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 2021

Period of accounts

Start date: 01 September 2020

End date: 31 August 2021

HYTHE MARINE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2021

Balance sheet
Notes

HYTHE MARINE SERVICES LIMITED

Balance sheet

As at 31 August 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 384,809 446,370
Investments: 4 0 1,496,211
Total fixed assets: 384,809 1,942,581
Current assets
Stocks: 107,898 20,165
Debtors:   1,440,857 1,503,714
Cash at bank and in hand: 790,233 1,457,510
Total current assets: 2,338,988 2,981,389
Creditors: amounts falling due within one year:   (861,547) (1,729,048)
Net current assets (liabilities): 1,477,441 1,252,341
Total assets less current liabilities: 1,862,250 3,194,922
Provision for liabilities: (65,500) (82,450)
Total net assets (liabilities): 1,796,750 3,112,472
Capital and reserves
Called up share capital: 225 225
Other reserves: 216 216
Profit and loss account: 1,796,309 3,112,031
Shareholders funds: 1,796,750 3,112,472

The notes form part of these financial statements

HYTHE MARINE SERVICES LIMITED

Balance sheet statements

For the year ending 31 August 2021 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 31 May 2022
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 2021

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 2021

2. Employees

2021 2020
Average number of employees during the period 40 22

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

3. Tangible Assets

Total
Cost £
At 01 September 2020 843,902
Additions 87,932
Disposals (88,890)
At 31 August 2021 842,944
Depreciation
At 01 September 2020 397,532
Charge for year 60,603
At 31 August 2021 458,135
Net book value
At 31 August 2021 384,809
At 31 August 2020 446,370

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

4. Fixed investments

the investment property was distributed as part of the dividends to the parent company.

HYTHE MARINE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

5. Financial commitments

Operating leases 2021 2020payments due:within one year 15800 137398between 1-5 years 170129 383500