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REGISTERED NUMBER: 05772596 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

The Hull Fish Company Limited

The Hull Fish Company Limited (Registered number: 05772596)

Contents of the Financial Statements
for the year ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Hull Fish Company Limited

Company Information
for the year ended 31 October 2023







DIRECTORS: Mrs L J Midgley
B G Midgley





REGISTERED OFFICE: F6 The Bloc
Springfield Way
Anlaby
Hull
East Yorkshire
HU10 6RJ





REGISTERED NUMBER: 05772596 (England and Wales)





ACCOUNTANTS: Marshall & Co
Chartered Accountants
& Chartered Tax Advisers
The Bloc
Springfield Way
Anlaby
Kingston upon Hull
East Yorkshire
HU10 6RJ

The Hull Fish Company Limited (Registered number: 05772596)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 22,919 24,090
22,919 24,090

CURRENT ASSETS
Stocks 13,500 25,000
Debtors 6 30,773 29,401
Cash at bank 8,691 5,674
52,964 60,075
CREDITORS
Amounts falling due within one year 7 156,926 176,340
NET CURRENT LIABILITIES (103,962 ) (116,265 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(81,043

)

(92,175

)

CREDITORS
Amounts falling due after more than one year 8 15,834 25,833
NET LIABILITIES (96,877 ) (118,008 )

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings (96,976 ) (118,107 )
SHAREHOLDERS' FUNDS (96,877 ) (118,008 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

The Hull Fish Company Limited (Registered number: 05772596)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





B G Midgley - Director


The Hull Fish Company Limited (Registered number: 05772596)

Notes to the Financial Statements
for the year ended 31 October 2023


1. STATUTORY INFORMATION

The Hull Fish Company Limited 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.

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.

At the balance sheet date liabilities exceeded assets by £96,877 however the Directors are of the opinion that the company is a going concern with their continued support and that of the companies creditors.. The accounts have therefore been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of five years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on cost, 20% on cost and 10% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


The Hull Fish Company Limited (Registered number: 05772596)

Notes to the Financial Statements - continued
for the year ended 31 October 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 year 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
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 year was 8 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 13,000
AMORTISATION
At 1 November 2022
and 31 October 2023 13,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

The Hull Fish Company Limited (Registered number: 05772596)

Notes to the Financial Statements - continued
for the year ended 31 October 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 69,525 4,714 27,883 2,469 104,591
Additions 5,250 - - - 5,250
At 31 October 2023 74,775 4,714 27,883 2,469 109,841
DEPRECIATION
At 1 November 2022 55,113 4,346 18,758 2,284 80,501
Charge for year 1,966 368 4,025 62 6,421
At 31 October 2023 57,079 4,714 22,783 2,346 86,922
NET BOOK VALUE
At 31 October 2023 17,696 - 5,100 123 22,919
At 31 October 2022 14,412 368 9,125 185 24,090

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,853 23,564
Other debtors 4,920 5,837
30,773 29,401

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 108,663 117,698
Taxation and social security 7,773 4,816
Other creditors 30,490 43,826
156,926 176,340

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 15,834 25,833

9. ULTIMATE CONTROLLING PARTY

The controlling party is B G Midgley.