South West Pesca Limited 03233030 true 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is to assist, promote, encourage and implement European funding in Cornwall, Devon, Dorset and Isles of Scilly Digita Accounts Production Advanced 6.30.9574.0 true J R Berry N L Pooley false 03233030 2022-04-01 2023-03-31 03233030 2023-03-31 03233030 bus:OrdinaryShareClass1 2023-03-31 03233030 core:ShareCapital 2023-03-31 03233030 core:CurrentFinancialInstruments 2023-03-31 03233030 bus:FRS102 2022-04-01 2023-03-31 03233030 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03233030 bus:FullAccounts 2022-04-01 2023-03-31 03233030 bus:RegisteredOffice 2022-04-01 2023-03-31 03233030 bus:Director1 2022-04-01 2023-03-31 03233030 bus:Director6 2022-04-01 2023-03-31 03233030 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 03233030 bus:EntityNoLongerTradingButTradedInPast 2022-04-01 2023-03-31 03233030 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03233030 1 2022-04-01 2023-03-31 03233030 countries:EnglandWales 2022-04-01 2023-03-31 03233030 2022-03-31 03233030 bus:OrdinaryShareClass1 2022-03-31 03233030 core:ShareCapital 2022-03-31 03233030 core:CurrentFinancialInstruments 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

South West Pesca Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 March 2023

Registration number: 03233030

 

South West Pesca Limited

Balance Sheet

31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

2

2

Capital and reserves

 

Called up share capital

4

2

2

Shareholders' funds

 

2

2

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 September 2023 and signed on its behalf by:
 

.........................................

N L Pooley

Director

Company Registration Number: 03233030

 

South West Pesca Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company has been dormant throughout the period of account.

These financial statements were authorised for issue by the Board on 27 September 2023.

The address of its registered office is:
Lowena House
Glenthorne Court
Truro Business Park
Truro
Cornwall
TR4 9NY

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

 

South West Pesca Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2023

Financial instruments

Classification
The sole financial instrument held by the company relates to inter group debt. This debt meets the definition of a basic financial instrument.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3

Debtors

Note

2023
£

2022
£

Amounts owed by related parties

2

2

 

2

2

4

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2

         
 

South West Pesca Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2023

5

Parent and ultimate parent undertaking

The company's immediate parent is South West Investment Group Limited, incorporated in England and Wales. The registered office of this company is Lowena House, Glenthorne Court, Truro Business Park, Truro, Cornwall, TR4 9NY.

 The most senior parent entity producing publicly available financial statements is South West Investment Group Limited. These financial statements are available upon request from Companies House, Crown Way, Cardiff, CF14 3UZ.