1 June 2024 false Taxfiler 2024.6 01869866 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 01869866 2024-05-31 01869866 2024-06-01 2025-05-31 01869866 business:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 01869866 business:FilletedAccounts 2024-06-01 2025-05-31 01869866 2025-05-31 01869866 business:Director1 2024-06-01 2025-05-31 01869866 business:CompanySecretary1 2024-06-01 2025-05-31 01869866 business:RegisteredOffice 2024-06-01 2025-05-31 01869866 2024-05-31 01869866 core:WithinOneYear 2025-05-31 01869866 core:WithinOneYear 2024-05-31 01869866 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 01869866 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 01869866 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 01869866 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 01869866 core:PreviouslyStatedAmount 2025-05-31 01869866 core:PreviouslyStatedAmount 2024-05-31 01869866 business:SmallEntities 2024-06-01 2025-05-31 01869866 countries:EnglandWales 2024-06-01 2025-05-31 01869866 core:PlantMachinery 2024-06-01 2025-05-31 01869866 core:MotorVehicles 2024-06-01 2025-05-31 01869866 core:FurnitureFittings 2024-06-01 2025-05-31 01869866 core:PlantMachinery 2024-05-31 01869866 core:MotorVehicles 2024-05-31 01869866 core:FurnitureFittings 2024-05-31 01869866 core:PlantMachinery 2025-05-31 01869866 core:MotorVehicles 2025-05-31 01869866 core:FurnitureFittings 2025-05-31 01869866 business:OrdinaryShareClass1 2024-06-01 2025-05-31 01869866 business:OrdinaryShareClass1 2023-06-01 2024-05-31 01869866 business:Director1 1 2024-06-01 2025-05-31 01869866 business:Director1 1 2024-05-31 01869866 business:Director1 1 2025-05-31 01869866 2023-06-01 2024-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 01869866 (England and Wales)
C. & B. Marine Limited Unaudited accounts for the year ended 31 May 2025
C. & B. Marine Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
C. & B. Marine Limited Company Information for the year ended 31 May 2025
Director
C Silverthorne
Secretary
C Silverthorne
Company Number
01869866 (England and Wales)
Registered Office
Unit C1 The Boatyard Chichester Marina Chichester West Sussex PO20 7EJ
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
- 3 -
C. & B. Marine Limited Accountants' report
Accountants' report to the director of C. & B. Marine Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of C. & B. Marine Limited for the year ended 31 May 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of C. & B. Marine Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of C. & B. Marine Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C. & B. Marine Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that C. & B. Marine Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of C. & B. Marine Limited. You consider that C. & B. 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 accounts of C. & B. 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 accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 31 July 2025
- 4 -
C. & B. Marine Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
131
174
Current assets
Inventories
1,500
1,200
Debtors
5
263
6,879
Cash at bank and in hand
16,367
11,839
18,130
19,918
Creditors: amounts falling due within one year
6
(25,769)
(19,821)
Net current (liabilities)/assets
(7,639)
97
Net (liabilities)/assets
(7,508)
271
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(7,608)
171
Shareholders' funds
(7,508)
271
For the year ending 31 May 2025 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 director acknowledges his 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 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 and authorised for issue on 31 July 2025 and were signed on its behalf by
C Silverthorne Director Company Registration No. 01869866
- 5 -
C. & B. Marine Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
C. & B. Marine Limited is a private company, limited by shares, registered in England and Wales, registration number 01869866. The registered office is Unit C1 The Boatyard, Chichester Marina, Chichester, West Sussex, PO20 7EJ.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognized when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Stock
Stocks are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items.
Operating Lease Agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
- 6 -
C. & B. Marine Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
11,874
29,412
2,461
43,747
At 31 May 2025
11,874
29,412
2,461
43,747
Depreciation
At 1 June 2024
11,788
29,325
2,460
43,573
Charge for the year
21
21
1
43
At 31 May 2025
11,809
29,346
2,461
43,616
Net book value
At 31 May 2025
65
66
-
131
At 31 May 2024
86
87
1
174
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
263
6,879
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
619
267
Trade creditors
2,291
3,480
Loans from directors
17,859
11,058
Accruals
5,000
5,016
25,769
19,821
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
C Silverthorne
Director's loan account
(11,058)
(10,033)
(3,232)
(17,859)
(11,058)
(10,033)
(3,232)
(17,859)
9
Transactions with related parties
The company was under the control of C Silverthorne throughout the current and previous year.
- 7 -
C. & B. Marine Limited Notes to the Accounts for the year ended 31 May 2025
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 8 -