David Bruce & Co. (Shipping) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01713656 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DAVID BRUCE & CO. (SHIPPING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J De Rosa

SECRETARY:

A J De Rosa

REGISTERED OFFICE:

4 Pondfield Road

Kenley

Surrey

CR8 5JX

REGISTERED NUMBER:

01713656 (England and Wales)

ACCOUNTANTS:

Platt Rushton LLP

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

BANKERS:

Clydesdale Bank Plc

91 Gresham Street

London

EC2V 7BL

FIXED ASSETS

Tangible assets

4

500

587

Investments

5

-

5,000

500

5,587

CURRENT ASSETS

Debtors

6

20,613

26,095

Cash at bank

3,587

8,071

24,200

34,166

CREDITORS

Amounts falling due within one year

7

12,464

29,808

NET CURRENT ASSETS

11,736

4,358

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,236

9,945

CAPITAL AND RESERVES

Called up share capital

8,600

Capital redemption reserve

1,400

Retained earnings

2,236

(55

)

SHAREHOLDERS' FUNDS

12,236

9,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

A J De Rosa - Director

1.	STATUTORY INFORMATION

David Bruce & Co. (Shipping) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

33% on cost and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

13,469

DEPRECIATION

At 1 January 2024

12,882

Charge for year

87

At 31 December 2024

12,969

NET BOOK VALUE

At 31 December 2024

500

At 31 December 2023

587

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

5,000

Disposals

(5,000

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Other debtors

20,613

26,095

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed to group undertakings

-

10,000

Taxation and social security

552

318

Other creditors

11,912

19,490

12,464

29,808

8.	RELATED PARTY DISCLOSURES

Included within other creditors is a loan from the director totalling £10,111 (2023: £17,441). These loans are interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is A J De Rosa.

The ultimate controlling party is the executors of the estate of Mr DG De Rosa.