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REGISTERED NUMBER: 04297215 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Poseidon Aquatic Resource Management Ltd

Poseidon Aquatic Resource Management Ltd (Registered number: 04297215)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Poseidon Aquatic Resource Management Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: T C Huntington
R R Cappell
G G Macfadyen
V Defaux





SECRETARY: T C Huntington





REGISTERED OFFICE: Windrush
Warborne Lane
Portmore
Lymington
Hampshire
SO41 5RJ





REGISTERED NUMBER: 04297215 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Poseidon Aquatic Resource Management Ltd (Registered number: 04297215)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 532 1,064

CURRENT ASSETS
Debtors 5 218,350 371,402
Cash at bank 283,107 287,218
501,457 658,620
CREDITORS
Amounts falling due within one year 6 (488,580 ) (646,341 )
NET CURRENT ASSETS 12,877 12,279
TOTAL ASSETS LESS CURRENT LIABILITIES 13,409 13,343

PROVISIONS FOR LIABILITIES (101 ) (202 )
NET ASSETS 13,308 13,141

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 3,308 3,141
SHAREHOLDERS' FUNDS 13,308 13,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





G G Macfadyen - Director


Poseidon Aquatic Resource Management Ltd (Registered number: 04297215)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Poseidon Aquatic Resource Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Poseidon Aquatic Resource Management Ltd (Registered number: 04297215)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 1,596
DEPRECIATION
At 1 October 2023 532
Charge for year 532
At 30 September 2024 1,064
NET BOOK VALUE
At 30 September 2024 532
At 30 September 2023 1,064

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 88,246 255,182
Other debtors 124,554 112,887
Tax 42 42
VAT 5,508 3,291
218,350 371,402

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 141,205 318,154
Social security and other taxes - 650
Other creditors 4,451 2,924
Sundry creditors & accruals 342,924 324,613
488,580 646,341