Company Registration No. 03169941 (England and Wales)
DEAN'S TUGS & WORKBOATS LIMITED
Unaudited accounts
for the year ended 5 April 2024
DEAN'S TUGS & WORKBOATS LIMITED
Unaudited accounts
Contents
DEAN'S TUGS & WORKBOATS LIMITED
Company Information
for the year ended 5 April 2024
Company Number
03169941 (England and Wales)
Registered Office
63 HARBOUR WAY
VICTORIA DOCK HULL
EAST YORKSHIRE
HU9 1PL
Accountants
AL ACCOUNTING SOLUTIONS (HULL) LIMITED
42 GUILDFORD AVENUE
GILLSHILL ROAD
HULL
EAST YORKSHIRE
HU8 0LB
DEAN'S TUGS & WORKBOATS LIMITED
Statement of financial position
as at 5 April 2024
Tangible assets
150,149
204,914
Cash at bank and in hand
1,198,714
1,015,009
Creditors: amounts falling due within one year
(110,418)
(79,989)
Net current assets
1,569,744
1,325,867
Total assets less current liabilities
1,719,893
1,530,781
Creditors: amounts falling due after more than one year
(2,084)
(1,717)
Net assets
1,717,809
1,529,064
Called up share capital
198,482
198,482
Profit and loss account
1,519,327
1,330,582
Shareholders' funds
1,717,809
1,529,064
For the year ending 5 April 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 director acknowledges his 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 and authorised for issue on 20 February 2025 and were signed on its behalf by
JOHN DEAN
Director
Company Registration No. 03169941
DEAN'S TUGS & WORKBOATS LIMITED
Notes to the Accounts
for the year ended 5 April 2024
DEAN'S TUGS & WORKBOATS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03169941. The registered office is 63 HARBOUR WAY, VICTORIA DOCK HULL, EAST YORKSHIRE, HU9 1PL.
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% COST
Other tangible fixed assets
VESSELS - 10% COST
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
1,464,855
23,721
1,550
1,490,126
At 5 April 2024
1,473,205
23,721
1,550
1,498,476
At 6 April 2023
1,261,694
21,969
1,549
1,285,212
Charge for the year
61,365
1,750
-
63,115
At 5 April 2024
1,323,059
23,719
1,549
1,348,327
At 5 April 2024
150,146
2
1
150,149
At 5 April 2023
203,161
1,752
1
204,914
DEAN'S TUGS & WORKBOATS LIMITED
Notes to the Accounts
for the year ended 5 April 2024
Amounts falling due within one year
Trade debtors
200,799
106,925
Accrued income and prepayments
1,495
500
Other debtors
273,100
274,351
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,290
6,092
Taxes and social security
95,084
45,766
Loans from directors
8,165
9,774
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
198,482 Ordinary shares of £1 each
198,482
198,482
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).