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REGISTERED NUMBER: 07805099 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Fish Innovation Ltd

Fish Innovation Ltd (Registered number: 07805099)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fish Innovation Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Dr S J Colam





SECRETARY: Mrs L Colam





REGISTERED OFFICE: Hillcrest House
Paradise Road
Henley on Thames
Oxfordshire
RG9 1TY





REGISTERED NUMBER: 07805099 (England and Wales)





ACCOUNTANTS: Knox & Eames Chartered Accountants
Badgemore House
Badgemore Park
Henley-on-Thames
Oxfordshire
RG9 4NR

Fish Innovation Ltd (Registered number: 07805099)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 707 254

CURRENT ASSETS
Debtors 5 6,690 14,724
Cash at bank 19,087 53,737
25,777 68,461
CREDITORS
Amounts falling due within one year 6 26,479 73,610
NET CURRENT LIABILITIES (702 ) (5,149 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5

(4,895

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3 (4,897 )
SHAREHOLDERS' FUNDS 5 (4,895 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





Dr S J Colam - Director


Fish Innovation Ltd (Registered number: 07805099)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Fish Innovation 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 6,769
Additions 802
At 31 December 2023 7,571
DEPRECIATION
At 1 January 2023 6,515
Charge for year 349
At 31 December 2023 6,864
NET BOOK VALUE
At 31 December 2023 707
At 31 December 2022 254

Fish Innovation Ltd (Registered number: 07805099)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 828 563
Other debtors 5,862 14,161
6,690 14,724

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,816 8,379
Other creditors 19,663 65,231
26,479 73,610

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Dr S J Colam
Balance outstanding at start of year - 43,574
Amounts advanced 4,024 -
Amounts repaid - (43,574 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,024 -

8. RELATED PARTY DISCLOSURES

Mr S Colam is Director and sole shareholder in the company