J Marine Ltd

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

Registered number: 05609520

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,310,505		7,254,322

			7,310,505		7,254,322
CURRENT ASSETS
Stocks		26,502		15,958
Debtors		255,854		253,748
Cash at bank and in hand		400,223		385,726

		682,579		655,432
Creditors: Amounts Falling Due Within One Year		(479,098 )		(498,983 )

NET CURRENT ASSETS (LIABILITIES)			203,481		156,449

TOTAL ASSETS LESS CURRENT LIABILITIES			7,513,986		7,410,771

Creditors: Amounts Falling Due After More Than One Year			(5,617,103 )		(5,667,985 )

NET ASSETS			1,896,883		1,742,786

CAPITAL AND RESERVES
Called up share capital	5		1,000		1,000
Revaluation reserve			2,562,288		2,562,288
Profit and Loss Account			(666,405 )		(820,502 )

SHAREHOLDERS' FUNDS			1,896,883		1,742,786

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J Marine Ltd

Abridged 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 director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

J A Oliver

Director

02/10/2026

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

1. General Information

Revaluation took place July-21 by Savills

J Marine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05609520 . The registered office is 12 Darley Abbey Mills, Darley Abbey, Derby, DE22 1DZ.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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	NA
Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of full time equivalent employees, including directors, during the year was: 12 (2025: 9)

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J Marine Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	7,348,838
Additions	71,973

As at 31 March 2026	7,420,811

Depreciation
As at 1 April 2025	94,516
Provided during the period	15,790

As at 31 March 2026	110,306

Net Book Value
As at 31 March 2026	7,310,505

As at 1 April 2025	7,254,322

Included within Land & Property Freehold is a revalutation that took place in June 2021

5. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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