MSDS Marine Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 09782276

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		159,354		120,113

			159,354		120,113
CURRENT ASSETS
Stocks		175,299		200,528
Debtors		155,970		118,402

		331,269		318,930
Creditors: Amounts Falling Due Within One Year		(334,921 )		(241,881 )

NET CURRENT ASSETS (LIABILITIES)			(3,652 )		77,049

TOTAL ASSETS LESS CURRENT LIABILITIES			155,702		197,162

Creditors: Amounts Falling Due After More Than One Year			(131,244 )		(190,186 )

NET ASSETS			24,458		6,976

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			24,358		6,876

SHAREHOLDERS' FUNDS			24,458		6,976

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MSDS Marine Limited

Abridged Balance Sheet (continued)

As At 30 September 2025

For the 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.

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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 September 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Mark James

Director

15th June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

MSDS Marine Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09782276 . The registered office is The Dairy, Boothswood Farm, Moorside Lane, Holbrook, DE56 0TU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	33% on straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 15)

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MSDS Marine Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 October 2024	384,275
Additions	101,691
Disposals	(14,250 )

As at 30 September 2025	471,716

Depreciation
As at 1 October 2024	264,162
Provided during the period	56,439
Disposals	(8,239 )

As at 30 September 2025	312,362

Net Book Value
As at 30 September 2025	159,354

As at 1 October 2024	120,113

5. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	6,432	8,210
Later than one year and not later than five years	5,896	12,329

	12,328	20,539
Less: Finance charges allocated to future periods	1,121	1,941

	11,207	18,598

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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