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Company Registration No. 08272253 (England and Wales)
Yellow Marine Consultancy Ltd Unaudited accounts for the year ended 31 March 2025
Yellow Marine Consultancy Ltd Unaudited accounts Contents
Page
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Yellow Marine Consultancy Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
101,405 
149,933 
Current assets
Debtors
325 
- 
Cash at bank and in hand
8,311 
6,141 
8,636 
6,141 
Creditors: amounts falling due within one year
(8,286)
(54,330)
Net current assets/(liabilities)
350 
(48,189)
Total assets less current liabilities
101,755 
101,744 
Creditors: amounts falling due after more than one year
(100,000)
(100,000)
Provisions for liabilities
Deferred tax
(1,389)
(1,389)
Net assets
366 
355 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
365 
354 
Shareholders' funds
366 
355 
For the year ending 31 March 2025 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Christopher Yellow Director Company Registration No. 08272253
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Yellow Marine Consultancy Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Yellow Marine Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 08272253. The registered office is 95 Ainsty Road, Wetherby, LS22 7FY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Yellow Marine Consultancy Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
162,540 
362 
6,601 
169,503 
Disposals
(53,642)
- 
(282)
(53,924)
At 31 March 2025
108,898 
362 
6,319 
115,579 
Depreciation
At 1 April 2024
12,680 
362 
6,528 
19,570 
Charge for the year
7,493 
- 
- 
7,493 
On disposals
(12,680)
- 
(209)
(12,889)
At 31 March 2025
7,493 
362 
6,319 
14,174 
Net book value
At 31 March 2025
101,405 
- 
- 
101,405 
At 31 March 2024
149,860 
- 
73 
149,933 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
325 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
277 
353 
Other creditors
8,009 
53,977 
8,286 
54,330 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
100,000 
100,000 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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