Cornwall Boat Parts Limited

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

Registered number: 02980892

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31		31

			31		31
CURRENT ASSETS
Stocks	5	19,000		19,000
Cash at bank and in hand		356		356

		19,356		19,356
Creditors: Amounts Falling Due Within One Year	6	(2,303 )		(2,303 )

NET CURRENT ASSETS (LIABILITIES)			17,053		17,053

TOTAL ASSETS LESS CURRENT LIABILITIES			17,084		17,084

NET ASSETS			17,084		17,084

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			17,082		17,082

SHAREHOLDERS' FUNDS			17,084		17,084

Page 1

Page 2

Cornwall Boat Parts Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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.

On behalf of the board

Mr Alan Martin

Director

31 July 2026

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

1. General Information

Cornwall Boat Parts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02980892 . The registered office is 25 Lemon Street, Truro, Cornwall, TR1 2LS.

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. 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:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 November 2024	9,646	8,410	18,056

As at 31 October 2025	9,646	8,410	18,056

Depreciation
As at 1 November 2024	9,616	8,409	18,025

As at 31 October 2025	9,616	8,409	18,025

Net Book Value
As at 31 October 2025	30	1	31

As at 1 November 2024	30	1	31

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Cornwall Boat Parts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Stocks

	2025	2024
	£	£
Stock	19,000	19,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	2,303	2,303

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2