A1 Marine Vessels Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05695569 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2017

for

A1 Marine Vessels Limited

Page

Company Information

1

Balance Sheet

2

Chartered Accountants' Report

4

DIRECTORS:

I Laws

A Wheatley

SECRETARY:

A Wheatley

REGISTERED OFFICE:

15 Thorneholme Rd

Sunderland

Tyne and Wear

SR2 7QF

REGISTERED NUMBER:

05695569 (England and Wales)

ACCOUNTANTS:

Benson Wood Ltd

Cleveland House

10 Yarm Road

Stockton on Tees

Cleveland

TS18 3NA

FIXED ASSETS

131,195

178,341

CURRENT ASSETS

2,888

26,368

CREDITORS

Amounts falling due within one year

(88,737

)

(114,391

)

NET CURRENT LIABILITIES

(85,849

)

(88,023

)

TOTAL ASSETS LESS CURRENT LIABILITIES

45,346

90,318

CAPITAL AND RESERVES

45,346

90,318

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2017 and

29 February 2016:

2017

2016

£

£

I Laws

Balance outstanding at start of year

(99,578

)

(87,525

)

Amounts advanced

22,057

-

Amounts repaid

-

(12,053

)

Balance outstanding at end of year

(77,521

)

(99,578

)

A Wheatley

Balance outstanding at start of year

(10,180

)

(10,180

)

Amounts repaid

-

-

Balance outstanding at end of year

(10,180

)

(10,180

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 November 2017 and were signed on its behalf by:

A Wheatley - Director

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be

filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A1 Marine Vessels Limited for the year ended 28 February 2017 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A1 Marine Vessels Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A1 Marine Vessels Limited and state those matters that we have agreed to state to the Board of Directors of A1 Marine Vessels Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A1 Marine Vessels Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A1 Marine Vessels Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A1 Marine Vessels Limited. You consider that A1 Marine Vessels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A1 Marine Vessels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Benson Wood Ltd

Cleveland House

10 Yarm Road

Stockton on Tees

Cleveland

TS18 3NA

30 November 2017