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Company Registration No. 11087847 (England and Wales)
Yacht Drop Limited Unaudited accounts for the year ended 30 November 2025
Yacht Drop Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Yacht Drop Limited Company Information for the year ended 30 November 2025
Director
C P C Townrow
Company Number
11087847 (England and Wales)
Registered Office
The Boathouse Greenbank Road Devoran Truro Cornwall TR3 6PJ England
- 3 -
Yacht Drop Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
108,637
53,461
Cash at bank and in hand
-
55,256
108,637
108,717
Creditors: amounts falling due within one year
6
(70,747)
(109,613)
Net current assets/(liabilities)
37,890
(896)
Total assets less current liabilities
37,890
(896)
Creditors: amounts falling due after more than one year
7
-
(83,321)
Net assets/(liabilities)
37,890
(84,217)
Capital and reserves
Called up share capital
1,214
127
Share premium
512,562
390,328
Profit and loss account
(475,886)
(474,672)
Shareholders' funds
37,890
(84,217)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 August 2026 and were signed on its behalf by
C P C Townrow Director Company Registration No. 11087847
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Yacht Drop Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Yacht Drop Limited is a private company, limited by shares, registered in England and Wales, registration number 11087847. The registered office is The Boathouse, Greenbank Road, Devoran, Truro, Cornwall, TR3 6PJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 November 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Intangible fixed assets
Other
£
Cost
At 1 December 2024
8,924
At 30 November 2025
8,924
Amortisation
At 1 December 2024
8,924
At 30 November 2025
8,924
Net book value
At 30 November 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5,119
2,212
Amounts due from group undertakings etc.
98,875
46,606
Other debtors
4,643
4,643
108,637
53,461
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Yacht Drop Limited Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
261
-
Trade creditors
30,000
-
Other creditors
-
107,613
Loans from directors
38,486
-
Accruals
2,000
2,000
70,747
109,613
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
83,321
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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