REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 28 February 2023 |
for |
Bickerstaff Fishing Company Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 28 February 2023 |
for |
Bickerstaff Fishing Company Limited |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Contents of the Financial Statements |
for the Year Ended 28 February 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Bickerstaff Fishing Company Limited |
Company Information |
for the Year Ended 28 February 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12a Marlborough Place |
BRIGHTON |
East Sussex |
BN1 1WN |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Balance Sheet |
28 February 2023 |
28.2.23 | 28.2.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Retained earnings | 11 |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Balance Sheet - continued |
28 February 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Notes to the Financial Statements |
for the Year Ended 28 February 2023 |
1. | STATUTORY INFORMATION |
Bickerstaff Fishing Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Boats and equipment | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2023 |
4. | INTANGIBLE FIXED ASSETS |
Patents |
and |
licences |
£ |
COST |
At 1 March 2022 |
and 28 February 2023 |
AMORTISATION |
At 1 March 2022 |
Amortisation for year |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 28 February 2022 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor | Boats and |
machinery | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 March 2022 |
Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
At 28 February 2023 |
DEPRECIATION |
At 1 March 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 28 February 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Trade debtors |
Other debtors |
Intercompany loans | 1,144,008 | 1,144,008 |
VAT |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Trade creditors |
Tax |
Intercompany loans |
Director's current account | - | 89,461 |
Accrued expenses |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Bounceback loan | 37,580 | 48,333 |
Loan - W V Bickerstaff | 7,157 | 7,157 |
9. | PROVISIONS FOR LIABILITIES |
28.2.23 | 28.2.22 |
£ | £ |
Deferred tax | 34,250 | 96,746 |
Deferred |
tax |
£ |
Balance at 1 March 2022 |
Accelerated capital allowances | (62,496 | ) |
Balance at 28 February 2023 |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28.2.23 | 28.2.22 |
value: | £ | £ |
Ordinary share | 1 | 100 | 100 |
11. | RESERVES |
Retained |
earnings |
£ |
At 1 March 2022 |
Profit for the year |
At 28 February 2023 |
Bickerstaff Fishing Company Limited (Registered number: 04957438) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2023 |
12. | RELATED PARTY DISCLOSURES |
Included in the financial statements are the following significant transactions and balances with related parties: |
28.2.23 | 28.2.22 |
£ | £ |
West Quay Fisheries Limited; a company controlled by the director, I Bickerstaff: |
Turnover | 793,789 | 746,983 |
Current assets: Debtors | 51,504 | 51,504 |
Creditors: Amounts falling due within one year | 230,818 | 230,818 |
Quayside (Newhaven) Limited; a company controlled by the director, I Bickerstaff: |
Current assets: Debtors | 1,113,976 | 1,113,976 |
Newhaven Enterprises Ltd, a company controlled by the director, I Bickerstaff: |
Current assets: Debtors | 30,031 | 30,031 |
13. | CONTROLLING PARTY |
The company was controlled by its director, I Bickerstaff, throughout the period. |