Registered number
11878265
GREENWOODS FISH MERCHANTS LTD
Filleted Accounts
31 March 2024
GREENWOODS FISH MERCHANTS LTD
Registered number: 11878265
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 100,000 100,000
Tangible assets 4 111,172 94,725
211,172 194,725
Current assets
Stocks 89,649 153,020
Debtors 5 111,984 102,863
Cash at bank and in hand 197,737 65,668
399,370 321,551
Creditors: amounts falling due within one year 6 (147,396) (120,785)
Net current assets 251,974 200,766
Total assets less current liabilities 463,146 395,491
Creditors: amounts falling due after more than one year 7 (59,012) (85,362)
Net assets 404,134 310,129
Capital and reserves
Called up share capital 100 100
Profit and loss account 404,034 310,029
Shareholders' funds 404,134 310,129
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Thomas Greenwood
Director
Approved by the board on 16 September 2024
GREENWOODS FISH MERCHANTS LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 25% on the reducing balance basis
Plant and equipment 15% on the reducing balance basis
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 7 6
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2023 100,000
At 31 March 2024 100,000
Amortisation
At 31 March 2024 -
Net book value
At 31 March 2024 100,000
At 31 March 2023 100,000
4 Tangible fixed assets
Plant and equipment Motor vehicles Total
£ £ £
Cost
At 1 April 2023 34,521 95,078 129,599
Additions 1,224 37,490 38,714
At 31 March 2024 35,745 132,568 168,313
Depreciation
At 1 April 2023 12,616 22,258 34,874
Charge for the year 3,469 18,798 22,267
At 31 March 2024 16,085 41,056 57,141
Net book value
At 31 March 2024 19,660 91,512 111,172
At 31 March 2023 21,905 72,820 94,725
5 Debtors 2024 2023
£ £
Trade debtors 110,642 87,828
Taxation 1,342 15,035
111,984 102,863
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors and accruals 112,612 107,851
Taxation and social security costs 34,784 12,934
147,396 120,785
7 Creditors: amounts falling due after one year 2024 2023
£ £
Directors' loan accounts 59,012 85,362
8 Other information
GREENWOODS FISH MERCHANTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 11
Whitefield Place
Morecambe
Lancashire
LA3 3EA
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