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REGISTERED NUMBER: SC755038 (Scotland)















FINANCIAL STATEMENTS FOR THE PERIOD 11 JANUARY 2023 TO 31 JANUARY 2024

FOR

SPEYSIDE FISH & CHIPS LTD

SPEYSIDE FISH & CHIPS LTD (REGISTERED NUMBER: SC755038)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 JANUARY 2023 TO 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPEYSIDE FISH & CHIPS LTD

COMPANY INFORMATION
FOR THE PERIOD 11 JANUARY 2023 TO 31 JANUARY 2024







DIRECTORS: Mr R G McConachie
Mrs J J McConachie





REGISTERED OFFICE: 50-52 High Street
Grantown on Spey
PH26 3EH





REGISTERED NUMBER: SC755038 (Scotland)





ACCOUNTANTS: Ross + Co Accountancy Limited
31 Strathspey Avenue
Aviemore
PH22 1SN

SPEYSIDE FISH & CHIPS LTD (REGISTERED NUMBER: SC755038)

BALANCE SHEET
31 JANUARY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,590

CURRENT ASSETS
Stocks 5,000
Cash at bank and in hand 1,763
6,763
CREDITORS
Amounts falling due within one year 5 17,329
NET CURRENT LIABILITIES (10,566 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,976 )

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 6 2
Profit & loss account -
distributable (5,978 )
SHAREHOLDERS' FUNDS (5,976 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

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

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 30 September 2024 and were signed on its behalf by:




Mr R G McConachie - Director



Mrs J J McConachie - Director


SPEYSIDE FISH & CHIPS LTD (REGISTERED NUMBER: SC755038)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 JANUARY 2023 TO 31 JANUARY 2024


1. STATUTORY INFORMATION

Speyside Fish & Chips 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.

The financial statements have been prepared under the going concern basis as in the opinion of the Directors there is adequate finance available to the company in order to continue operating for the foreseeable future.

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.
Plant and machinery etc - 25% 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
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

DEBTORS AND CREDITORS RECEIVABLE/PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 .

SPEYSIDE FISH & CHIPS LTD (REGISTERED NUMBER: SC755038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 11 JANUARY 2023 TO 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 6,120
At 31 January 2024 6,120
DEPRECIATION
Charge for period 1,530
At 31 January 2024 1,530
NET BOOK VALUE
At 31 January 2024 4,590

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 27
Taxation and social security 5,341
Other creditors 11,961
17,329

Included in other creditors is a loan from the directors, Mr & Mrs McConachie. At the balance sheet date this loan amounted to £10,609. The loan is granted free of interest and is repayable as and when the company has the funds available to do so.

6. ALLOTTED, CALLED UP AND FULLY
PAID SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the directors, Mr & Mrs McConachie, by virtue of their 100% ownership of the issued Ordinary Share Capital.