Kwn Marine Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC272800

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		170,148		179,598

			170,148		179,598
CURRENT ASSETS
Debtors	5	38,639		35,510
Cash at bank and in hand		362		6,054

		39,001		41,564
Creditors: Amounts Falling Due Within One Year	6	(138,704 )		(131,168 )

NET CURRENT ASSETS (LIABILITIES)			(99,703 )		(89,604 )

TOTAL ASSETS LESS CURRENT LIABILITIES			70,445		89,994

NET ASSETS			70,445		89,994

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			70,443		89,992

SHAREHOLDERS' FUNDS			70,445		89,994

Page 1

Page 2

Kwn Marine Limited

Balance Sheet (continued)

As At 31 March 2026

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Keith Nelson

Director

28/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kwn Marine Limited is a private company, limited by shares, incorporated in Scotland, registered number SC272800 . The registered office is 3 The Views, Gallaton, Stonehaven, AB39 2TE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	4% straight line
Plant & Machinery	25% straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2025	236,250	7,611	243,861

As at 31 March 2026	236,250	7,611	243,861

Depreciation
As at 1 April 2025	56,652	7,611	64,263
Provided during the period	9,450	-	9,450

As at 31 March 2026	66,102	7,611	73,713

Net Book Value
As at 31 March 2026	170,148	-	170,148

As at 1 April 2025	179,598	-	179,598

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	38,639	35,510

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Kwn Marine Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	3,187	222
Other creditors	135,517	130,946

	138,704	131,168

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2