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REGISTERED NUMBER: 12425646 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

LITTORAL RISK LTD

LITTORAL RISK LTD (REGISTERED NUMBER: 12425646)

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










Page

Balance sheet 1

Notes to the financial statements 2


LITTORAL RISK LTD (REGISTERED NUMBER: 12425646)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 4 4,927 4,609

Current assets
Debtors 5 1,383 1,570
Cash at bank 8,148 6
9,531 1,576
Creditors
Amounts falling due within one year 6 3,900 4,338
Net current assets/(liabilities) 5,631 (2,762 )
Total assets less current liabilities 10,558 1,847

Provisions for liabilities 7 519 366
Net assets 10,039 1,481

Capital and reserves
Called up share capital 8 1 1
Retained earnings 10,038 1,480
Shareholders' funds 10,039 1,481

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2025 and were signed by:





Mr C A Mudie - Director


LITTORAL RISK LTD (REGISTERED NUMBER: 12425646)

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


1. Statutory information

Littoral Risk Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12425646. The registered office is 7 & 8 Church Street, Wimborne, Dorset, England, BH21 1JH.

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
Turnover represents gross receipts received in respect of maritime security consultancy assessments and courses

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 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.

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

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

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

LITTORAL RISK LTD (REGISTERED NUMBER: 12425646)

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


4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 February 2024 1,545 6,490 8,035
Additions 225 3,167 3,392
Disposals - (2,645 ) (2,645 )
At 31 January 2025 1,770 7,012 8,782
Depreciation
At 1 February 2024 692 2,734 3,426
Charge for year 269 1,374 1,643
Eliminated on disposal - (1,214 ) (1,214 )
At 31 January 2025 961 2,894 3,855
Net book value
At 31 January 2025 809 4,118 4,927
At 31 January 2024 853 3,756 4,609

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 989 -
Tax - 1,176
Prepayments and accrued income 394 394
1,383 1,570

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Tax 1,972 -
Directors' current accounts 488 3,168
Accruals and deferred income 1,440 1,170
3,900 4,338

7. Provisions for liabilities
2025 2024
£    £   
Deferred tax 519 366

Deferred
tax
£   
Balance at 1 February 2024 366
Provided during year 153
Balance at 31 January 2025 519

LITTORAL RISK LTD (REGISTERED NUMBER: 12425646)

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


8. Called up share capital

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

9. Ultimate controlling party

The Company is under the control of Mr C Mudie by virtue of his 100% holding of the issued voting share capital of the Company.