IRIS Accounts Production v24.2.0.383 02019266 Board of Directors 1.1.23 31.12.23 31.12.23 14/6/24 0 0 false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020192662022-12-31020192662023-12-31020192662023-01-012023-12-31020192662021-12-31020192662022-01-012022-12-31020192662022-12-3102019266ns15:EnglandWales2023-01-012023-12-3102019266ns14:PoundSterling2023-01-012023-12-3102019266ns10:Director12023-01-012023-12-3102019266ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102019266ns10:SmallEntities2023-01-012023-12-3102019266ns10:Audited2023-01-012023-12-3102019266ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102019266ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102019266ns10:FullAccounts2023-01-012023-12-310201926612023-01-012023-12-3102019266ns10:Director22023-01-012023-12-3102019266ns10:Director32023-01-012023-12-3102019266ns10:Director42023-01-012023-12-3102019266ns10:CompanySecretary12023-01-012023-12-3102019266ns10:RegisteredOffice2023-01-012023-12-3102019266ns5:CurrentFinancialInstruments2023-12-3102019266ns5:CurrentFinancialInstruments2022-12-3102019266ns5:ShareCapital2023-12-3102019266ns5:ShareCapital2022-12-3102019266ns5:RetainedEarningsAccumulatedLosses2023-12-3102019266ns5:RetainedEarningsAccumulatedLosses2022-12-3102019266ns5:IntangibleAssetsOtherThanGoodwill2022-12-3102019266ns5:IntangibleAssetsOtherThanGoodwill2023-12-3102019266ns5:IntangibleAssetsOtherThanGoodwill2022-12-31
REGISTERED NUMBER: 02019266 (England and Wales)






















Lionman Limited

Financial Statements for the Year Ended 31st December 2023






Lionman Limited (Registered number: 02019266)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lionman Limited

Company Information
for the year ended 31st December 2023







DIRECTORS: D Parlevliet
J C Van Der Plas
J Sandell
B Thorsteinsson





SECRETARY: Mackinnons Solicitors





REGISTERED OFFICE: The Orangery
Hesslewood Country Office Park
Ferriby Road
Hessle
East Yorkshire
HU13 0LH





REGISTERED NUMBER: 02019266 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

Lionman Limited (Registered number: 02019266)

Balance Sheet
31st December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 3,160,037 4,790,836

CREDITORS
Amounts falling due within one year 6 - 1,630,799
NET CURRENT ASSETS 3,160,037 3,160,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,160,037

3,160,037

CAPITAL AND RESERVES
Called up share capital 35,000 35,000
Retained earnings 3,125,037 3,125,037
3,160,037 3,160,037

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 14th June 2024 and were signed on its behalf by:





J Sandell - Director


Lionman Limited (Registered number: 02019266)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

Lionman 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Finishing quota
Fishing quotas are capitalised at cost and amortised at cost less residual value on a straight-line basis over their useful lives. The useful life of the fishing quotas are 30 years.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st January 2023
and 31st December 2023 300,000
AMORTISATION
At 1st January 2023
and 31st December 2023 300,000
NET BOOK VALUE
At 31st December 2023 -
At 31st December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 3,160,037 4,790,836

Lionman Limited (Registered number: 02019266)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 1,630,799

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Dearing BSc FCCA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

8. CONTINGENT LIABILITIES

The company is party to a joint guarantee with its ultimate parent undertaking and fellow subsidiary
undertakings in respect of the group borrowings which are secured, in part, by mortgages in certain
vessels.

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Copies of the UK Fisheries Limited accounts have been filed at Companies House, Cardiff, and can be obtained from the Group's registered office at The Orangery, Hesslewood Business Park, Hessle, East Yorkshire.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is UK Fisheries Limited.