REGISTERED NUMBER: 01482536

Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Blue Water Marina Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss S J Higgins

SECRETARY:

K Higgins

REGISTERED OFFICE:

Fair View

Field Lane

Hensall

Goole

East Yorkshire

DN14 0RB

REGISTERED NUMBER:

01482536

ACCOUNTANTS:

S & P Wood

1258 Manchester Road

Linthwaite

Huddersfield

West Yorkshire

HD7 5QA

FIXED ASSETS

Tangible assets

4

34,230

36,024

CURRENT ASSETS

Stocks

9,684

9,637

Debtors

5

8,109

5,797

Cash at bank and in hand

188,740

175,511

206,533

190,945

CREDITORS

Amounts falling due within one year

6

89,298

105,641

NET CURRENT ASSETS

117,235

85,304

TOTAL ASSETS LESS CURRENT LIABILITIES

151,465

121,328

PROVISIONS FOR LIABILITIES

8,309

8,702

NET ASSETS

143,156

112,626

CAPITAL AND RESERVES

Called up share capital

999

999

Retained earnings

142,157

111,627

SHAREHOLDERS' FUNDS

143,156

112,626

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 22 April 2025 and were signed by:

Miss S J Higgins - Director

1.	STATUTORY INFORMATION

Blue Water Marina Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

The financial statements are preapred under the historical cost convention and in accordance with the Financial Reporting Standard for smaller entities (effective March 2000).

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 December 2023

85,260

41,887

15,846

Additions

-

5,434

-

Disposals

-

(1,131

)

-

At 30 November 2024

85,260

46,190

15,846

DEPRECIATION

At 1 December 2023

73,640

30,466

10,647

Charge for year

-

4,149

1,300

Eliminated on disposal

-

(886

)

-

At 30 November 2024

73,640

33,729

11,947

NET BOOK VALUE

At 30 November 2024

11,620

12,461

3,899

At 30 November 2023

11,620

11,421

5,199

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2023

17,225

3,103

163,321

Additions

-

579

6,013

Disposals

-

(723

)

(1,854

)

At 30 November 2024

17,225

2,959

167,480

DEPRECIATION

At 1 December 2023

9,958

2,586

127,297

Charge for year

1,817

266

7,532

Eliminated on disposal

-

(693

)

(1,579

)

At 30 November 2024

11,775

2,159

133,250

NET BOOK VALUE

At 30 November 2024

5,450

800

34,230

At 30 November 2023

7,267

517

36,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

5,067

2,967

Other debtors

3,042

2,830

8,109

5,797

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade creditors

35,235

57,460

Taxation and social security

48,557

41,048

Other creditors

5,506

7,133

89,298

105,641