REGISTERED NUMBER: 08146360 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Engineering and Marine Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C S Tindall

J A Ogle

REGISTERED OFFICE:

Middle Flat House

Yedingham

Malton

North Yorkshire

YO17 8SL

REGISTERED NUMBER:

08146360 (England and Wales)

ACCOUNTANTS:

Hardcastle France

Chartered Accountants

30 Yorkersgate

Malton

North Yorkshire

YO17 7AW

FIXED ASSETS

Tangible assets

4

95,929

114,110

CURRENT ASSETS

Stocks

17,995

13,970

Debtors

5

217,000

254,816

Cash at bank

62,682

14,458

297,677

283,244

CREDITORS

Amounts falling due within one year

6

127,583

156,620

NET CURRENT ASSETS

170,094

126,624

TOTAL ASSETS LESS CURRENT LIABILITIES

266,023

240,734

CREDITORS

Amounts falling due after more than one year

7

-

(3,667

)

PROVISIONS FOR LIABILITIES

(18,227

)

(21,681

)

NET ASSETS

247,796

215,386

CAPITAL AND RESERVES

Called up share capital

9

67

67

Capital redemption reserve

33

33

Retained earnings

247,696

215,286

SHAREHOLDERS' FUNDS

247,796

215,386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:

C S Tindall - Director

J A Ogle - Director

1.	STATUTORY INFORMATION

Engineering and Marine Services 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

275,549

Disposals

(15,189

)

At 31 March 2025

260,360

DEPRECIATION

At 1 April 2024

161,439

Charge for year

17,538

Eliminated on disposal

(14,546

)

At 31 March 2025

164,431

NET BOOK VALUE

At 31 March 2025

95,929

At 31 March 2024

114,110

Tangible fixed assets acquired under hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

173,147

248,233

Loan to J Tindall & Son

25,000

-

Prepayments and accrued income

18,853

6,583

217,000

254,816

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,667

11,996

Trade creditors

53,566

41,224

Taxation and social security

34,127

28,387

Other creditors

36,223

75,013

127,583

156,620

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

3,667

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

3,667

15,663

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

67

67

10.	RELATED PARTY DISCLOSURES

Amounts owing to directors at 31 March 2025 was £29,413 (2024: £59,221).

Dividends paid to directors £40,000 (2024: £20,000).

The controlling party is C S Tindall.