GWJ_Marine_Solutions_Ltd_30_Nov_2025_companies_house_set_of

GWJ Marine Solutions Ltd

Report to the board of directors on the preparation of the unaudited statutory financial statements of GWJ Marine Solutions Ltd

Year ended

30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements

GWJ Marine Solutions Ltd

for the year ended

30 November 2025

which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

This report is made solely to the Board of Directors of

GWJ Marine Solutions Ltd

, as a body. Our work has been undertaken solely to prepare for your approval the

financial statements

GWJ Marine Solutions Ltd

and state those matters that we have agreed to state to the Board of Directors of

GWJ Marine Solutions Ltd

, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than

GWJ Marine Solutions Ltd

and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that

GWJ Marine Solutions Ltd

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and profit of

GWJ Marine Solutions Ltd

. You consider that

GWJ Marine Solutions Ltd

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of GWJ Marine Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A G Smith & Co Ltd

Chartered Certified Accountants

Unit 8 Laceby Business Park

Grimsby Road

Laceby

North East Lincolnshire

DN37 7DP

United Kingdom

Date:

4 August 2026

GWJ Marine Solutions Ltd

Statement of Financial Position

30 November 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	79,737		76,259
Current assets
Debtors	6	145,792		77,408
Cash at bank and in hand		533,725		510,136
		679,517		587,544
Creditors: amounts falling due within one year	7	(165,876	)	(170,379	)
Net current assets		513,641		417,165
Total assets less current liabilities		593,378		493,424
Provisions for liabilities		(19,935	)	(19,065	)
Net assets		573,443		474,359
Capital and reserves
Called up share capital		100		100
Profit and loss account		573,343		474,259
Shareholders funds		573,443		474,359

For the year ending

30 November 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

4 August 2026

, and are signed on behalf of the board by:

G Jennings

Director

Company registration number:

09331496

GWJ Marine Solutions Ltd

Notes to the Financial Statements

Year ended

30 November 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Unit 1a North Moss Lane Industrial Estate

Beels Road

Stallingborough

North East Lincolnshire

DN41 8DN

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered and goods supplied , net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance
Fixtures and fittings	25% straight line
Office equipment	25% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

6.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 December 2024	121,182
Additions	26,335
At 30 November 2025	147,517
Depreciation
At 1 December 2024	44,923
Charge	22,857
At 30 November 2025	67,780
Carrying amount
At 30 November 2025	79,737
At 30 November 2024	76,259

6 Debtors

	2025	2024
	£	£
Trade debtors	145,792	68,997
Other debtors	-	8,411
	145,792	77,408

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	41,859	37,815
Taxation and social security	107,092	119,917
Other creditors	16,925	12,647
	165,876	170,379