BUZZARD SHIPPING LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 05973041 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

BUZZARD SHIPPING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Burley

SECRETARY:

R J Burley

REGISTERED OFFICE:

St Mary’S Court

The Broadway

Old Amersham

Bucks

HP7 0UT

REGISTERED NUMBER:

05973041 (England and Wales)

ACCOUNTANTS:

RAA Cansdales Business Advisers Ltd

St Mary's Court

The Broadway

Old Amersham

Buckinghamshire

HP7 0UT

Fixed assets

Intangible assets

3

-

Tangible assets

4

1,419

3,201

1,419

3,201

Current assets

Debtors

5

265,422

104,829

Cash at bank

165,864

214,522

431,286

319,351

Creditors

Amounts falling due within one year

6

(136,879

)

(59,220

)

Net current assets

294,407

260,131

Total assets less current liabilities

295,826

263,332

Capital and reserves

Called up share capital

100

Retained earnings

295,726

263,232

Shareholders' funds

295,826

263,332

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 30 October 2026 and were signed by:

C Burley - Director

1.	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 the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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% on cost

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

20,000

AMORTISATION

At 1 April 2025

and 31 March 2026

20,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2025

and 31 March 2026

4,174

31,896

36,070

DEPRECIATION

At 1 April 2025

4,025

28,844

32,869

Charge for year

37

1,745

1,782

At 31 March 2026

4,062

30,589

34,651

NET BOOK VALUE

At 31 March 2026

112

1,307

1,419

At 31 March 2025

149

3,052

3,201

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

255,258

17,442

Other Debotrs

-

16,836

Directors' current accounts

-

5,285

CT Receivable U/s 455

5,682

CT Receivable

-

58,888

VAT

4,215

388

Prepayments

267

308

265,422

104,829

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

85,583

49,117

Corporation tax

46,287

5,596

Social security and other tax

514

507

Directors' current accounts

315

-

Accrued expenses

4,180

4,000

136,879

59,220