SOUTH WEST BOAT TRANSPORT LIMITED

Company Registration Number:
05662886 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SOUTH WEST BOAT TRANSPORT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SOUTH WEST BOAT TRANSPORT LIMITED

Company Information

for the Period Ended 31 March 2024




Registered office: 4
Conference Place
Lymington
England
SO41 3TQ
Company Registration Number: 05662886 (England and Wales)

SOUTH WEST BOAT TRANSPORT LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 510,569 491,350
Total fixed assets: 510,569 491,350
Current assets
Debtors: 44,346 40,873
Cash at bank and in hand: 80,885 98,640
Total current assets: 125,231 139,513
Creditors: amounts falling due within one year: ( 21,067 ) ( 35,989 )
Net current assets (liabilities): 104,164 103,524
Total assets less current liabilities: 614,733 594,874
Creditors: amounts falling due after more than one year: ( 248,138 ) ( 262,895 )
Total net assets (liabilities): 366,595 331,979

The notes form part of these financial statements

SOUTH WEST BOAT TRANSPORT LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 5 366,594 331,978
Shareholders funds: 366,595 331,979

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 27 December 2024
And Signed On Behalf Of The Board By:

Name: Michael Whelan
Status: Director

The notes form part of these financial statements

SOUTH WEST BOAT TRANSPORT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

SOUTH WEST BOAT TRANSPORT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 6

SOUTH WEST BOAT TRANSPORT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SOUTH WEST BOAT TRANSPORT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 561,202
Additions 119,477
Disposals (49,441)
Revaluations -
Transfers -
At 31 March 2024 631,238
Depreciation
At 01 April 2023 69,852
Charge for year 57,102
On disposals (6,285)
Other adjustments -
At 31 March 2024 120,669
Net book value
At 31 March 2024 510,569
At 31 March 2023 491,350

SOUTH WEST BOAT TRANSPORT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve


2024
£
Balance at 01 April 2023 331,978
Surplus or deficit after revaluation 34,616
Balance at 31 March 2024 366,594