Company No:
Contents
| Note | 31.12.2024 | 31.12.2023 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 52,145 | 66,034 | |||
| Current assets | ||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| 88,163 | 112,253 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (134,063) | (43,622) | ||
| Total assets less current liabilities | (81,918) | 22,412 | ||
| Creditors: amounts falling due after more than one year | 6 | (
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| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 7 |
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| Share premium account |
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| Profit and loss account | (
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| Total shareholders' deficit | (
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Directors' responsibilities:
The financial statements of Onyx Marine Limited (registered number:
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G Julius
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
Onyx Marine Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is B1 Ricardo Way, Ampress Park, LYMINGTON, Hampshire, SO41 8JW.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Revenue from services is recognised as they are delivered.
| Land and buildings |
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| Plant and machinery |
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| Fixtures and fittings |
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| Office equipment |
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Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.
| Year ended 31.12.2024 |
Period from 01.05.2023 to 31.12.2023 |
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| Monthly average number of persons employed by the Company during the year, including directors |
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| Land and buildings | Plant and machinery | Fixtures and fittings | Office equipment | Total | |||||
| £ | £ | £ | £ | £ | |||||
| Cost | |||||||||
| At 01 January 2024 |
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| Additions |
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| At 31 December 2024 |
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| Accumulated depreciation | |||||||||
| At 01 January 2024 |
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| Charge for the financial year |
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| At 31 December 2024 |
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| Net book value | |||||||||
| At 31 December 2024 |
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| At 31 December 2023 |
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| 31.12.2024 | 31.12.2023 | ||
| £ | £ | ||
| Amounts owed by Group undertakings |
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| Amounts owed by directors |
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| Prepayments |
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| VAT recoverable |
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| Corporation tax |
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| Other debtors |
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| 31.12.2024 | 31.12.2023 | ||
| £ | £ | ||
| Bank loans and overdrafts |
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| Trade creditors |
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| Amounts owed to Group undertakings |
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| Taxation and social security |
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| Other creditors |
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| 31.12.2024 | 31.12.2023 | ||
| £ | £ | ||
| Bank loans |
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| 31.12.2024 | 31.12.2023 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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| 111 | 111 |
Transactions with the entity's directors
| 31.12.2024 | 31.12.2023 | ||
| £ | £ | ||
| Loans to directors | 21,271 | 18,638 |
Interest has been charged at the official rate of interest.
Parent Company:
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| Towngate House, 2-8 Parkstone Road, Poole, Dorset, United Kingdom, BH15 2PW |