SHIP OUSEBURN LIMITED

Company Registration Number:
09821467 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

SHIP OUSEBURN LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SHIP OUSEBURN LIMITED

Company Information

for the Period Ended 31 October 2024




Registered office: Ship Inn
Stepney Bank
Byker
Newcastle Upon Tyne
GBR
NE1 2PW
Company Registration Number: 09821467 (England and Wales)

SHIP OUSEBURN LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 40,292 35,082
Total fixed assets: 40,292 35,082
Current assets
Stocks: 16,037 21,037
Debtors: 5 156,977 139,623
Cash at bank and in hand: 285,000 308,147
Total current assets: 458,014 468,807
Creditors: amounts falling due within one year: 6 ( 35,850 ) ( 74,715 )
Net current assets (liabilities): 422,164 394,092
Total assets less current liabilities: 462,456 429,174
Creditors: amounts falling due after more than one year: 7 ( 7,902 ) ( 7,901 )
Total net assets (liabilities): 454,554 421,273

The notes form part of these financial statements

SHIP OUSEBURN LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 8 0 0
Profit and loss account: 454,553 421,272
Shareholders funds: 454,554 421,273

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 July 2025
And Signed On Behalf Of The Board By:

Name: SARA JANE STAFFORD
Status: Director

The notes form part of these financial statements

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 22 20

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £ £
At 01 November 2023 1,902 4,303 67,410 30,820 104,435
Additions - - 17,482 - 17,482
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 October 2024 1,902 4,303 84,892 30,820 121,917
Depreciation
At 01 November 2023 1,105 3,347 40,671 24,230 69,353
Charge for year 199 239 10,186 1,648 12,272
On disposals - - - - -
Other adjustments - - - - -
At 31 October 2024 1,304 3,586 50,857 25,878 81,625
Net book value
At 31 October 2024 598 717 34,035 4,942 40,292
At 31 October 2023 797 956 26,739 6,590 35,082

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors


2024
£

2023
£
Other debtors 156,977 139,623
Total 156,977 139,623
Debtors due after more than one year: 130,119 139,224

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 12,943 54,274
Other creditors 22,907 20,441
Total 35,850 74,715

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 7,902 7,901
Total 7,902 7,901

SHIP OUSEBURN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

8. Revaluation reserve


2024
£
Balance at 01 November 2023 0
Surplus or deficit after revaluation 0
Balance at 31 October 2024 0