Subsea Intervention Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: SC416599 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

SUBSEA INTERVENTION LTD

Page

Company Information

1

Balance Sheet

2

Chartered Accountants' Report

3

DIRECTORS:

G J Stroud

Ms K A Lawson

REGISTERED OFFICE:

Marin House

Castle Way

Castlepark Industrial Estate

ELLON

Aberdeenshire

AB41 9EY

REGISTERED NUMBER:

SC416599 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

4 West Craibstone Street

Bon-Accord Square

ABERDEEN

AB11 6YL

CURRENT ASSETS

82,510

82,510

CREDITORS

Amounts falling due within one year

(210,451

)

(210,451

)

NET CURRENT LIABILITIES

(127,941

)

(127,941

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(127,941

)

(127,941

)

CAPITAL AND RESERVES

(127,941

)

(127,941

)

NOTE TO THE FINANCIAL STATEMENTS

1.	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 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 26 September 2017 and were signed on its behalf by:

Ms K A Lawson - Director

The following reproduces the text of the report prepared for the directors and members 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 Subsea Intervention Ltd for the year ended 31 December 2016 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Subsea Intervention Ltd, 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 Subsea Intervention Ltd and state those matters that we have agreed to state to the Board of Directors of Subsea Intervention Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Subsea Intervention Ltd 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 profit of Subsea Intervention Ltd. You consider that Subsea Intervention Ltd 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 Subsea Intervention Ltd. 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.

Bain Henry Reid

4 West Craibstone Street

Bon-Accord Square

ABERDEEN

AB11 6YL

26 September 2017