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REGISTERED NUMBER: 07439157 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

MOWLAM MARINE LIMITED

MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

MOWLAM MARINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: C Mowlam





SECRETARY: C Mowlam





REGISTERED OFFICE: 6 College Road
Bournemouth
Dorset
BH5 2DX





REGISTERED NUMBER: 07439157 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,375 22,647

CURRENT ASSETS
Debtors 5 2,486 5,469
Cash at bank 6,455 12,804
8,941 18,273
CREDITORS
Amounts falling due within one year 6 68,825 42,349
NET CURRENT LIABILITIES (59,884 ) (24,076 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,509

)

(1,429

)

CREDITORS
Amounts falling due after more than one
year

7

2,500

4,500
NET LIABILITIES (25,009 ) (5,929 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (25,010 ) (5,930 )
SHAREHOLDERS' FUNDS (25,009 ) (5,929 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 director and authorised for issue on 25 August 2025 and were signed by:





C Mowlam - Director


MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Mowlam Marine 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.

These financial statements have been prepared on a going concern basis. This is dependent on future trading profits being sufficient to services the company's creditors.

Turnover
Turnover represents work done during the period, excluding value added tax.

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 - 15% on reducing balance
Motor vehicles - 20% on reducing balance

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.

MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2023 7,302 33,594 40,896
Additions - 45,500 45,500
Disposals - (33,594 ) (33,594 )
At 30 November 2024 7,302 45,500 52,802
DEPRECIATION
At 1 December 2023 6,155 12,094 18,249
Charge for year 172 9,100 9,272
Eliminated on disposal - (12,094 ) (12,094 )
At 30 November 2024 6,327 9,100 15,427
NET BOOK VALUE
At 30 November 2024 975 36,400 37,375
At 30 November 2023 1,147 21,500 22,647

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,889 4,920
Other debtors 597 549
2,486 5,469

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,000 2,000
Other creditors 66,825 40,349
68,825 42,349

MOWLAM MARINE LIMITED (REGISTERED NUMBER: 07439157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 2,500 4,500

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company had received loans from the director of £66,000 (2023: £39,524) which are included in creditors: amounts falling due within one year. These loans are interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MOWLAM MARINE LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mowlam Marine Limited for the year ended 30 November 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Mowlam Marine Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mowlam Marine Limited and state those matters that we have agreed to state to the director of Mowlam Marine Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mowlam Marine Limited and its director for our work or for this report.

It is your duty to ensure that Mowlam Marine Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mowlam Marine Limited. You consider that Mowlam Marine Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mowlam Marine Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


25 August 2025