Company Registration No. SC426765 (Scotland)
West Coast Marine Services (uk) Ltd
Unaudited accounts
for the year ended 30 June 2024
West Coast Marine Services (uk) Ltd
Unaudited accounts
Contents
West Coast Marine Services (uk) Ltd
Company Information
for the year ended 30 June 2024
Directors
Hugh Ballie
Neil Anderson
Company Number
SC426765 (Scotland)
Registered Office
Troon Yacht Haven Ltd
Harbour Road
Troon
Ayrshire
KA10 6DJ
Scotland
Accountants
Fletcher and Banks Accountants Ltd
32 Moorfield Road
Prestwick
KA9 2HW
West Coast Marine Services (uk) Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
121,113
121,091
Inventories
329,036
91,750
Cash at bank and in hand
160,492
362,335
Creditors: amounts falling due within one year
(90,718)
(134,877)
Net current assets
417,089
347,696
Net assets
538,202
468,787
Called up share capital
100
100
Profit and loss account
538,102
468,687
Shareholders' funds
538,202
468,787
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by
Neil Anderson
Director
Company Registration No. SC426765
West Coast Marine Services (uk) Ltd
Notes to the Accounts
for the year ended 30 June 2024
West Coast Marine Services (uk) Ltd is a private company, limited by shares, registered in Scotland, registration number SC426765. The registered office is Troon Yacht Haven Ltd, Harbour Road, Troon, Ayrshire, KA10 6DJ, Scotland.
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% Reducing Balance excluding Boats
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
70,000
57,154
33,270
160,424
At 30 June 2024
70,000
59,454
33,270
162,724
At 1 July 2023
-
12,428
26,905
39,333
Charge for the year
-
1,005
1,273
2,278
At 30 June 2024
-
13,433
28,178
41,611
At 30 June 2024
70,000
46,021
5,092
121,113
At 30 June 2023
70,000
44,726
6,365
121,091
Amounts falling due within one year
Trade debtors
18,279
28,488
West Coast Marine Services (uk) Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
19,363
8,950
Taxes and social security
68,663
83,387
Loans from directors
681
19,813
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).