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REGISTERED NUMBER: SC385232 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024

FOR

3 JAYS FISHING LIMITED

3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

3 JAYS FISHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5TH APRIL 2024







DIRECTORS: Mr G Eddie
Mrs F Eddie





REGISTERED OFFICE: 38 Strichen Road
Fraserburgh
Aberdeenshire
United Kingdom
AB43 9QZ





REGISTERED NUMBER: SC385232 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
aberdeenshire
AB42 1WN

3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)

BALANCE SHEET
5TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,287 10,115

CURRENT ASSETS
Debtors 5 693 3,106
Cash at bank 134,706 125,360
135,399 128,466
CREDITORS
Amounts falling due within one year 6 45,104 30,304
NET CURRENT ASSETS 90,295 98,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,582

108,277

PROVISIONS FOR LIABILITIES - 1,922
NET ASSETS 97,582 106,355

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 97,482 106,255
SHAREHOLDERS' FUNDS 97,582 106,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2024 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.

3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)

BALANCE SHEET - continued
5TH APRIL 2024


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 26th June 2024 and were signed on its behalf by:





Mr G Eddie - Director


3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2024

1. STATUTORY INFORMATION

3 Jays Fishing Limited is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance and Straight line over 4 years

Taxation
Taxation for the year 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5TH APRIL 2024

4. TANGIBLE FIXED ASSETS
Freehold Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 6th April 2023 6,906 13,235 5,185 25,326
Disposals - - (806 ) (806 )
At 5th April 2024 6,906 13,235 4,379 24,520
DEPRECIATION
At 6th April 2023 590 10,880 3,741 15,211
Charge for year 1,381 589 857 2,827
Eliminated on disposal - - (805 ) (805 )
At 5th April 2024 1,971 11,469 3,793 17,233
NET BOOK VALUE
At 5th April 2024 4,935 1,766 586 7,287
At 5th April 2023 6,316 2,355 1,444 10,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 693 3,106

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 207
Tax 43,543 28,939
Social security and other taxes 225 20
Other creditors - 4
Directors' current accounts 136 34
Accrued expenses 1,200 1,100
45,104 30,304

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5th April 2024 and 5th April 2023:

2024 2023
£    £   
Mr G Eddie
Balance outstanding at start of year (34 ) 12,837
Amounts advanced 152,810 127,861
Amounts repaid (152,912 ) (140,732 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (136 ) (34 )

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
3 JAYS FISHING LIMITED (REGISTERED NUMBER: SC385232)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 3 Jays Fishing Limited for the year ended 5th April 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of 3 Jays Fishing Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 3 Jays Fishing Limited and state those matters that we have agreed to state to the Board of Directors of 3 Jays Fishing Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 3 Jays Fishing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 3 Jays Fishing Limited. You consider that 3 Jays Fishing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 3 Jays Fishing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwells
Goldwells House
Grange Road
Peterhead
aberdeenshire
AB42 1WN


26th June 2024