Abbreviated Company Accounts - HYTHE MARINE SERVICES LIMITED

Abbreviated Company Accounts - HYTHE MARINE SERVICES LIMITED

HYTHE ENGINEERING LIMITED - Company Information

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Registered Number 05538621

HYTHE MARINE SERVICES LIMITED

Abbreviated Accounts

31 August 2015

HYTHE MARINE SERVICES LIMITED Registered Number 05538621

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,482,343 1,306,553
Investments 3 - 274,870
1,482,343 1,581,423
Current assets
Stocks 25,000 25,000
Debtors 1,090,897 787,887
Cash at bank and in hand 1,047,867 1,864,624
2,163,764 2,677,511
Creditors: amounts falling due within one year (841,536) (799,258)
Net current assets (liabilities) 1,322,228 1,878,253
Total assets less current liabilities 2,804,571 3,459,676
Accruals and deferred income (38,980) (43,600)
Total net assets (liabilities) 2,765,591 3,416,076
Capital and reserves
Called up share capital 225 225
Other reserves 216 216
Profit and loss account 2,765,150 3,415,635
Shareholders' funds 2,765,591 3,416,076
  • For the year ending 31 August 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 April 2016

And signed on their behalf by:
R Mitchener, Director

HYTHE MARINE SERVICES LIMITED Registered Number 05538621

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Freehold property - nil
Tenants improvements - over remaining term lease
Plant and equipment - 15% reducing balance
Office equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2014 1,487,252
Additions 736,133
Disposals (538,679)
Revaluations -
Transfers -
At 31 August 2015 1,684,706
Depreciation
At 1 September 2014 180,699
Charge for the year 70,204
On disposals (48,540)
At 31 August 2015 202,363
Net book values
At 31 August 2015 1,482,343
At 31 August 2014 1,306,553

3Fixed assets Investments
shares