MOSTYN_SEAPOWER_LIMITED - Accounts

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 December 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mostyn Seapower Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Port of Mostyn, Coast Road, Mostyn, Holywell, Flintshire, CH8 9HE.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements are for the period from incorporation on 13th May 2019 to the year end of 31 December 2019.

The company has not traded during the period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The company is controlled by The Port of Mostyn Limited.

The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is The Port of Mostyn Limited. Consolidated accounts are available from Companies House, Crown Way, Cardiff, F14 3UZ. The registered address of The Port of Mostyn Limited is The Port of Mostyn, Coast Road, Mostyn, Holywell, Flintshire, CH8 9HE.

The Port of Mostyn is controlled by the Shieling Trust.