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REGISTERED NUMBER: SC646261 (Scotland)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

MDN Fishing Ltd

MDN Fishing Ltd (Registered number: SC646261)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MDN Fishing Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr J D Nicol
Mrs J Nicol
Mr M D Nicol





REGISTERED OFFICE: South Pitblae House
South Pitblae
Fraserburgh
Aberdeenshire
AB43 7AD





REGISTERED NUMBER: SC646261 (Scotland)





ACCOUNTANTS: SBP
Accountants
Glebefield House
21 Links Terrace
Peterhead
Aberdeenshire
AB42 2XA

MDN Fishing Ltd (Registered number: SC646261)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 4 - 1,300
Cash at bank 35,685 35,292
35,685 36,592
CREDITORS
Amounts falling due within one year 5 4,410 9,040
NET CURRENT ASSETS 31,275 27,552
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,275

27,552

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,175 27,452
SHAREHOLDERS' FUNDS 31,275 27,552

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 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 8 August 2024 and were signed on its behalf by:





Mr M D Nicol - Director


MDN Fishing Ltd (Registered number: SC646261)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

MDN Fishing Ltd 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.

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.

Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of services to customers. Revenue is recognised at the point services are provided.

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 1,300

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,080 -
Taxation and social security 873 6,380
Other creditors 2,457 2,660
4,410 9,040

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M D Nicol.