Registration number: 09219550

West African Marine Support (UK) Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Abridged Profit and Loss Account	4
Statement of Comprehensive Income	5
Abridged Balance Sheet	6 to 7
Statement of Changes in Equity	8
Notes to the Unaudited Abridged Financial Statements	9 to 14

West African Marine Support (UK) Limited

Company Information

Director

Mr Olugbenga A. LAWAL

Registered office

M P Watson & Co - Accountants 1 Bath Hill Great Yarmouth Norfolk NR30 2LQ

Accountants

M P Watson & Co Accountants1 Bath Hilll Great Yarmouth Norfolk NR30 2LQ

West African Marine Support (UK) Limited

Director's Report for the Year Ended 30 September 2025

The director presents his report and the abridged financial statements for the year ended 30 September 2025.

Director of the company

The director who held office during the year was as follows:

Mr Olugbenga A. LAWAL

Principal activity

The principal activity of the company is Consulatency, administration and Management support to overseas Companies

Employment of disabled persons

Not Applicable.

Employee involvement

Not Applicable

Going concern

Director's liabilities

None.

Not Applicable

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 30 September 2025
 

......................................... Mr Olugbenga A. LAWAL Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
West African Marine Support (UK) Limited
for the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of West African Marine Support (UK) Limited for the year ended 30 September 2025 as set out on pages 4 to 14 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

As a practising firm we are subject to its ethical and other professional requirements. This report is made solely to the Board of Directors of West African Marine Support (UK) Limited, as a body, in accordance with the terms of our engagement letter1 September 2014. Our work has been undertaken solely to prepare for your approval the accounts of West African Marine Support (UK) Limited and state those matters that we have agreed to state to the Board of Directors of West African Marine Support (UK) Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than West African Marine Support (UK) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that West African Marine Support (UK) 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 of West African Marine Support (UK) Limited. You consider that West African Marine Support (UK) 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 West African Marine Support (UK) 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 statutory accounts.

......................................

M P Watson & Co
Accountants
1 Bath Hilll
Great Yarmouth
Norfolk
NR30 2LQ

30 September 2025

West African Marine Support (UK) Limited

Abridged Profit and Loss Account for the Year Ended 30 September 2025

	Note	2025 £	2024 £
Gross profit		233,300	193,743
Distribution costs		(13,186)	(8,504)
Administrative expenses		(165,678)	(175,364)
Profit before tax	4	54,436	9,875
Tax on profit		(9,350)	-
Profit for the financial year		45,086	9,875

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

West African Marine Support (UK) Limited

Statement of Comprehensive Income for the Year Ended 30 September 2025

	2025 £	2024 £
Profit for the year	45,086	9,875
Total comprehensive income for the year	45,086	9,875

West African Marine Support (UK) Limited

(Registration number: 09219550)
Abridged Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	27,440	5,217
Current assets
Debtors		18,311	18,310
Cash at bank and in hand		8,714	1,501
		27,025	19,811
Creditors: Amounts falling due within one year		(32,146)	(16,713)
Net current (liabilities)/assets		(5,121)	3,098
Total assets less current liabilities		22,319	8,315
Accruals and deferred income		(166)	(248)
Net assets		22,153	8,067
Capital and reserves
Called up share capital	6	1	7,501
Retained earnings		22,152	566
Shareholders' funds		22,153	8,067

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 30 September 2025
 

West African Marine Support (UK) Limited

(Registration number: 09219550)
Abridged Balance Sheet as at 30 September 2025

......................................... Mr Olugbenga A. LAWAL Director

West African Marine Support (UK) Limited

Statement of Changes in Equity for the Year Ended 30 September 2025

At 30 September 2025

At 30 September 2024

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
M P Watson & Co - Accountants
1 Bath Hill
Great Yarmouth
Norfolk
NR30 2LQ
United Kingdom

These financial statements were authorised for issue by the director on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Pounds Sterling

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

Departure from requirements of FRS 102

FRS102 used

Judgements

None.

Key sources of estimation uncertainty

Not Applicable..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Contract revenue recognition

N/a.

Foreign currency transactions and balances

N/a.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

None.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% WDV

Business combinations

None.

Goodwill

This will be assessed next financial year.

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

N/a.

Stocks

None.

Trade creditors

N/a.

Leases

None.

Share capital

N/a.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

N/a.

Financial instruments

Classification
N/a.
 Recognition and measurement
N/a.
 Impairment
N/a.
Financial guarantee contracts
None.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	5,986	1,304

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2024	8,767	-	8,767
Additions	209	28,000	28,209
At 30 September 2025	8,976	28,000	36,976
Depreciation
At 1 October 2024	3,550	-	3,550
Charge for the year	1,085	4,901	5,986
At 30 September 2025	4,635	4,901	9,536
Carrying amount
At 30 September 2025	4,341	23,099	27,440
At 30 September 2024	5,217	-	5,217

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Share of £1 each	1	1	1	1

7

Reserves

N/a.

N/a

8

Dividends

Final dividends paid

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

		2025 £		2024 £
Final dividend of £1.00 per each Ordinary Share		31,000		7,500

9	Related party transactions

West African Marine Support (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	7,200	7,200

None.

West African Marine Support (UK) Limited

Detailed Profit and Loss Account for the Year Ended 30 September 2025

	2025 £	2024 £
Turnover (analysed below)	235,490	197,632
Cost of sales (analysed below)	(2,190)	(3,889)
Gross profit	233,300	193,743
Gross profit (%)	99.07%	98.03%
Distribution costs (analysed below)	(13,186)	(8,504)
Administrative expenses
Employment costs (analysed below)	(47,840)	(40,748)
Establishment costs (analysed below)	(15,000)	(15,000)
General administrative expenses (analysed below)	(99,780)	(116,727)
Finance charges (analysed below)	(3,058)	(2,889)
	(165,678)	(175,364)
Operating profit	54,436	9,875
Profit before tax	54,436	9,875

West African Marine Support (UK) Limited

Detailed Profit and Loss Account for the Year Ended 30 September 2025

2025 £

2024 £

Turnover
Sale of goods, UK	235,490	197,632

Cost of sales
Rent	(518)	(2,411)
Insurance	(1,672)	(1,478)
	(2,190)	(3,889)

Distribution costs
Directors remuneration	(7,200)	(7,200)
Depreciation of motor vehicles	(4,901)	-
Depreciation of office equipment	(1,085)	(1,304)
	(13,186)	(8,504)

Employment costs
Wages and salaries (excluding directors)	(45,477)	(37,542)
Staff pensions (Defined contribution)	(2,363)	(2,166)
Staff welfare	-	(1,040)
	(47,840)	(40,748)

Establishment costs
Use of home as office	(15,000)	(15,000)

General administrative expenses
Telephone and fax	(1,146)	(796)
Computer software and maintenance costs	(2,854)	(2,523)
Printing, postage and stationery	-	(954)
Motor expenses	-	(133)
Travel and subsistence	(93,497)	(109,671)
Advertising	(365)	(1,000)
Accountancy fees	(1,918)	(1,650)
	(99,780)	(116,727)

Finance charges
Bank charges	(893)	(637)
Credit card charges	(2,165)	(2,252)
	(3,058)	(2,889)