Company Registration No. 6487911 (England and Wales)
KARL DAY MARINE LIMITED
Unaudited accounts
for the year ended 31 January 2024
KARL DAY MARINE LIMITED
Unaudited accounts
Contents
KARL DAY MARINE LIMITED
Company Information
for the year ended 31 January 2024
Company Number
6487911 (England and Wales)
Registered Office
4 Crest Drive
Fenstanton
Huntingdon
PE28 9BR
Accountants
M & JB Associates Ltd
7 Laxton Close
Attleborough
Norfolk
NR17 1QY
KARL DAY MARINE LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
9,023
10,114
Cash at bank and in hand
20,721
2,760
Creditors: amounts falling due within one year
(31,067)
(19,215)
Net current assets
8,786
7,031
Total assets less current liabilities
17,809
17,145
Creditors: amounts falling due after more than one year
(12,038)
(17,020)
Called up share capital
1
1
Profit and loss account
5,770
124
Shareholders' funds
5,771
125
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2024 and were signed on its behalf by
Karl Day
Director
Company Registration No. 6487911
KARL DAY MARINE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
KARL DAY MARINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6487911. The registered office is 4 Crest Drive, Fenstanton, Huntingdon, PE28 9BR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Reducing balance
Computer equipment
20% on Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
28,613
1,813
30,426
At 31 January 2024
28,613
2,979
31,592
At 1 February 2023
19,422
890
20,312
Charge for the year
1,839
418
2,257
At 31 January 2024
21,261
1,308
22,569
At 31 January 2024
7,352
1,671
9,023
At 31 January 2023
9,191
923
10,114
KARL DAY MARINE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
12,120
5,950
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
713
863
Obligations under finance leases and hire purchase contracts
-
223
Trade creditors
14,955
11,435
Taxes and social security
10,778
6,694
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).