ACCOUNTS - Final Accounts preparation

Registered number: 12538278

DEBEN SHIPPING LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

DEBEN SHIPPING LTD

REGISTERED NUMBER: 12538278

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

	2026	2026	2025	2025
Note	£	£	£	£

Fixed assets
Tangible assets	4		8,278		5,902
			8,278		5,902
Current assets
Debtors: amounts falling due within one year	5	134,001		259,659
Cash at bank and in hand		280		195
		134,281		259,854
Current liabilities
Creditors: Amounts Falling Due Within One Year	6	(6,258)		(5,956)
Net current assets			128,023		253,898
Total assets less current liabilities			136,301		259,800

Net assets			136,301		259,800

Capital and reserves
Called up share capital	100	100
Profit and loss account	136,201	259,700
	136,301	259,800

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DEBEN SHIPPING LTD

REGISTERED NUMBER: 12538278

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2026.

T R B Owles

Director

The notes on pages 3 to 5 form part of these financial statements.

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DEBEN SHIPPING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Deben Shipping Ltd is a private company limited by shares and registered in England and Wales. The address of its registered office and principal place of business is Polstead Hall, Polstead, Colchester, Suffolk CO6 5BS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Furniture, fixtures and fittings	-	25%	per annum on the reducing balance
				Computer equipment	-	25%	per annum on the reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.5

Creditors

Short-term creditors are measured at the transaction price.

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DEBEN SHIPPING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

4.	Tangible fixed assets

	Furniture, fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 April 2025	6,369	12,112	18,481
Additions	4,183	953	5,136
At 31 March 2026	10,552	13,065	23,617
Depreciation
At 1 April 2025	2,926	9,653	12,579
Charge for the year on owned assets	1,907	853	2,760
At 31 March 2026	4,833	10,506	15,339
Net book value
At 31 March 2026	5,719	2,559	8,278
At 31 March 2025	3,443	2,459	5,902

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DEBEN SHIPPING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Other debtors	134,001	259,659
	134,001	259,659

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	5	-
Accruals	6,253	5,956
	6,258	5,956

7.	Transactions with directors

At the year end date the director owed the company £66,318 (2025 : £165,731).
No interest was charged.
During the year, the company paid the director a dividend of £15,300 (2025 : £30,600).

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