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REGISTERED NUMBER: 07140617 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2023 TO 30TH SEPTEMBER 2023

FOR

FISH NEWSAGENTS LTD

FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2023 TO 30TH SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FISH NEWSAGENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 1ST JANUARY 2023 TO 30TH SEPTEMBER 2023







DIRECTORS: Mr T W Fish
Mrs S L Fish





REGISTERED OFFICE: 140-144 Plumstead Road East
Thorpe
Norwich
Norfolk
NR7 9NG





REGISTERED NUMBER: 07140617 (England and Wales)





ACCOUNTANTS: Berry & Warren Ltd
Chartered Accountants
54 Thorpe Road
Norwich
Norfolk
NR1 1RY

FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 35,981

CURRENT ASSETS
Stocks - 21,489
Debtors 5 5,138 6,983
Cash at bank and in hand 18,722 7,768
23,860 36,240
CREDITORS
Amounts falling due within one year 6 27,708 50,472
NET CURRENT LIABILITIES (3,848 ) (14,232 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,848

)

21,749

PROVISIONS FOR LIABILITIES - 8,995
NET (LIABILITIES)/ASSETS (3,848 ) 12,754

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,948 ) 12,654
SHAREHOLDERS' FUNDS (3,848 ) 12,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2023 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.

FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)

BALANCE SHEET - continued
30TH SEPTEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st February 2024 and were signed on its behalf by:





Mr T W Fish - Director


FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2023 TO 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

Fish Newsagents Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has ceased trading having sold the lease and goodwill.

Turnover
Turnover represents takings net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2023 TO 30TH SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st January 2023 107,211
Disposals (107,211 )
At 30th September 2023 -
DEPRECIATION
At 1st January 2023 71,230
Charge for period 4,047
Eliminated on disposal (75,277 )
At 30th September 2023 -
NET BOOK VALUE
At 30th September 2023 -
At 31st December 2022 35,981

FISH NEWSAGENTS LTD (REGISTERED NUMBER: 07140617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2023 TO 30TH SEPTEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 5,800
Other debtors 5,138 1,183
5,138 6,983

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 15,240
Trade creditors 3,071 26,649
Taxation and social security 22,638 6,122
Other creditors 1,999 2,461
27,708 50,472

7. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr & Mrs Fish.