2,000

2,000

Other creditors

 

4,378

8,954

 

18,161

24,674

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

200

200

200

200