Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31442024-04-01falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04032986 2024-04-01 2025-03-31 04032986 2023-04-01 2024-03-31 04032986 2025-03-31 04032986 2024-03-31 04032986 c:Director1 2024-04-01 2025-03-31 04032986 d:MotorVehicles 2024-04-01 2025-03-31 04032986 d:MotorVehicles 2025-03-31 04032986 d:MotorVehicles 2024-03-31 04032986 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04032986 d:FurnitureFittings 2024-04-01 2025-03-31 04032986 d:FurnitureFittings 2025-03-31 04032986 d:FurnitureFittings 2024-03-31 04032986 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04032986 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04032986 d:CurrentFinancialInstruments 2025-03-31 04032986 d:CurrentFinancialInstruments 2024-03-31 04032986 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 04032986 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04032986 d:ShareCapital 2025-03-31 04032986 d:ShareCapital 2024-03-31 04032986 d:SharePremium 2025-03-31 04032986 d:SharePremium 2024-03-31 04032986 d:CapitalRedemptionReserve 2025-03-31 04032986 d:CapitalRedemptionReserve 2024-03-31 04032986 d:RetainedEarningsAccumulatedLosses 2025-03-31 04032986 d:RetainedEarningsAccumulatedLosses 2024-03-31 04032986 c:FRS102 2024-04-01 2025-03-31 04032986 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04032986 c:FullAccounts 2024-04-01 2025-03-31 04032986 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04032986 2 2024-04-01 2025-03-31 04032986 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 04032986









STRATEGIC MARINE SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
STRATEGIC MARINE SERVICES LIMITED
REGISTERED NUMBER: 04032986

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
34,759
42,172

  
34,759
42,172

Current assets
  

Debtors: amounts falling due within one year
 5 
17,287
15,101

Cash at bank and in hand
 6 
40,177
41,476

  
57,464
56,577

Creditors: amounts falling due within one year
 7 
(26,639)
(16,600)

Net current assets
  
 
 
30,825
 
 
39,977

Total assets less current liabilities
  
65,584
82,149

  

Net assets
  
65,584
82,149


Capital and reserves
  

Called up share capital 
  
107
107

Share premium account
  
2,494
2,494

Capital redemption reserve
  
76
76

Profit and loss account
  
62,907
79,472

  
65,584
82,149


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2025.

Page 1

 
STRATEGIC MARINE SERVICES LIMITED
REGISTERED NUMBER: 04032986
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025


Capt. Christopher Nigel Hallam
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
STRATEGIC MARINE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Strategic Marine Services Limited (company number 04032986) is a private company limited by shares, registered in England and Wales. Its registered office is at Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
STRATEGIC MARINE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
STRATEGIC MARINE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).

Page 5

 
STRATEGIC MARINE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 April 2024
54,498
24,819
79,317


Additions
41,250
487
41,737


Disposals
(54,498)
-
(54,498)



At 31 March 2025

41,250
25,306
66,556



Depreciation


At 1 April 2024
16,934
20,211
37,145


Charge for the year on owned assets
10,313
1,273
11,586


Disposals
(16,934)
-
(16,934)



At 31 March 2025

10,313
21,484
31,797



Net book value



At 31 March 2025
30,937
3,822
34,759



At 31 March 2024
37,564
4,608
42,172


5.


Debtors

2025
2024
£
£


Trade debtors
14,119
13,229

Other debtors
970
-

Prepayments and accrued income
2,198
1,872

17,287
15,101


Page 6

 
STRATEGIC MARINE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
40,177
41,476

40,177
41,476



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
330
1,100

Corporation tax
14,558
6,358

Other taxation and social security
8,873
6,694

Accruals and deferred income
2,878
2,448

26,639
16,600



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separetely from those of the Company in an independently administered fun. The pension cost charge represents contributions payable by the Company to the fund and amounted to £10,463 (£2024: £13,586). Contributions totalling £Nil were payable to the fund at the balance sheet date and are included in creditors.


9.


Related party transactions

The director loan account was overdrawn during the year in the amount of £1,515 and was repaid on the 31 March 2025.

 
Page 7