Subsea Excavation Technology Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC416601 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

SUBSEA EXCAVATION TECHNOLOGY LIMITED

Page

Balance Sheet

1

to

2

FIXED ASSETS

935,863

935,863

CURRENT ASSETS

1,396

1,396

NET CURRENT ASSETS

1,396

1,396

TOTAL ASSETS LESS CURRENT LIABILITIES

937,259

937,259

CAPITAL AND RESERVES

937,259

937,259

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Subsea Excavation Technology Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC416601

Registered office:

Balmacassie Drive

Balmacassie Industrial Estate

ELLON

Aberdeenshire

AB41 8BX

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2018 - NIL).

3.	BASIS OF PREPARATION

The figures provided in these accounts are estimates only, due to insufficient information and papers being handed over to the current directors by the former owners and directors of the company. All figures contained in these accounts are based on trading carried out during the period prior to 24/12/2013, and all amounts shown are based on figures provided by the owners and directors of the company to that date.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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 applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2020 and were signed on its behalf by:

Ms K A Lawson - Director