Company Registration No. 04430277 (England and Wales)
Moor Fast (Marine) Limited
Unaudited accounts
for the year ended 31 May 2024
Moor Fast (Marine) Limited
Unaudited accounts
Contents
Moor Fast (Marine) Limited
Company Information
for the year ended 31 May 2024
Company Number
04430277 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
Moor Fast (Marine) Limited
Statement of financial position
as at 31 May 2024
Tangible assets
250,553
250,691
Cash at bank and in hand
39,354
33,432
Creditors: amounts falling due within one year
(84,556)
(77,873)
Net current assets
21,909
13,803
Net assets
272,462
264,494
Called up share capital
50,100
50,100
Revaluation reserve
200,000
200,000
Profit and loss account
22,362
14,394
Shareholders' funds
272,462
264,494
For the year ending 31 May 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 her 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 26 November 2024 and were signed on its behalf by
R Hunter
Director
Company Registration No. 04430277
Moor Fast (Marine) Limited
Notes to the Accounts
for the year ended 31 May 2024
Moor Fast (Marine) Limited is a private company, limited by shares, registered in England and Wales, registration number 04430277. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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:
Land & buildings
Not depreciated
Fixtures & fittings
20% reducing balance basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
250,000
1,168
251,168
At 31 May 2024
250,000
1,168
251,168
Charge for the year
-
138
138
At 31 May 2024
250,000
553
250,553
At 31 May 2023
250,000
691
250,691
Amounts falling due within one year
Moor Fast (Marine) Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,679
1,457
Loans from directors
66,192
69,350
Allotted, called up and fully paid:
50,100 Ordinary shares of £1 each
50,100
50,100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).