Company Registration No. 05625433 (England and Wales)
WARWICK BOATS LIMITED
Unaudited accounts
for the year ended 31 March 2025
WARWICK BOATS LIMITED
Unaudited accounts
Contents
WARWICK BOATS LIMITED
Company Information
for the year ended 31 March 2025
Company Number
05625433 (England and Wales)
Registered Office
LEAM BOAT CENTRE
MILL RD
LEAMINGTON SPA
WARWICKSHIRE
CV31 1BE
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
WARWICK BOATS LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
2,000
2,000
Tangible assets
28,745
38,328
Cash at bank and in hand
433,960
388,840
Creditors: amounts falling due within one year
(40,229)
(26,249)
Net current assets
394,456
362,591
Net assets
425,201
402,919
Called up share capital
3
3
Profit and loss account
425,198
402,916
Shareholders' funds
425,201
402,919
For the year ending 31 March 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 July 2025 and were signed on its behalf by
Matthew Bishop
Director
Company Registration No. 05625433
WARWICK BOATS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
WARWICK BOATS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05625433. The registered office is LEAM BOAT CENTRE, MILL RD, LEAMINGTON SPA, WARWICKSHIRE, CV31 1BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
WARWICK BOATS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
108,090
1,902
109,992
At 31 March 2025
108,090
1,902
109,992
At 1 April 2024
69,769
1,895
71,664
Charge for the year
9,581
2
9,583
At 31 March 2025
79,350
1,897
81,247
At 31 March 2025
28,740
5
28,745
At 31 March 2024
38,321
7
38,328
Amounts falling due within one year
Amounts due from group undertakings etc.
725
-
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
18,680
22,336
Proposed dividends
20,000
-
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 22 (2024: 18).