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REGISTERED NUMBER: 08123674 (England and Wales)















Unaudited Financial Statements

for the Period 30 June 2024 to 7 November 2024

for

Port Hill Marine Ltd

Port Hill Marine Ltd (Registered number: 08123674)






Contents of the Financial Statements
for the Period 30 June 2024 to 7 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Port Hill Marine Ltd

Company Information
for the Period 30 June 2024 to 7 November 2024







DIRECTOR: A D Mair





REGISTERED OFFICE: AWS Accountancy Ltd
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 08123674 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Port Hill Marine Ltd (Registered number: 08123674)

Balance Sheet
7 November 2024

7.11.24 29.6.24
Notes £ £ £
FIXED ASSETS
Tangible assets 4 1,424 1,499

CURRENT ASSETS
Debtors 5 3,867 3,750
Cash at bank 167 3,013
4,034 6,763
CREDITORS
Amounts falling due within one year 6 5,157 4,309
NET CURRENT (LIABILITIES)/ASSETS (1,123 ) 2,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

301

3,953

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 300 3,952
SHAREHOLDERS' FUNDS 301 3,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 7 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 7 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Port Hill Marine Ltd (Registered number: 08123674)

Balance Sheet - continued
7 November 2024


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 director and authorised for issue on 2 May 2025 and were signed by:





A D Mair - Director


Port Hill Marine Ltd (Registered number: 08123674)

Notes to the Financial Statements
for the Period 30 June 2024 to 7 November 2024

1. STATUTORY INFORMATION

Port Hill Marine 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 15% on reducing balance

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

Port Hill Marine Ltd (Registered number: 08123674)

Notes to the Financial Statements - continued
for the Period 30 June 2024 to 7 November 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 30 June 2024
and 7 November 2024 2,058
DEPRECIATION
At 30 June 2024 559
Charge for period 75
At 7 November 2024 634
NET BOOK VALUE
At 7 November 2024 1,424
At 29 June 2024 1,499

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
7.11.24 29.6.24
£ £
Trade debtors 3,469 3,469
Amounts owed by associates 120 120
VAT 278 161
3,867 3,750

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
7.11.24 29.6.24
£ £
Trade creditors 1,293 2,754
Amounts owed to associates 1,280 780
Other creditors 39 -
Directors' loan accounts 2,125 -
Accrued expenses 420 775
5,157 4,309

Port Hill Marine Ltd

Report of the Accountants to the Director of
Port Hill Marine Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 7 November 2024 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


2 May 2025