Marine South East Limited

Notes

1. General Information

Marine South East Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05511848 . The registered office is Butterfurlong Barn, West Grimstead, Salisbury, SP5 3RR.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

3. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

4. Taxation

The Company qualifies as a Scientific Research Association within the meaning of Section 491 of the Corporation Tax Act 2010 and has self-assessed its eligibility to tax exemptions under the relevant regulations. The Association is exempt from corporation tax on its income and capital gains, provided that all its income is applied for the purposes of scientific research & development and its constitution forbids the transfer of assets to members other than as reasonable compensation for goods or services rendered.

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Marine South East Limited

Balance Sheet (continued)

As At 31 March 2025

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 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr André Cocuccio Director	Mr Simon Powell Director	Dr Jonathan Williams Director
04/11/2025

	2025	2024
	£	£

Current assets	281,856	382,765
Prepayments and accrued income	70,000	-
Creditors: Amounts Falling Due Within One Year	(72,176 )	(107,057 )

NET CURRENT ASSETS	279,680	275,708

TOTAL ASSETS LESS CURRENT LIABILITIES	279,680	275,708

Accruals and deferred income	(1,200 )	-

NET ASSETS	278,480	275,708

RESERVES	278,480	275,708