2023-10-01 08219355 2024-09-30 08219355 2023-10-01 2024-09-30 08219355 2023-09-30 08219355 2022-10-01 2023-09-30 08219355 uk-core:WithinOneYear 2023-09-30 08219355 uk-core:WithinOneYear 2024-09-30 08219355 uk-core:ShareCapital 2024-09-30 08219355 uk-core:ShareCapital 2023-09-30 08219355 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 08219355 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 08219355 uk-bus:Director1 2023-10-01 2024-09-30 08219355 uk-core:PlantMachinery 2023-10-01 2024-09-30 08219355 uk-core:OfficeEquipment 2023-10-01 2024-09-30 08219355 uk-core:Vehicles 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure 08219355 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08219355 uk-bus:FRS102 2023-10-01 2024-09-30 08219355 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 08219355 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Squirrel Marine Ltd
Registered Number:08219355
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Squirrel Marine Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08219355
As at 30 September 2024
Squirrel Marine Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
102,880
100,489
102,880
100,489
Current assets
Trade and other receivables
49,602
1,974
2
173,656
Cash and cash equivalents
73,389
75,363
223,258
Trade and other payables: amounts falling due within one year
(190,605)
(86,660)
3
32,653
(11,297)
Net current liabilities
Total assets less current liabilities
91,583
133,142
91,583
Net assets
133,142
Capital and reserves
Called up share capital
100
100
Retained earnings
91,483
133,042
91,583
133,142
Shareholders' funds
For the year ended 30 September 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 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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Jason Lengden Director
These financial statements were approved and authorised for issue by the Board on 10 April 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 September 2024
Squirrel Marine Ltd
Notes to the Financial Statements
Statutory Information
Squirrel Marine Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08219355.
Principal place of business:
Haryam, Rumstead Lane
Stockbury
Nr Sittingbourne
Kent
ME9 7QJ
Registered address:
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
15% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Trade and other receivables
2023
2024
£
£
Trade debtors
1,974
49,602
2 of 3
5
For the year ended 30 September 2024
Squirrel Marine Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
4,351
1,528
Taxation and social security
1,520
80,962
Other creditors
80,789
108,115
86,660
190,605
4. Average number of persons employed
During the year the average number of employees was 2 (2023 : 1)
3 of 3