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REGISTERED NUMBER: 06647450 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WHITEHAVEN MARINA LIMITED

WHITEHAVEN MARINA LIMITED (REGISTERED NUMBER: 06647450)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WHITEHAVEN MARINA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr D R McKiernan
Mr M C Ward





REGISTERED OFFICE: Universal Marina
Crableck Lane
Sarisbury Green
Southampton
Hampshire
SO31 7ZN





REGISTERED NUMBER: 06647450 (England and Wales)






WHITEHAVEN MARINA LIMITED (REGISTERED NUMBER: 06647450)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 220,639 201,064

CURRENT ASSETS
Stocks 7,000 1,638
Debtors 5 218,903 153,962
Cash at bank and in hand 281,565 242,603
507,468 398,203
CREDITORS
Amounts falling due within one year 6 576,026 527,517
NET CURRENT LIABILITIES (68,558 ) (129,314 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,081

71,750

PROVISIONS FOR LIABILITIES 33,538 27,520
NET ASSETS 118,543 44,230

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 118,542 44,229
118,543 44,230

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 18 July 2025 and were signed on its behalf by:





Mr D R McKiernan - Director


WHITEHAVEN MARINA LIMITED (REGISTERED NUMBER: 06647450)

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


1. STATUTORY INFORMATION

Whitehaven Marina 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.

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
Sale of Goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
All fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold 10 - 30 years straight line
Plant & machinery 5 - 20 years straight line
Computer equipment 3 - 5 years straight line

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

WHITEHAVEN MARINA LIMITED (REGISTERED NUMBER: 06647450)

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


2. ACCOUNTING POLICIES - continued

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.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4. TANGIBLE FIXED ASSETS
Office
and
Long Plant and Computer
leasehold machinery equipment Totals
£    £    £    £   
COST
At 1 April 2024 207,079 228,063 39,756 474,898
Additions 1,980 36,072 3,598 41,650
At 31 March 2025 209,059 264,135 43,354 516,548
DEPRECIATION
At 1 April 2024 103,375 137,267 33,192 273,834
Charge for year 7,974 11,053 3,048 22,075
At 31 March 2025 111,349 148,320 36,240 295,909
NET BOOK VALUE
At 31 March 2025 97,710 115,815 7,114 220,639
At 31 March 2024 103,704 90,796 6,564 201,064

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 117,912 119,261
Other debtors 100,991 34,701
218,903 153,962

WHITEHAVEN MARINA LIMITED (REGISTERED NUMBER: 06647450)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 7) - 17,664
Trade creditors 128,908 56,090
Amounts owed to group undertakings - 3,000
Taxation and social security 68,739 88,486
Other creditors 378,379 362,277
576,026 527,517

7. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year - 17,664

Non-cancellable operating leases
2025 2024
£    £   
Within one year 66,899 66,899
Between one and five years 267,595 267,595
In more than five years 936,582 1,003,481
1,271,076 1,337,975