WILMAN MARINE LIMITED

WILMAN MARINE LIMITED

WILMAN MARINE LIMITED - Company Information

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WILMAN MARINE LIMITED

Company Registration Number:
01589422 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

WILMAN MARINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

WILMAN MARINE LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 5,326,668 5,327,349
Total fixed assets: 5,326,668 5,327,349
Current assets
Stocks: 74,000 70,000
Debtors:   1,313,037 1,226,112
Cash at bank and in hand: 33,569 39,712
Total current assets: 1,420,606 1,335,824
Creditors: amounts falling due within one year:   (3,272,555) (3,191,157)
Net current assets (liabilities): (1,851,949) (1,855,333)
Total assets less current liabilities: 3,474,719 3,472,016
Creditors: amounts falling due after more than one year:   (61,948) (61,948)
Total net assets (liabilities): 3,412,771 3,410,068
Capital and reserves
Called up share capital: 10,000 10,000
Revaluation reserve:43,113,7813,113,781
Profit and loss account: 288,990 286,287
Shareholders funds: 3,412,771 3,410,068

The notes form part of these financial statements

WILMAN MARINE LIMITED

Balance sheet statements

For the year ending 31 October 2022 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 26 July 2023
and signed on behalf of the board by:

Name: R B Cook
Status: Director

The notes form part of these financial statements

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

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

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 5,402,529
At 31 October 2022 5,402,529
Depreciation
At 01 November 2021 75,180
Charge for year 681
At 31 October 2022 75,861
Net book value
At 31 October 2022 5,326,668
At 31 October 2021 5,327,349

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Revaluation reserve

2022
£
Balance at 01 November 2021 3,113,781
Surplus or deficit after revaluation 0
Balance at 31 October 2022 3,113,781

WILMAN MARINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Related party transactions

Name of the related party: Wilman Universal Group Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due to Wilman Universal Group
£
Balance at 01 November 2021 2,079,188
Balance at 31 October 2022 2,079,188
Name of the related party: Universal Dispense Systems Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due to Universal Dispense Systems Limited
£
Balance at 01 November 2021 1,111,968
Balance at 31 October 2022 1,193,368
Name of the related party: Etonrose Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due from Etonrose Limited
£
Balance at 01 November 2021 1,104,416
Balance at 31 October 2022 1,280,955
Name of the related party: Zovinite Limited
Relationship:
A company in which R B Cook is interested as a shareholder
Description of the Transaction: Amount due to Zovinite Limited
£
Balance at 01 November 2021 61,948
Balance at 31 October 2022 61,948