## **Maritime Workshop (The)** ## **Annual Report and Unaudited Accounts** **Year Ending 31 December 2022** ## **Maritime Workshop (The)** ## **Company Information for the Year Ended 31 December 2022** **DIRECTORS:** Mr A Dilley Mr I Steele Mr J Kundert **REGISTERED OFFICE:** 50 Ferrol Road Gosport Hants PO12 4UG **REGISTERED NUMBER:** 1827526 (England and Wales) **ACCOUNTANTS:** Diamond Accounting Southern LTD Unit 33 New Forest Enterprise Centre Hampshire SO40 9LA 1 Maritime Workshop (The) ## Contents of the Financial Statements for the Year Ended 31 December 2022 ||Page| |---|---| |Company Information|1| |Report of the Directors|2| |Profit and Loss Account|3| |Balance Sheet|4| |Notes to the Financial Statements|5-7| |Report of the Accountants|8| |Trading and Profit and Loss Account|9| ## **Maritime Workshop (The)** ## **For the Year Ended 31 December 2022** The accounts have been prepared in accordance with the special provision of part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) For the year ending 31 December 2022, the company was entitled to exemption from audit. In accordance with Sections 475 and 477 of the Companies Act 2006 relating to small companies and no notice has been deposited under section 476 of the Act with respect to accounting records and the preparation of the accounts. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts. ## **THE FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD ON:** ……………………………………………. Mr A Dilley - Director Date: ……………………………………. 2 Notes to the Financial Statements ## MARITIME WORKSHOP (THE) for the Year Ended 31 December 2022 |4.
**TANGIBLE FIXED ASSETS**
**COST :**
At 1 January 2021
Additions
**DEPRECIATION:**
At 1 January 2021
Charge for the year
At 31 December 2022
**NET BOOK VALUE:**
**At 31 December 2022**
**At 31 December 2021**
5.
**DEBTORS AMOUNTS FALLING**
**DUE WITHIN ONE YEAR**
Stock
Cash & Bank
Debtors
Other Debtors - NMRM
Prepayments
6.
**CREDITORS: AMOUNTS FALLING**
**DUE WITHIN ONE YEAR**
Other Creditors
Accruals|**31.12.22**
**£**
50
20,721
4,500
2,363
1,808
29,442
**31.12.22**
**£**
1,963
0
1,963|**Land &**
**Buildings**
**Fixtures &**
**Fittings**
**Computer**
**Equipment**| |---|---|---| |||£
200,000
133,912
390
0
0
0| |||200,000
133,912
390
0
121,265
191
2,276
98| |||0
123,541
289| |||200,000
10,371
102| |||200,000
12,647
199| |||**31.12.21**
£
50
12,932
5,720
0
262
18,964
**31.12.21**
£
9,421
363
9,784| Page 6 ## MARITIME WORKSHOP (THE) Notes to the Financial Statements for the Year Ended 31 December 2022 ## 7. ## **CREDITORS AND AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** ||**31.12.22**|**31.12.21**| |---|---|---| ||**£**|£| |Bank Loans|7,587|16,105| ## 8. ## COMPANY LIMITED BY GURANTEE The company is limited by guarantee and has no share capital Every member of the company undertakes to contribute to the assets of the company. In the event of a winding up order, such an amount as be required not exceeding £1 ## 9. **EMPLOYEES** During the year the average number of employees was 0 (2021 0) 10. ## **EQUITY** |**As at 1 January 2022**
Profit/(Loss for the year)
**As at 31 December 2022**|Revaluation
Profit &
Total
Reserve
Loss
140,912
73,793
214,705
-
5,186
5,186| |---|---| ||140,912
78,979
219,891| Page 7 MARITIME WORKSHOP (THE). Notes to the Financial Statements for the Year Ended 31 December 2022 ## 1. **ACCOUNTING POLICIES** ## **Accounting Convention** The financial statements have been prepared under the historical cost convention ## **Turnover** Turnover represents net invoiced sales of goods and services ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and Fittings - 18% on reducing balance Computer equipment - 25% Straight Line ## **Stocks** Stocks are valued at the lower of cost and net realisation value, after making due allowances for obsolete and slow moving items ## 2. ## **OPERATING PROFIT** ## **The operating profit is stated after charging:** |**The operating profit is stated after charging:**||| |---|---|---| |Depreciation - owned assets
Committee members remuneration and benefits
A Dilley – Trustee honorarium|**31.12.22**
**£**
2,374
**31.12.22**
12,000
**31.12.22**|**31.12.21**
£
2,874| |||**31.12.21**
0| |||**31.12.21**| ## 3. ## **Taxation** The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Financial Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation is respect of income or capital gains received within the categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 0 0 Page 5 ## The Maritime Workshop ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
The Maritime Workshop|Charity Name
The Maritime Workshop|Charity Name
The Maritime Workshop| |---|---|---|---| ||||| ||31stDecember 2022|**Charity no**
**(if any)**|292610| ||||| ||1 to 19
(remember to include the page numbers of additional sheets)||| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. - **Independent** I have completed my examination. I confirm that no material matters have - **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|M. Ettridge|01/04/2025| |---|---|---| |||| ||Maria Ettridge|| |||| ||ACCA|| |||| ||Diamond Accounting (Southern) LTD.|| 1 **Oct 2018** **IER** Unit 33, New Forest Enterprise Centre, Southampton, SO40 9LA ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER**