r Bingham Safety Boats Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 09420612

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		-		1,005

		-		1,005
Creditors: Amounts Falling Due Within One Year	5	(4,757 )		(8,507 )

NET CURRENT ASSETS (LIABILITIES)			(4,757 )		(7,502 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,757 )		(7,502 )

NET LIABILITIES			(4,757 )		(7,502 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			(4,857 )		(7,602 )

SHAREHOLDERS' FUNDS			(4,757)		(7,502)

For the year ending 28 February 2026 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Melanie Dale

Director

19 May 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

r Bingham Safety Boats Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09420612 . The registered office is Tudor Lodge, Augustine Road, Minster on Sea, Sheerness, Kent, ME12 2LZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Leasehold	Over life of lease
Plant & Machinery	20% Per annum
Motor Vehicles	33% Per annum
Fixtures & Fittings	20% Per annum

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 March 2025	23,676	25,876	49,552

As at 28 February 2026	23,676	25,876	49,552

Depreciation
As at 1 March 2025	23,676	25,876	49,552

As at 28 February 2026	23,676	25,876	49,552

Net Book Value
As at 28 February 2026	-	-	-

As at 1 March 2025	-	-	-

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r Bingham Safety Boats Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	4,757	8,507

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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