IRIS Accounts Production v24.3.2.46 14881324 Board of Directors 19.5.23 31.5.24 31.5.24 2 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148813242023-05-18148813242024-05-31148813242023-05-192024-05-31148813242023-05-1814881324ns15:EnglandWales2023-05-192024-05-3114881324ns14:PoundSterling2023-05-192024-05-3114881324ns10:Director12023-05-192024-05-3114881324ns10:PrivateLimitedCompanyLtd2023-05-192024-05-3114881324ns10:Micro-entities2023-05-192024-05-3114881324ns10:AuditExempt-NoAccountantsReport2023-05-192024-05-3114881324ns10:FullAccounts2023-05-192024-05-3114881324ns5:CurrentFinancialInstruments2024-05-3114881324ns10:RegisteredOffice2023-05-192024-05-31
REGISTERED NUMBER: 14881324 (England and Wales)









CHANNEL MARINE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

19 MAY 2023 TO 31 MAY 2024






CHANNEL MARINE LIMITED (REGISTERED NUMBER: 14881324)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 MAY 2023 TO 31 MAY 2024




Page

Balance Sheet 1


CHANNEL MARINE LIMITED (REGISTERED NUMBER: 14881324)

BALANCE SHEET
31 MAY 2024

£    £   
FIXED ASSETS 82,511

CURRENT ASSETS 180,314

CREDITORS
Amounts falling due within one year (177,356 )
NET CURRENT ASSETS 2,958
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,469

CAPITAL AND RESERVES 85,469

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Channel Marine Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14881324

Registered office: Churchgate House
3 Church Road
Whitchurch
Cardiff
SOUTH GLAMORGAN
CF14 2DX

The presentation currency of the financial statements is the Pound Sterling (£).


CHANNEL MARINE LIMITED (REGISTERED NUMBER: 14881324)

BALANCE SHEET - continued
31 MAY 2024

NOTES TO THE FINANCIAL STATEMENTS

2. SECURITY

As of 31 May 2024, the company has two outstanding charges in favour of TJ Services (Wales) Limited, both created on 03 January 2024.

These charges are secured against the company's water injection dredging vessel.

The carrying amount of the secured assets and the corresponding liabilities are as follows:

Secured assets - Water injection dredging vessel with a new book value of £82,511

Secured liabilities - Loans totalling £131,450 due to TJ Services (Wales) Limited.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year, including directors was 2.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:




T J Lewis - Director