Maclaurin Maritime Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08266544

MACLAURIN MARITIME LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T J Maclaurin

S M M Suttie

REGISTERED OFFICE:

12 Fratton Road

Portsmouth

Hampshire

PO1 5BX

REGISTERED NUMBER:

08266544

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Property, plant and equipment

4

16,701

21,067

CURRENT ASSETS

Debtors

5

35,738

48,431

Cash at bank

29,929

6,000

65,667

54,431

CREDITORS

Amounts falling due within one year

6

68,187

60,448

NET CURRENT LIABILITIES

(2,520

)

(6,017

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,181

15,050

CREDITORS

Amounts falling due after more than one
year

7

(10,000

)

(15,000

)

PROVISIONS FOR LIABILITIES

9

(4,175

)

-

NET ASSETS

6

50

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

4

48

SHAREHOLDERS' FUNDS

6

50

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

T J Maclaurin - Director

1.	STATUTORY INFORMATION

Maclaurin Maritime Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 November 2024

27,744

5,910

33,654

Additions

-

1,534

At 31 October 2025

27,744

7,444

35,188

DEPRECIATION

At 1 November 2024

8,143

4,444

12,587

Charge for year

4,900

1,000

5,900

At 31 October 2025

13,043

5,444

18,487

NET BOOK VALUE

At 31 October 2025

14,701

2,000

16,701

At 31 October 2024

19,601

1,466

21,067

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

2,399

416

Other debtors

-

404

Directors' current accounts

33,339

47,611

35,738

48,431

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 8)

5,000

Corporation tax

54,257

50,883

Social security and other taxes

2,271

-

Other creditors

4,739

2,643

Accrued expenses

1,920

1,922

68,187

60,448

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 8)

10,000

15,000

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

5,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

5,000

10,000

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

4,175

-

Deferred

tax

£

Provided during year

4,175

Balance at 31 October 2025

4,175

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary

£1

2

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

T J Maclaurin and S M M Suttie

Balance outstanding at start of year

47,611

-

Amounts advanced

33,339

47,611

Amounts repaid

(47,611

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

33,339

47,611

12.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of Mr T MacLaurin and Miss S Suttie by virtue of them each owning 50% of the issued share capital in the company.