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REGISTERED NUMBER: 10500220 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SDS MARINE ENGINEERING SERVICES LTD

SDS MARINE ENGINEERING SERVICES LTD (REGISTERED NUMBER: 10500220)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Balance Sheet 1


SDS MARINE ENGINEERING SERVICES LTD (REGISTERED NUMBER: 10500220)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
£    £    £    £   
FIXED ASSETS 12,742 18,462

CURRENT ASSETS 64,519 49,055

CREDITORS
Amounts falling due within one year (51,111 ) (55,301 )
NET CURRENT ASSETS/(LIABILITIES) 13,408 (6,246 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,150

12,216

CREDITORS
Amounts falling due after more than one
year

30,492

38,879
NET LIABILITIES (4,342 ) (26,663 )

CAPITAL AND RESERVES (4,342 ) (26,663 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

SDS Marine Engineering Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10500220

Registered office: Unit 6C
Hadston Industrial Estate
Hadston
Morpeth
Northumberland
NE65 9YG

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2022 - 2 ) .

SDS MARINE ENGINEERING SERVICES LTD (REGISTERED NUMBER: 10500220)

BALANCE SHEET - continued
31 OCTOBER 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
S D Stewart
Balance outstanding at start of year 25,203 42,266
Amounts advanced 50,173 49,247
Amounts repaid (51,815 ) (66,310 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,561 25,203



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 16 October 2024 and were signed by:





S D Stewart - Director