Company Registration No. 14400312 (England and Wales)
Potts.offshore Limited
Unaudited accounts
for the year ended 31 October 2024
Potts.offshore Limited
Unaudited accounts
Contents
Potts.offshore Limited
Company Information
for the year ended 31 October 2024
Company Number
14400312 (England and Wales)
Registered Office
38 Palatine Place
Gateshead
NE11 9SR
United Kingdom
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
Potts.offshore Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,792
1
Creditors: amounts falling due within one year
(4,780)
-
Net current (liabilities)/assets
(2,988)
1
Called up share capital
1
1
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 15 July 2025 and were signed on its behalf by
Nicholas Potts
Director
Company Registration No. 14400312
Potts.offshore Limited
Notes to the Accounts
for the year ended 31 October 2024
Potts.offshore Limited is a private company, limited by shares, registered in England and Wales, registration number 14400312. The registered office is 38 Palatine Place, Gateshead, NE11 9SR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 1 (2023: 0).