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Company Registration No. 14245576 (England and Wales)
Beatson Marine Ltd Unaudited accounts for the year ended 31 July 2025
Beatson Marine Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Beatson Marine Ltd Company Information for the year ended 31 July 2025
Director
T Clark
Company Number
14245576 (England and Wales)
Registered Office
School Master's House 39 College Street Petersfield GU31 4AG
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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Beatson Marine Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
23,928
495
Current assets
Debtors
5
-
10,124
Cash at bank and in hand
38,100
77,071
38,100
87,195
Creditors: amounts falling due within one year
6
(60,215)
(87,689)
Net current liabilities
(22,115)
(494)
Net assets
1,813
1
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,812
-
Shareholders' funds
1,813
1
For the year ending 31 July 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 11 January 2026 and were signed on its behalf by
T Clark Director Company Registration No. 14245576
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Beatson Marine Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Beatson Marine Ltd is a private company, limited by shares, registered in England and Wales, registration number 14245576. The registered office is School Master's House, 39 College Street, Petersfield, GU31 4AG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
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Beatson Marine Ltd Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
659
-
659
Additions
30,035
1,375
31,410
At 31 July 2025
30,694
1,375
32,069
Depreciation
At 1 August 2024
164
-
164
Charge for the year
7,633
344
7,977
At 31 July 2025
7,797
344
8,141
Net book value
At 31 July 2025
22,897
1,031
23,928
At 31 July 2024
495
-
495
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
10,124
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
3,151
374
Taxes and social security
57,064
87,315
60,215
87,689
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
T Clark
Director's Loan
10,124
21,828
10,124
21,828
10,124
21,828
10,124
21,828
This balance arose from net advances made to the director during the year and remains outstanding at the balance sheet date. The loan is unsecured, interest-free and repayable on demand. As the balance was outstanding at the year end, the company may be liable to a section 455 corporation tax charge under CTA 2010 if the loan is not repaid within nine months and one day of the accounting period end.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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