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REGISTERED NUMBER: 01793607 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Rochester Marine Developments Limited

Rochester Marine Developments Limited (Registered number: 01793607)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rochester Marine Developments Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: M Entecott





REGISTERED OFFICE: 375 High St.
Rochester
Kent
ME1 1DA





REGISTERED NUMBER: 01793607 (England and Wales)





ACCOUNTANTS: Ardor Business Solutions Limited
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE

Rochester Marine Developments Limited (Registered number: 01793607)

Statement of Financial Position
31 January 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 14,146 14,195

CURRENT ASSETS
Debtors 6 73,679 25,634
Cash at bank and in hand 3,988 57,969
77,667 83,603
CREDITORS
Amounts falling due within one year 7 4,038 8,712
NET CURRENT ASSETS 73,629 74,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,775

89,086

PROVISIONS FOR LIABILITIES 8 37 37
NET ASSETS 87,738 89,049

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 8,097 8,097
Retained earnings 9 79,541 80,852
87,738 89,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Rochester Marine Developments Limited (Registered number: 01793607)

Statement of Financial Position - continued
31 January 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2024 and were signed by:





M Entecott - Director


Rochester Marine Developments Limited (Registered number: 01793607)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Rochester Marine Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Amounts are rounded to the nearest Pound Sterling.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents moorings and related charges and is recognised over the term of the rental period on a straight line basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Tangible assets are initially measured at cost and subsequently measured at cost, net of depreciation. The value of the moorings is determined by the directors at each reporting date based on a multiple of annual rental income.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Rochester Marine Developments Limited (Registered number: 01793607)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 February 2023
and 31 January 2024 14,000 11,486 25,486
DEPRECIATION
At 1 February 2023 - 11,291 11,291
Charge for year - 49 49
At 31 January 2024 - 11,340 11,340
NET BOOK VALUE
At 31 January 2024 14,000 146 14,146
At 31 January 2023 14,000 195 14,195

Cost or valuation at 31 January 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 8,097 - 8,097
Cost 5,903 11,486 17,389
14,000 11,486 25,486

The property was revalued by the directors on 31 January 2024. The value of the moorings is determined by the directors at each reporting date based on a multiple of annual rental income.

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/24 31/1/23
£    £   
Amounts owed by group undertakings 73,679 25,634

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Amounts owed to group undertakings - 1,440
Taxation 1,918 4,633
Accrued expenses 2,120 2,639
4,038 8,712

8. PROVISIONS FOR LIABILITIES
31/1/24 31/1/23
£    £   
Deferred tax 37 37

Rochester Marine Developments Limited (Registered number: 01793607)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2023 37
Balance at 31 January 2024 37

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 February 2023 80,852 8,097 88,949
Deficit for the year (1,311 ) (1,311 )
At 31 January 2024 79,541 8,097 87,638

10. RELATED PARTY DISCLOSURES

Related party transactions with the parent company were conducted at arms length and at market rate. The company has therefore chosen not to disclose these transactions within these financial statements as permitted by FRS 102 section 1A. There are no other disclosable related party transactions. Amounts owed by the parent company and to group companies are disclosed in the notes of these financial statements.

11. ULTIMATE CONTROLLING PARTY

The immediate parent company is Featherstone's, Limited.

The ultimate parent company is 2D8 Limited.

The ultimate controlling party is Miss L E Pitham, the sole director of 2D8 Limited and shareholder who owns all voting classes of shares in the company

The address of the ultimate parent company's registered office is 14a Farwig Lane, Bromley, England, BR1 3RB, which is also its principal place of business.