HYTHE MARINE SERVICES LIMITED

HYTHE MARINE SERVICES LIMITED

HYTHE ENGINEERING LIMITED - Company Information

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HYTHE MARINE SERVICES LIMITED

Company Registration Number:
05538621 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2018

Period of accounts

Start date: 01 September 2017

End date: 31 August 2018

HYTHE MARINE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2018

Balance sheet
Notes

HYTHE MARINE SERVICES LIMITED

Balance sheet

As at 31 August 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 320,482 189,900
Investments: 4 1,476,986 1,438,028
Total fixed assets: 1,797,468 1,627,928
Current assets
Stocks: 20,165 120,165
Debtors:   1,489,709 1,076,938
Cash at bank and in hand: 1,144,294 1,412,832
Total current assets: 2,654,168 2,609,935
Creditors: amounts falling due within one year:   (439,341) (592,301)
Net current assets (liabilities): 2,214,827 2,017,634
Total assets less current liabilities: 4,012,295 3,645,562
Provision for liabilities: (59,475) (32,900)
Total net assets (liabilities): 3,952,820 3,612,662
Capital and reserves
Called up share capital: 225 225
Other reserves: 216 216
Profit and loss account: 3,952,379 3,612,221
Shareholders funds: 3,952,820 3,612,662

The notes form part of these financial statements

HYTHE MARINE SERVICES LIMITED

Balance sheet statements

For the year ending 31 August 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 March 2019
and signed on behalf of the board by:

Name: J Mathias
Status: Director

The notes form part of these financial statements

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

2. Employees

2018 2017
Average number of employees during the period 15 15

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

3. Tangible Assets

Total
Cost £
At 01 September 2017 462,791
Additions 165,612
At 31 August 2018 628,403
Depreciation
At 01 September 2017 272,891
Charge for year 35,030
At 31 August 2018 307,921
Net book value
At 31 August 2018 320,482
At 31 August 2017 189,900

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

4. Fixed investments

Cost at 1 September 2017 - £1438028Additions - £38958At 31 August 2018 - £1476986

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

5. Related party transactions

Name of the related party: Hythe Marine Holdings Limited
Relationship:
Parent
Description of the Transaction: Group company balance
£
Balance at 01 September 2017 1,613
Balance at 31 August 2018 1,613