SIRM UK MARINE LIMITED

Company Registration Number:
10167736 (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

SIRM UK MARINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SIRM UK MARINE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 393,922 331,290
Tangible assets: 4 983,993 1,247,552
Total fixed assets: 1,377,915 1,578,842
Current assets
Stocks: 858,888 613,390
Debtors:   2,081,631 2,102,584
Cash at bank and in hand: 204,324 156,252
Total current assets: 3,144,843 2,872,226
Creditors: amounts falling due within one year:   (2,725,033) (2,497,516)
Net current assets (liabilities): 419,810 374,710
Total assets less current liabilities: 1,797,725 1,953,552
Creditors: amounts falling due after more than one year:   (166,667) (258,333)
Total net assets (liabilities): 1,631,058 1,695,219
Capital and reserves
Called up share capital: 2,928,100 2,928,100
Profit and loss account: (1,297,042) (1,232,881)
Shareholders funds: 1,631,058 1,695,219

The notes form part of these financial statements

SIRM UK MARINE 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 19 September 2024
and signed on behalf of the board by:

Name: Luca De Cesare
Status: Director

The notes form part of these financial statements

SIRM UK MARINE 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 Financial Reporting Standard 101

SIRM UK MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 48 50

SIRM UK MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 1,745,970
Additions 113,396
At 31 December 2023 1,859,366
Amortisation
At 01 January 2023 1,414,680
Charge for year 50,764
At 31 December 2023 1,465,444
Net book value
At 31 December 2023 393,922
At 31 December 2022 331,290

SIRM UK MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 2,227,913
Additions 75,894
Disposals (186,818)
At 31 December 2023 2,116,989
Depreciation
At 01 January 2023 980,361
Charge for year 246,579
On disposals (93,944)
At 31 December 2023 1,132,996
Net book value
At 31 December 2023 983,993
At 31 December 2022 1,247,552