Registrar

Registration number: 03700976

Global Marine Transport Agency Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Global Marine Transport Agency Limited

Company Information

Directors

A Dodds E Dodds C M Dodds K A Dodds

Company secretary

E Dodds

Registered office

Great Beeleigh Farm London Road Maldon Essex CM9 6LY

Bankers

National Westminster Bank Plc 33 London Road Lexden Colchester Essex CO3 9BL

Accountants

Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Global Marine Transport Agency Limited

(Registration number: 03700976)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	2,362	2,723
Other financial assets	5	314,700	129,809
		317,062	132,532
Current assets
Other financial assets	5	504,150	653,493
Cash at bank and in hand		2,318	10,777
		506,468	664,270
Creditors: Amounts falling due within one year	6	(195,982)	(193,658)
Net current assets		310,486	470,612
Net assets		627,548	603,144
Capital and reserves
Called up share capital	7	100	100
Retained earnings		627,448	603,044
Shareholders' funds		627,548	603,144

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:
 

A Dodds
Director

Global Marine Transport Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: Great Beeleigh Farm, London Road, Maldon, Essex, CM9 6LY.

These financial statements were authorised for issue by the Board on 4 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of insurance services and provision of services in the ordinary course of the company’s activities on an accruals basis. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Global Marine Transport Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance
Fixtures & fittings	25% reducing balance

Investments

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. These are held in fixed assets and include cash deposits with a maturity date of over twelve months from the balance sheet date.

Other financial assets within current assets represent cash deposits with a maturity date between three and twelve months.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

Global Marine Transport Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 July 2025	27,181	27,181
Additions	375	375
At 30 June 2026	27,556	27,556
Depreciation
At 1 July 2025	24,458	24,458
Charge for the year	736	736
At 30 June 2026	25,194	25,194
Carrying amount
At 30 June 2026	2,362	2,362
At 30 June 2025	2,723	2,723

5	Other financial assets (current and non-current)

	Financial assets at amortised cost £	Total £
Non-current financial assets
Cost or valuation
At 1 July 2025	129,809	129,809
Additions	314,700	314,700
Transferred to current assets	(129,809)	(129,809)
At 30 June 2026	314,700	314,700
Impairment
Carrying amount
At 30 June 2026	314,700	314,700
At 30 June 2025	129,809	129,809

Global Marine Transport Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

	Financial assets at amortised cost £	Total £
Current financial assets
Cost or valuation
At 1 July 2025	653,493	653,493
Additions	374,341	374,341
Disposals	(653,493)	(653,493)
Transfer from non current assets	129,809	129,809
At 30 June 2026	504,150	504,150
Impairment
Carrying amount
At 30 June 2026	504,150	504,150
At 30 June 2025	653,493	653,493

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	306	294
Taxation and social security	21,949	13,849
Accruals and deferred income	172,639	179,515
Other creditors	1,088	-
	195,982	193,658

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100