REGISTERED NUMBER: 07817315 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

THE MARINE & CARGO CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Marshall

REGISTERED OFFICE:

Thornhill Farm

Pilch Lane

Singleborough

Buckinghamshire

MK17 0NX

REGISTERED NUMBER:

07817315 (England and Wales)

ACCOUNTANTS:

Digital Tax Matters Limited

27 St Cuthberts Street

Bedford

MK40 3JG

FIXED ASSETS

Tangible assets

4

560,002

513,156

CURRENT ASSETS

Debtors

5

347,139

339,656

Cash at bank

101,806

139,437

448,945

479,093

CREDITORS

Amounts falling due within one year

6

353,822

322,167

NET CURRENT ASSETS

95,123

156,926

TOTAL ASSETS LESS CURRENT LIABILITIES

655,125

670,082

CREDITORS

Amounts falling due after more than one year

7

(228,462

)

(279,369

)

PROVISIONS FOR LIABILITIES

(67,200

)

(35,895

)

NET ASSETS

359,463

354,818

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

359,363

354,718

SHAREHOLDERS' FUNDS

359,463

354,818

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 3 December 2025 and were signed by:

A J Marshall - Director

1.	STATUTORY INFORMATION

The Marine & Cargo Consulting Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 20 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 November 2024

1,168,514

11,830

6,057

1,186,401

Additions

199,486

-

901

200,387

At 31 October 2025

1,368,000

11,830

6,958

1,386,788

DEPRECIATION

At 1 November 2024

658,666

10,402

4,177

673,245

Charge for year

152,703

357

481

153,541

At 31 October 2025

811,369

10,759

4,658

826,786

NET BOOK VALUE

At 31 October 2025

556,631

1,071

2,300

560,002

At 31 October 2024

509,848

1,428

1,880

513,156

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 November 2024

605,939

Additions

171,325

Transfer to ownership

(46,789

)

At 31 October 2025

730,475

DEPRECIATION

At 1 November 2024

234,880

Charge for year

110,195

Transfer to ownership

(27,946

)

At 31 October 2025

317,129

NET BOOK VALUE

At 31 October 2025

413,346

At 31 October 2024

371,059

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

347,139

339,656

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

31,250

62,500

Hire purchase contracts

157,517

129,383

Trade creditors

77,095

33,532

Tax

2,113

-

Social security and other taxes

16,510

4,461

VAT

64,998

75,720

Other creditors

4,119

15,743

Pension contributions

220

828

353,822

322,167

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

31,250

Hire purchase contracts

228,462

248,119

228,462

279,369

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

A J Marshall

Balance outstanding at start of year

-

(638

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-