BRAUNSTON MARINA LIMITED

Company Registration Number:
02275577 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BRAUNSTON MARINA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BRAUNSTON MARINA LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 435,807 454,692
Total fixed assets: 435,807 454,692
Current assets
Stocks: 14,811 8,854
Debtors:   38,701 125,432
Cash at bank and in hand: 195,925 102,490
Total current assets: 249,437 236,776
Creditors: amounts falling due within one year:   (342,019) (353,645)
Net current assets (liabilities): (92,582) (116,869)
Total assets less current liabilities: 343,225 337,823
Total net assets (liabilities): 343,225 337,823
Capital and reserves
Called up share capital: 314,565 314,565
Share premium account: 23,081 23,081
Profit and loss account: 5,579 177
Shareholders funds: 343,225 337,823

The notes form part of these financial statements

BRAUNSTON MARINA LIMITED

Balance sheet statements

For the year ending 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 February 2025
and signed on behalf of the board by:

Name: Timothy Coghlan
Status: Director

The notes form part of these financial statements

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

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

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Annual depreciation of fixed assets is calculated to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime, at the following rates: Land and building - 1.37% on a straight line basis Plant and machinery - 10% on a straight line basis Fixtures and fittings - 10% on a straight line basis

Valuation and information policy

stock are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads.

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 14 14

BRAUNSTON MARINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,542,214
At 31 December 2024 1,542,214
Depreciation
At 01 January 2024 1,087,522
Charge for year 18,885
At 31 December 2024 1,106,407
Net book value
At 31 December 2024 435,807
At 31 December 2023 454,692