Cambridge Marina Limited - Filleted accounts

Registered number

10434135

Cambridge Marina Limited

Unaudited Filleted Accounts

For the Year Ended

31 March 2025

Cambridge Marina Limited
Registered number:		10434135
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		108,000			162,000
Tangible assets	4		1,518,193			1,558,617
			1,626,193			1,720,617

Current assets
Debtors	5	37,386			5,615
Cash at bank and in hand		94,228			15,132
		131,614			20,747

Creditors: amounts falling due within one year	6	(146,174)			(107,001)

Net current liabilities			(14,560)			(86,254)

Total assets less current liabilities			1,611,633			1,634,363

Creditors: amounts falling due after more than one year	7		(2,396,169)			(2,263,878)

Net liabilities			(784,536)			(629,515)

Capital and reserves
Called up share capital			300			300
Profit and loss account			(784,836)			(629,815)

Shareholders' funds			(784,536)			(629,515)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mr. R. Karania
Director
Approved by the board on 18 December 2025

Cambridge Marina Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Accounting convention

	These accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
	The accounts are prepared in sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £.
	The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Goodwill			over 10 years
	Fixtures, fittings and equipment			10% reducing balance

	The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.


	Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			10		7


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					540,000
	At 31 March 2025					540,000

	Amortisation
	At 1 April 2024					378,000
	Provided during the year					54,000
	At 31 March 2025					432,000

	Net book value
	At 31 March 2025					108,000
	At 31 March 2024					162,000



4	Tangible fixed assets
		Land and buildings		Fixtures, fittings and equipment		Total
£			£		£
	Cost
	At 1 April 2024	1,154,374		663,431		1,817,805
	At 31 March 2025	1,154,374		663,431		1,817,805

	Depreciation
	At 1 April 2024	-		259,188		259,188
	Charge for the year	-		40,424		40,424
	At 31 March 2025	-		299,612		299,612

	Net book value
	At 31 March 2025	1,154,374		363,819		1,518,193
	At 31 March 2024	1,154,374		404,243		1,558,617


5	Debtors			2025		2024
£					£

	Other debtors			37,386		5,615


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Other creditors			146,174		107,001


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		645,339
	Other creditors			2,396,169		1,618,539
				2,396,169		2,263,878