Nick Cox Yacht Chandler Limited 01973876 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Other retail sale in non-specialised stores Digita Accounts Production Advanced 6.30.9574.0 true G C Benge R J Besse S Sheehan true 01973876 2024-01-01 2024-12-31 01973876 2024-12-31 01973876 core:ShareCapital 2024-12-31 01973876 core:CurrentFinancialInstruments 2024-12-31 01973876 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01973876 bus:FRS102 2024-01-01 2024-12-31 01973876 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01973876 bus:FullAccounts 2024-01-01 2024-12-31 01973876 bus:RegisteredOffice 2024-01-01 2024-12-31 01973876 bus:Director1 2024-01-01 2024-12-31 01973876 bus:Director2 2024-01-01 2024-12-31 01973876 bus:Director3 2024-01-01 2024-12-31 01973876 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 01973876 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01973876 1 2024-01-01 2024-12-31 01973876 countries:EnglandWales 2024-01-01 2024-12-31 01973876 2023-01-01 2023-12-31 01973876 2023-12-31 01973876 core:ShareCapital 2023-12-31 01973876 core:CurrentFinancialInstruments 2023-12-31 01973876 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 01973876

Nick Cox Yacht Chandler Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2024

Nick Cox Yacht Chandler Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Nick Cox Yacht Chandler Limited

(Registration number: 01973876)
Balance Sheet as at 31 December 2024

| Note | 31 December 2024 £ | 31 December 2023 £
Current assets |  |  |
Debtors | 4 | 14,360 | 14,360
Creditors: Amounts falling due within one year | 5 | (4,260) | (4,260)
Net assets |  | 10,100 | 10,100
Capital and reserves |  |  |
Called up share capital |  | 10,100 | 10,100
Shareholders' funds |  | 10,100 | 10,100

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 16 September 2025 and signed on its behalf by:

R J Besse Director |  |

Nick Cox Yacht Chandler Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Nick Cox Yacht Chandler Ltd
Kings Saltern Road
Lymington
Hampshire
SO41 3QD
England

These financial statements were authorised for issue by the Board on 16 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

Debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Nick Cox Yacht Chandler Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4 | Debtors

Current | Note | 31 December 2024 £ | 31 December 2023 £
Amounts owed by related parties | 6 | 14,360 | 14,360
|  | 14,360 | 14,360

5 | Creditors

| Note | 31 December 2024 £ | 31 December 2023 £
Due within one year |  |  |
Amounts due to related parties | 6 | 4,260 | 4,260

6 | Related party transactions

The company has taken advantage of the exemption under FRS 102 Section 1A not to disclose
related party transactions with wholly owned members of the group.

Nick Cox Yacht Chandler Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7 | Parent and ultimate parent undertaking

The company's immediate parent is Seafront Marine Group Limited, incorporated in England and Wales.
These financial statements are available upon request from
Southbook House
Brook Street
Bishops Waltham
United Kingdom
SO32 1AX