GREEN MARINE TECHNOLOGIES LIMITED

Company Registration Number:
04090301 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

GREEN MARINE TECHNOLOGIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GREEN MARINE TECHNOLOGIES LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Christopher Meredith
Secretary: Christopher Meredith
Registered office: 16 Took'S Court
Took's Court
London
England
EC4A 1LB
Company Registration Number: 04090301 (England and Wales)

GREEN MARINE TECHNOLOGIES LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

The company owns and operates a Motor Vessel - M. V. Loyal Chancellor.

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Additional information

None

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Christopher Meredith

Secretary
Christopher Meredith

This report was approved by the board of directors on 10 November 2024
And Signed On Behalf Of The Board By:

Name: Christopher Meredith
Status: Director

GREEN MARINE TECHNOLOGIES LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 18,000 18,000
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 18,000 18,000
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 19,155 ) ( 36,199 )
Other operating income 0 0
Operating Profit or (Loss) ( 1,155 ) ( 18,199 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 1,155 ) ( 18,199 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 1,155 ) ( 18,199 )

The notes form part of these financial statements

GREEN MARINE TECHNOLOGIES LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 60,666 69,611
Total fixed assets: 60,666 69,611
Current assets
Total assets less current liabilities: 60,666 69,611
Creditors: amounts falling due after more than one year: 5 ( 108,064 ) ( 115,854 )
Total net assets (liabilities): ( 47,398 ) ( 46,243 )

The notes form part of these financial statements

GREEN MARINE TECHNOLOGIES LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 80,000 80,000
Profit and loss account: ( 127,398 ) ( 126,243 )
Shareholders funds: ( 47,398 ) ( 46,243 )

For the year ending 31 October 2024 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 November 2024
And Signed On Behalf Of The Board By:

Name: Christopher Meredith
Status: Director

The notes form part of these financial statements

GREEN MARINE TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue Turnover comprises rental income and is exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation of Tangible Assets is charged at 5% straight line.

    Intangible fixed assets amortisation policy

    None

    Valuation information and policy

    None

    Other accounting policies

    None

GREEN MARINE TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

GREEN MARINE TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

GREEN MARINE TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 November 2023 178,897 178,897
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 178,897 178,897
Depreciation
At 01 November 2023 109,286 109,286
Charge for year 8,945 8,945
On disposals - -
Other adjustments - -
At 31 October 2024 118,231 118,231
Net book value
At 31 October 2024 60,666 60,666
At 31 October 2023 69,611 69,611

GREEN MARINE TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 108,064 115,854
Total 108,064 115,854