Droitwich Spa Marina Limited

	Page
Accountants' Report	1
Abridged Balance Sheet	2—3
Notes to the Abridged Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Droitwich Spa Marina Limited for the year ended 31 January 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Droitwich Spa Marina Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Droitwich Spa Marina Limited , as a body, in accordance with the terms of our engagement letter dated 18 June 2017. Our work has been undertaken solely to prepare for your approval the accounts of Droitwich Spa Marina Limited and state those matters that we have agreed to state to the directors of Droitwich Spa Marina Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Droitwich Spa Marina Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Droitwich Spa Marina 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 profit or loss of Droitwich Spa Marina Limited . You consider that Droitwich Spa Marina 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 Droitwich Spa Marina 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 financial statements.

Kate Price FCCA CTA

15/10/2025

Kate Price & Co

Chartered Certified Accountants and Chartered Tax Advisers

1 Price's Lane

Upton Upon Severn

Worcestershire

WR8 0LY

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Droitwich Spa Marina Limited

Abridged Balance Sheet

As At 31 January 2025

Abridged Balance Sheet

Registered number: 07506956

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		228,592		228,592
Tangible Assets	5		2,199,358		2,197,700

			2,427,950		2,426,292
CURRENT ASSETS
Stocks		39,299		32,670
Debtors		208,210		171,525
Cash at bank and in hand		86,187		85,202

		333,696		289,397
Creditors: Amounts Falling Due Within One Year		(946,170 )		(882,183 )

NET CURRENT ASSETS (LIABILITIES)			(612,474 )		(592,786 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,815,476		1,833,506

Creditors: Amounts Falling Due After More Than One Year			(136,225 )		(329,318 )

NET ASSETS			1,679,251		1,504,188

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			1,679,151		1,504,088

SHAREHOLDERS' FUNDS			1,679,251		1,504,188

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Droitwich Spa Marina Limited

Abridged Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr John Weston

Director

15/10/2025

The notes on pages 4 to 6 form part of these financial statements.

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Droitwich Spa Marina Limited

Notes to the Abridged Financial Statements

For The Year Ended 31 January 2025

Notes to the Abridged Financial Statements

1. General Information

Droitwich Spa Marina Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07506956 . The registered office is Westfield Farm, Hanbury Road, Droitwich, Worcestershire, WR9 7DU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0% straight line
Leasehold	0% straight line
Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Droitwich Spa Marina Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Intangible Assets

	Total
	£
Cost
As at 1 February 2024	228,592

As at 31 January 2025	228,592

Net Book Value
As at 31 January 2025	228,592

As at 1 February 2024	228,592

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Droitwich Spa Marina Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2025

5. Tangible Assets

	Total
	£
Cost
As at 1 February 2024	2,293,529
Additions	6,119

As at 31 January 2025	2,299,648

Depreciation
As at 1 February 2024	95,829
Provided during the period	4,461

As at 31 January 2025	100,290

Net Book Value
As at 31 January 2025	2,199,358

As at 1 February 2024	2,197,700

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

7. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr John Weston	99,607	124,986	99,607	-	124,986
Mrs Patricia Weston	25,530	45,334	25,530	-	45,334

The above loan is unsecured, and repayable on demand. Interest has been charged at the official rate of interest.

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