Stour Marine Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05914603

Stour Marine Limited

Filleted Unaudited Financial Statements

31 March 2026

Stour Marine Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	6	8,146	5,862

Current assets

Debtors	7	1,951,299	1,748,882
Investments	8	20,820	–
Cash at bank and in hand		2,881,261	1,951,060
		------------	------------
		4,853,380	3,699,942

Creditors: amounts falling due within one year	9	2,024,459	1,283,019
		------------	------------
Net current assets		2,828,921	2,416,923
		------------	------------
Total assets less current liabilities		2,837,067	2,422,785

Creditors: amounts falling due after more than one year	10	–	1,588
		------------	------------
Net assets		2,837,067	2,421,197
		------------	------------

Capital and reserves

Called up share capital	250	250
Profit and loss account	2,836,817	2,420,947
	------------	------------
Shareholders funds	2,837,067	2,421,197
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Stour Marine Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 24 August 2026 , and are signed on behalf of the board by:

Mr L G Bartle
Director

Company registration number: 05914603

Stour Marine Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Good Easter House, Good Easter, Chelmsford, CM14RS, Essex.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts 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 equity, except to the extent 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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

Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line

Defined contribution plans

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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 2 ).

5. Tax on profit

Major components of tax expense

	2026	2025
	£	£

Current tax:

UK current tax expense	441,523	316,636
Adjustments in respect of prior periods	( 39,018)	( 27,333)
	---------	---------
Total current tax	402,505	289,303
	---------	---------
	---------	---------
Tax on profit	402,505	289,303
	---------	---------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2025	308,402	30,088	338,490
Additions	–	4,113	4,113
	---------	--------	---------
At 31 March 2026	308,402	34,201	342,603
	---------	--------	---------
Depreciation
At 1 April 2025	308,402	24,226	332,628
Charge for the year	–	1,829	1,829
	---------	--------	---------
At 31 March 2026	308,402	26,055	334,457
	---------	--------	---------
Carrying amount
At 31 March 2026	–	8,146	8,146
	---------	--------	---------
At 31 March 2025	–	5,862	5,862
	---------	--------	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	1,712,293	1,678,247
Other debtors	239,006	70,635
	------------	------------
	1,951,299	1,748,882
	------------	------------

8. Investments

	2026	2025
	£	£
Other investments- Stour BV	10,410	–
Other investments - Stourt Gmbh	10,410	–
	--------	----
	20,820	–
	--------	----

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,776	10,648
Trade creditors	1,349,908	820,992
Corporation tax	441,523	318,466
Social security and other taxes	80,307	7,252
Director loan accounts	22,945	32,180
Other creditors	125,400	85,800
Accruals	2,600	2,400
Other creditors	–	5,281
	------------	------------
	2,024,459	1,283,019
	------------	------------

10. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	1,588
	----	-------