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REGISTERED NUMBER: 04813965















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Fenny Marina Limited

Fenny Marina Limited (Registered number: 04813965)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fenny Marina Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: P Dykes





REGISTERED OFFICE: Ridge House Annexe
16 Main Ridge West
Boston
Lincolnshire
PE216QQ





REGISTERED NUMBER: 04813965






Fenny Marina Limited (Registered number: 04813965)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 653,849 653,849
653,849 653,849

CURRENT ASSETS
Stocks - 14,343
Debtors 5 150,439 440,784
Prepayments and accrued income - 19,941
Cash at bank 786,817 144,712
937,256 619,780
CREDITORS
Amounts falling due within one year 6 321,759 37,935
NET CURRENT ASSETS 615,497 581,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,269,346

1,235,694

CAPITAL AND RESERVES
Called up share capital 300 300
Share premium 161,000 161,000
Retained earnings 1,108,046 1,074,394
SHAREHOLDERS' FUNDS 1,269,346 1,235,694

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

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 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.

Fenny Marina Limited (Registered number: 04813965)

Balance Sheet - continued
30 September 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 23 June 2025 and were signed by:





P Dykes - Director


Fenny Marina Limited (Registered number: 04813965)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on reducing balance and 15% 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Fenny Marina Limited (Registered number: 04813965)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023 493,950
Disposals (493,950 )
At 30 September 2024 -
AMORTISATION
At 1 October 2023 493,950
Eliminated on disposal (493,950 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 October 2023
and 30 September 2024 625,526 35,067 27,666
DEPRECIATION
At 1 October 2023
and 30 September 2024 - 7,588 27,666
NET BOOK VALUE
At 30 September 2024 625,526 27,479 -
At 30 September 2023 625,526 27,479 -

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 627 2,746 3,037 694,669
DEPRECIATION
At 1 October 2023
and 30 September 2024 468 2,061 3,037 40,820
NET BOOK VALUE
At 30 September 2024 159 685 - 653,849
At 30 September 2023 159 685 - 653,849

Fenny Marina Limited (Registered number: 04813965)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 150,361 440,784
VAT 78 -
150,439 440,784

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Corporation tax 2,043 8,827
Social security and other taxes (438 ) -
VAT - 773
Other creditors - 3,136
Directors' loan accounts 315,450 763
Accruals and deferred income 4,704 24,436
321,759 37,935

7. POST BALANCE SHEET EVENTS

Plans to discontinue the business operation of the marina at Fenny Compton came into effect on 31st May 2024 when this part of the business was sold. This has been reflected in the accounts for the year ended 30th September 2024.
The land at Ivinghoe is to be sold in 2025. This does not affect the accounts for the year ended 30th September 2024, and therefore no financial adjustments have been made in these accounts.