THE SHIP & YACHT COMPANY LIMITED

Company Registration Number:
08594759 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THE SHIP & YACHT COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE SHIP & YACHT COMPANY LIMITED

Company Information

for the Period Ended 31 December 2024




Director: Ian Petts
Ewa Petts
Secretary: Ewa Petts
Registered office: Woodhay
16 Mountbatten Drive
Exeter
England
EX2 7GQ
Company Registration Number: 08594759 (England and Wales)

THE SHIP & YACHT COMPANY LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The company provides financial modelling tools. economic models and ship and yacht charter introductions.

Political and charitable donations

Nil

Company policy on the employment of disabled persons

The company does not have any employees.

Additional information

The company attended a number of yacht and jet conferences and ship yards to remain valid and appropriate to its customer base.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Ian Petts
Ewa Petts

Secretary
Ewa Petts

This report was approved by the board of directors on 7 September 2025
And Signed On Behalf Of The Board By:

Name: Ian Petts
Status: Director

Name: Ewa Petts
Status: Director

THE SHIP & YACHT COMPANY LIMITED

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 19,097 20,531
Cost of sales ( 18,740 ) ( 20,133 )
Gross Profit or (Loss) 357 398
Operating Profit or (Loss) 357 398
Profit or (Loss) Before Tax 357 398
Tax on Profit ( 89 ) ( 76 )
Profit or (Loss) for Period 268 322

The notes form part of these financial statements

THE SHIP & YACHT COMPANY LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 9,985 6,664
Total current assets: 9,985 6,664
Creditors: amounts falling due within one year: 4 ( 23,541 ) ( 20,584 )
Net current assets (liabilities): ( 13,556 ) ( 13,920 )
Total assets less current liabilities: ( 13,556 ) ( 13,920 )
Total net assets (liabilities): ( 13,556 ) ( 13,920 )

The notes form part of these financial statements

THE SHIP & YACHT COMPANY LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: ( 15,556 ) ( 15,920 )
Shareholders funds: ( 13,556 ) ( 13,920 )

For the year ending 31 December 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 7 September 2025
And Signed On Behalf Of The Board By:

Name: Ian Petts
Status: Director

Name: Ewa Petts
Status: Director

The notes form part of these financial statements

THE SHIP & YACHT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

THE SHIP & YACHT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

THE SHIP & YACHT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

THE SHIP & YACHT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 23,541 20,584
Total 23,541 20,584

The balance is owed back to the shareholders and represents amount advanced by the shareholders to keep the company going for the foreseeable future.