REGISTERED NUMBER: 07857079 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Cardinal Point Marine Ltd.

Page

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Financial Statements

4

DIRECTOR:

Mr M R Powell

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

07857079 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

198

397

CURRENT ASSETS

Debtors

5

1,725

-

Cash at bank

1,012

42,811

2,737

42,811

CREDITORS

Amounts falling due within one year

6

2,339

12,086

NET CURRENT ASSETS

398

30,725

TOTAL ASSETS LESS CURRENT LIABILITIES

596

31,122

PROVISIONS FOR LIABILITIES

7

38

75

NET ASSETS

558

31,047

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

458

30,947

SHAREHOLDERS' FUNDS

558

31,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 25 August 2026 and were signed by:

Mr M R Powell - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 December 2023

100

16,395

16,495

Changes in equity

Profit for the year

-

34,953

34,953

Total comprehensive income

-

34,953

34,953

Dividends

-

(20,401

)

(20,401

)

Balance at 30 November 2024

100

30,947

31,047

Changes in equity

Deficit for the year

-

(8,489

)

(8,489

)

Total comprehensive income

-

(8,489

)

(8,489

)

Dividends

-

(22,000

)

(22,000

)

Balance at 30 November 2025

100

458

558

1.	STATUTORY INFORMATION

Cardinal Point Marine Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of consideration received or receivable, excluding discounts, rebates and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33.3% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

and 30 November 2025

1,432

DEPRECIATION

At 1 December 2024

1,035

Charge for year

199

At 30 November 2025

1,234

NET BOOK VALUE

At 30 November 2025

198

At 30 November 2024

397

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

1,725

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

-

8,540

Social security and other taxes

157

-

Directors' current accounts

1,102

2,466

Accrued expenses

1,080

1,080

2,339

12,086

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

38

75

Deferred

tax

£

Balance at 1 December 2024

75

Accelerated capital allowances

(37

)

Balance at 30 November 2025

38

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

51

Ordinary

£1

49

49

49

Ordinary 'A'

£1

51

51

100

100

The Ordinary shares carry full voting rights, entitlement to dividends and any distribution made on a winding up of the company.

The Ordinary 'A' shares only carry full voting rights.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £22,000 (2024 - £20,401) were paid to the director .

Mr M R Powell

Director

During the period under review Mr M R Powell incurred expenses on behalf of the company amounting to £780 (2024 - £780).

At the balance sheet date the balance owed to Mr M R Powell was £1,102 (2024 - £2,466).