Accounts Submission

GREEN MARINE TECHNOLOGIES LIMITED - Company Information

Company Accounts and Tax Online 04090301 Board of Directors 1.11.22 31.10.23 31.10.23 false iso4217:GBP xbrli:pure 04090301 2021-11-01 2022-10-31 04090301 2023-10-31 04090301 2022-11-01 2023-10-31 04090301 2022-10-31 04090301 countries:EnglandWales 2022-11-01 2023-10-31 04090301 curr:PoundSterling 2022-11-01 2023-10-31 04090301 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04090301 uk-bus:FRS102 2022-11-01 2023-10-31 04090301 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04090301 uk-bus:FullAccounts 2022-11-01 2023-10-31 04090301 uk-bus:RegisteredOffice 2022-11-01 2023-10-31 04090301 uk-bus:Director1 2022-11-01 2023-10-31 04090301 uk-bus:Director1 2022-11-01 04090301 uk-bus:Director1 2023-10-31 04090301 uk-bus:CompanySecretary1 2022-11-01 2023-10-31 04090301 core:AfterOneYear 2023-10-31 04090301 core:AfterOneYear 2022-10-31 04090301 core:WithinOneYear 2023-10-31 04090301 core:WithinOneYear 2022-10-31 04090301 core:WithinOneYear 2022-11-01 2023-10-31 04090301 core:AfterOneYear 2023-10-31 04090301 core:AfterOneYear 2022-10-31 04090301 core:AfterOneYear 2022-11-01 2023-10-31 04090301 core:ShareCapital 2023-10-31 04090301 core:ShareCapital 2022-10-31 04090301 core:RevaluationReserve 2023-10-31 04090301 core:RevaluationReserve 2022-10-31 04090301 core:RetainedEarningsAccumulatedLosses 2023-10-31 04090301 core:RetainedEarningsAccumulatedLosses 2022-10-31 04090301 1 2022-11-01 2023-10-31 04090301 core:LandBuildings 2022-11-01 2023-10-31 04090301 core:LandBuildings 2023-10-31 04090301 core:LandBuildings 2021-11-01 2022-10-31 04090301 core:LandBuildings 2022-10-31 04090301 core:PlantMachinery 2022-11-01 2023-10-31 04090301 core:PlantMachinery 2023-10-31 04090301 core:PlantMachinery 2021-11-01 2022-10-31 04090301 core:PlantMachinery 2022-10-31 04090301 core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 04090301 core:FurnitureFittingsToolsEquipment 2023-10-31 04090301 core:FurnitureFittingsToolsEquipment 2021-11-01 2022-10-31 04090301 core:FurnitureFittingsToolsEquipment 2022-10-31 04090301 core:OfficeEquipment 2022-11-01 2023-10-31 04090301 core:OfficeEquipment 2023-10-31 04090301 core:OfficeEquipment 2021-11-01 2022-10-31 04090301 core:OfficeEquipment 2022-10-31 04090301 core:Vehicles 2022-11-01 2023-10-31 04090301 core:Vehicles 2023-10-31 04090301 core:Vehicles 2021-11-01 2022-10-31 04090301 core:Vehicles 2022-10-31 04090301 core:NetGoodwill 2022-11-01 2023-10-31 04090301 core:NetGoodwill 2023-10-31 04090301 core:NetGoodwill 2021-11-01 2022-10-31 04090301 core:NetGoodwill 2022-10-31 04090301 core:IntangibleAssetsOtherThanGoodwill 2022-11-01 2023-10-31 04090301 core:IntangibleAssetsOtherThanGoodwill 2023-10-31 04090301 core:IntangibleAssetsOtherThanGoodwill 2021-11-01 2022-10-31 04090301 core:IntangibleAssetsOtherThanGoodwill 2022-10-31

Company Registration Number:
04090301 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

Contents of the Financial Statements

for the Period Ended 31 October 2023


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The company owns and operates a Motor Vessel - M.V. Loyal Chancellor.

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Additional information

None

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Christopher Meredith

Secretary
Christopher Meredith

This report was approved by the board of directors on 31 January 2024
And Signed On Behalf Of The Board By:

Name: Christopher Meredith
Status: Director

Profit and Loss Account

for the Period Ended 31 October 2023

	2023 £	2022 £
Turnover	18,000	18,000
Cost of sales	( 0 )	( 0 )
Gross Profit or (Loss)	18,000	18,000
Income from coronavirus (COVID-19) business support grants	0	0
Distribution Costs	( 0 )	( 0 )
Administrative Expenses	( 36,199 )	( 19,717 )
Other operating income	0	0
Operating Profit or (Loss)	( 18,199 )	( 1,717 )
Interest Receivable and Similar Income	0	0
Interest Payable and Similar Charges	( 0 )	( 0 )
Profit or (Loss) Before Tax	( 18,199 )	( 1,717 )
Tax on Profit	( 0 )	( 0 )
Profit or (Loss) for Period	( 18,199 )	( 1,717 )

The notes form part of these financial statements

Balance sheet

As at 31 October 2023

	Notes	2023 £	2022 £
Fixed assets
Tangible assets:	4	69,611	78,556
Total fixed assets:		69,611	78,556
Current assets
Total assets less current liabilities:		69,611	78,556
Creditors: amounts falling due after more than one year:	5	( 115,854 )	( 106,600 )
Total net assets (liabilities):		( 46,243 )	( 28,044 )

The notes form part of these financial statements

Balance sheet continued

As at 31 October 2023

	2023 £	2022 £
Capital and reserves
Called up share capital:	80,000	80,000
Profit and loss account:	( 126,243 )	( 108,044 )
Shareholders funds:	( 46,243 )	( 28,044 )

For the year ending 31 October 2023 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.

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

This report was approved by the board of directors on 31 January 2024
And Signed On Behalf Of The Board By:

Name: Christopher Meredith
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

Basis of measurement and preparation

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

Turnover policy

Revenue Turnover comprises rental income and is exclusive of VAT.

Tangible fixed assets depreciation policy

Depreciation of Tangible Assets is charged at 5% straight line.

Intangible fixed assets amortisation policy

None

Valuation information and policy

None

Other accounting policies

None

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

	2023	2022
Average number of employees during the period	0	0

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

	Plant & machinery	Total
Cost	£	£
At 01 November 2022	178,897	178,897
Additions	-	-
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 October 2023	178,897	178,897
Depreciation
At 01 November 2022	100,341	100,341
Charge for year	8,945	8,945
On disposals	-	-
Other adjustments	-	-
At 31 October 2023	109,286	109,286
Net book value
At 31 October 2023	69,611	69,611
At 31 October 2022	78,556	78,556

Depreciation of Tangible Assets is charged at 5% straight line.

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due after more than one year

	2023 £	2022 £
Bank loans and overdrafts	0	0
Amounts due under finance leases and hire purchase contracts	0	0
Other creditors	115,854	106,600
Total	115,854	106,600

Director:		Christopher Meredith


Secretary:		Christopher Meredith


Registered office:		16 Took'S Court Took's Court London England EC4A 1LB


Company Registration Number:		04090301 (England and Wales)

Accounts Submission