C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Company Registration Number:
00502473 (England and Wales)

Unaudited abridged accounts for the year ended 28 June 2024

Period of accounts

Start date: 29 June 2023

End date: 28 June 2024

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Contents of the Financial Statements

for the Period Ended 28 June 2024

Balance sheet
Notes

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Balance sheet

As at 28 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1,500 1,500
Tangible assets: 4 1,136,573 1,121,079
Investments:   0 0
Total fixed assets: 1,138,073 1,122,579
Current assets
Stocks: 907,335 798,266
Debtors:   2,007,457 1,866,525
Cash at bank and in hand: 108,114 120,600
Investments:   0 0
Total current assets: 3,022,906 2,785,391
Creditors: amounts falling due within one year:   (2,530,984) (2,352,255)
Net current assets (liabilities): 491,922 433,136
Total assets less current liabilities: 1,629,995 1,555,715
Creditors: amounts falling due after more than one year:   (403,015) (317,068)
Provision for liabilities: (33,886) (108,305)
Total net assets (liabilities): 1,193,094 1,130,342
Capital and reserves
Called up share capital: 105,000 105,000
Share premium account: 145,000 145,000
Revaluation reserve:5334,378334,378
Other reserves: 105,000 105,000
Profit and loss account: 503,716 440,964
Shareholders funds: 1,193,094 1,130,342

The notes form part of these financial statements

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Balance sheet statements

For the year ending 28 June 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 31 March 2025
and signed on behalf of the board by:

Name: Thomas Towne
Status: Director

The notes form part of these financial statements

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 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

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

2. Employees

2024 2023
Average number of employees during the period 45 43

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

3. Intangible Assets

Total
Cost £
At 29 June 2023 127,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 June 2024 127,000
Amortisation
At 29 June 2023 125,500
Charge for year 0
On disposals 0
Other adjustments 0
At 28 June 2024 125,500
Net book value
At 28 June 2024 1,500
At 28 June 2023 1,500

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

4. Tangible Assets

Total
Cost £
At 29 June 2023 2,913,697
Additions 148,465
Disposals 0
Revaluations 0
Transfers 0
At 28 June 2024 3,062,162
Depreciation
At 29 June 2023 1,792,618
Charge for year 132,971
On disposals 0
Other adjustments 0
At 28 June 2024 1,925,589
Net book value
At 28 June 2024 1,136,573
At 28 June 2023 1,121,079

C.E.A.TOWNE(SHIP RIGGERS)LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

5. Revaluation reserve

2024
£
Balance at 29 June 2023 334,378
Surplus or deficit after revaluation 0
Balance at 28 June 2024 334,378