Registered Number:09397571 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2023
Poulters Shellfish Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Poulters Shellfish Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
2,048
2,731
3
2,048
2,731
Trade and other receivables |
6,415
4,730
4
918
Cash and cash equivalents |
3,340
8,070
7,333
Trade and other payables: amounts falling due within one |
year |
(9,800)
(9,850)
5
(2,467)
(1,780)
Net current liabilities
Total assets less current liabilities |
268
264
268
Net assets
264
100
100
168
164
268
264
Shareholders' funds
For the year ended 31 January 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Darren Phillips Director |
These financial statements were approved and authorised for issue by the Board on 23 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2023
Poulters Shellfish Ltd
Notes to the Financial Statements
Statutory Information
Poulters Shellfish Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 09397571. |
8 York Court
Manor Crescent
Epsom
Surrey
KT19 7EY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', including the disclosure and |
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been |
prepared under the historical cost convention. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is amortised evenly over its estimated useful life of 4 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
Going Concern
The directors are satisfied that there is no impairment of the company's assets and that the company can meet its |
liabilities as they fall due for the foreseeable future. The financial statements have been prepared on a going |
concern basis. |
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For the year ended 31 January 2023
Poulters Shellfish Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
1,000
1,000
1,000
1,000
-
-
3. Property, plant and equipment |
13,566
13,566
Provision for depreciation and impairment |
10,835
Charge for year
683
11,518
2,048
2,731
4. Trade and other receivables |
2022
2023
4,730
6,415
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For the year ended 31 January 2023
Poulters Shellfish Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
8,265
8,321
1,585
1,479
9,850
9,800
6. Directors advances and guarantees |
D Phillips received advances during the year of £12,775 (2022 - £2,000). The balance outstanding as at 31 January |
2023 was £3,931 (2022 - £1,808) and is included in other debtors. This was repaid in full on 31 July 2023 (2022 - 30 |
June 2022). |
7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 3).
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