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Company Registration No. 07030485 (England and Wales)
Miniport Ships Ltd Unaudited accounts for the year ended 31 December 2024
Miniport Ships Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Miniport Ships Ltd Company Information for the year ended 31 December 2024
Directors
Richard James Ware Deborah Leslie Ware
Company Number
07030485 (England and Wales)
Registered Office
7 St Edmunds Walk Wootton Bridge Ryde Isle of Wight PO33 4JB
Accountants
Caryn March Accountants Limited 7 St Edmunds Walk Wootton Bridge Ryde Isle of Wight PO33 4JB
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Miniport Ships Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
97,252 
75,864 
Current assets
Debtors
9,017 
9,017 
Cash at bank and in hand
(3,972)
(1,950)
5,045 
7,067 
Creditors: amounts falling due within one year
(21,489)
(18,061)
Net current liabilities
(16,444)
(10,994)
Total assets less current liabilities
80,808 
64,870 
Creditors: amounts falling due after more than one year
(11,004)
(13,000)
Net assets
69,804 
51,870 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
69,704 
51,770 
Shareholders' funds
69,804 
51,870 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by
Richard James Ware Director Company Registration No. 07030485
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Miniport Ships Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Miniport Ships Ltd is a private company, limited by shares, registered in England and Wales, registration number 07030485. The registered office is 7 St Edmunds Walk, Wootton Bridge, Ryde, Isle of Wight, PO33 4JB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable from providing family amusement rides. excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised at the time of sale. No provision is required for rebates, discounts or returns.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
7 year straightline
Fixtures & fittings
25% reducing balance
Computer equipment
3 year straightline
Presentation currency
The accounts are presented in £ sterling.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
30,000 
At 31 December 2024
30,000 
Amortisation
At 1 January 2024
30,000 
At 31 December 2024
30,000 
Net book value
At 31 December 2024
- 
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Miniport Ships Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
143,867 
Additions
25,854 
At 31 December 2024
169,721 
Depreciation
At 1 January 2024
68,003 
Charge for the year
4,466 
At 31 December 2024
72,469 
Net book value
At 31 December 2024
97,252 
At 31 December 2023
75,864 
6
Average number of employees
During the year the average number of employees was 5 (2023: 3).
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