IRIS Accounts Production v25.1.4.42 07502330 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075023302024-03-31075023302025-03-31075023302024-04-012025-03-31075023302023-03-31075023302023-04-012024-03-31075023302024-03-3107502330ns15:EnglandWales2024-04-012025-03-3107502330ns14:PoundSterling2024-04-012025-03-3107502330ns10:Director12024-04-012025-03-3107502330ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107502330ns10:SmallEntities2024-04-012025-03-3107502330ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3107502330ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107502330ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107502330ns10:FullAccounts2024-04-012025-03-3107502330ns10:OrdinaryShareClass12024-04-012025-03-3107502330ns10:Director22024-04-012025-03-3107502330ns10:RegisteredOffice2024-04-012025-03-3107502330ns5:CurrentFinancialInstruments2025-03-3107502330ns5:CurrentFinancialInstruments2024-03-3107502330ns5:ShareCapital2025-03-3107502330ns5:ShareCapital2024-03-3107502330ns5:RetainedEarningsAccumulatedLosses2025-03-3107502330ns5:RetainedEarningsAccumulatedLosses2024-03-3107502330ns5:MotorVehicles2024-04-012025-03-3107502330ns5:ComputerEquipment2024-04-012025-03-3107502330ns5:PlantMachinery2024-03-3107502330ns5:MotorVehicles2024-03-3107502330ns5:ComputerEquipment2024-03-3107502330ns5:PlantMachinery2024-04-012025-03-3107502330ns5:PlantMachinery2025-03-3107502330ns5:MotorVehicles2025-03-3107502330ns5:ComputerEquipment2025-03-3107502330ns5:PlantMachinery2024-03-3107502330ns5:MotorVehicles2024-03-3107502330ns5:ComputerEquipment2024-03-3107502330ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3107502330ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107502330ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 07502330 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ASHDOWN MARINE LIMITED

ASHDOWN MARINE LIMITED (REGISTERED NUMBER: 07502330)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ASHDOWN MARINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: I D Lovering
Mrs V Lovering



REGISTERED OFFICE: Venture House
The Tanneries
East Street, Titchfield
Fareham
Hampshire
PO14 4AR



REGISTERED NUMBER: 07502330 (England and Wales)



ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR



BANKERS: HSBC Bank PLC
35 Middle Road
Park Gate
Southampton
Hampshire
SO31 7GH

ASHDOWN MARINE LIMITED (REGISTERED NUMBER: 07502330)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,808 2,682

CURRENT ASSETS
Stocks 215 200
Debtors 5 19,234 226
Cash at bank 12,687 20,194
32,136 20,620
CREDITORS
Amounts falling due within one year 6 7,179 1,446
NET CURRENT ASSETS 24,957 19,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,765

21,856

PROVISIONS FOR LIABILITIES 533 444
NET ASSETS 27,232 21,412

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 27,132 21,312
SHAREHOLDERS' FUNDS 27,232 21,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd June 2025 and were signed on its behalf by:





I D Lovering - Director


ASHDOWN MARINE LIMITED (REGISTERED NUMBER: 07502330)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Ashdown Marine Limited 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
Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and associated costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ASHDOWN MARINE LIMITED (REGISTERED NUMBER: 07502330)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


2. ACCOUNTING POLICIES - continued

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 (Section 1a) to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention
to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2024 - 20,000 2,143 22,143
Additions 245 - 2,246 2,491
Disposals - - (1,394 ) (1,394 )
At 31st March 2025 245 20,000 2,995 23,240
DEPRECIATION
At 1st April 2024 - 18,498 963 19,461
Charge for year 61 376 998 1,435
Eliminated on disposal - - (464 ) (464 )
At 31st March 2025 61 18,874 1,497 20,432
NET BOOK VALUE
At 31st March 2025 184 1,126 1,498 2,808
At 31st March 2024 - 1,502 1,180 2,682

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 19,234 -
Other debtors - 226
19,234 226

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 644 -
Taxation and social security 4,265 -
Other creditors 2,270 1,446
7,179 1,446

ASHDOWN MARINE LIMITED (REGISTERED NUMBER: 07502330)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100