REGISTERED NUMBER: 16407229 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 24 APRIL 2025 TO 31 MARCH 2026

FOR

JCC MARINE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,372,315

CURRENT ASSETS

Debtors

5

51,402

Cash at bank

10,000

61,402

CREDITORS

Amounts falling due within one year

6

1,043,998

NET CURRENT LIABILITIES

(982,596

)

TOTAL ASSETS LESS CURRENT LIABILITIES

389,719

CREDITORS

Amounts falling due after more than one year

7

473,096

NET LIABILITIES

(83,377

)

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

(83,378

)

SHAREHOLDERS' FUNDS

(83,377

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 17 August 2026 and were signed on its behalf by:

G Smith - Director

1.	STATUTORY INFORMATION

JCC Marine Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

16407229

Registered office:

Winder House

Newark Road

Laughterton

Lincoln

Lincolnshire

LN1 2JU

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

at varying rates on cost

Taxation

Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Going concern

The financial statements have been prepared on a going concern basis. The company commenced commercial charter operations after the reporting date.

The directors have considered forecasts covering at least twelve months from the date of approval of the financial statements and have received confirmation of continuing financial support from JCC Group Holdings Limited. The directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,372,315

At 31 March 2026

1,372,315

NET BOOK VALUE

At 31 March 2026

1,372,315

Motor yachts and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditure directly attributable to bringing an asset to the location and condition necessary for it to operate in the manner intended by management.

Depreciation is charged from the date an asset is available for use so as to allocate its depreciable amount, being cost less estimated residual value, over its estimated useful economic life on a straight-line basis.

The principal annual rates are:

Motor yachts - [5%] straight line, after deducting estimated residual value

Equipment - [10%-25%] straight line

No depreciation was charged on the motor yachts during the period because they were not available for their intended commercial charter use at the reporting date.

Expenditure directly attributable to acquiring and preparing a yacht for its intended commercial use is included in the cost of the yacht. General operating, administrative, maintenance and other expenditure that does not meet the criteria for capitalisation is recognised in profit or loss as incurred.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

1,016,548

At 31 March 2026

1,016,548

NET BOOK VALUE

At 31 March 2026

1,016,548

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

51,402

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

44,435

Trade creditors

(4,577

)

Amounts owed to group undertakings

1,004,140

1,043,998

Amounts owed to group undertakings was £1,004,140. The amount owed to group undertakings are unsecured, interest-free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

473,096

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary Shares

1

1

1 Ordinary Shares share of 1 was allotted and fully paid for cash at par during the period.

9.	RELATED PARTY DISCLOSURES

Amounts owed to group undertakings was £1,004,140. The amount owed to group undertakings are unsecured, interest-free and repayable on demand.

10.	POST BALANCE SHEET EVENTS

After the reporting date, preparation of the company’s motor yachts was completed and commercial charter operations commenced. This was a non-adjusting event and no amounts recognised at 31 March 2026 have been adjusted as a result.

11.	ULTIMATE CONTROLLING PARTY

The company’s immediate parent undertaking is JCC Group Holdings Limited, a company incorporated in England and Wales.