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REGISTERED NUMBER: 09357470















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Fishy Catch Limited

Fishy Catch Limited (Registered number: 09357470)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Fishy Catch Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr G W A Wood
Ms L M Black





REGISTERED OFFICE: Glan Gors Bach
Rhydwyn
Holyhead
Anglesey
LL654EA





REGISTERED NUMBER: 09357470





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

Fishy Catch Limited (Registered number: 09357470)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 26,940 33,520
Tangible assets 5 246,239 274,826
273,179 308,346

CURRENT ASSETS
Debtors 6 88,188 96,679
Cash at bank and in hand 706 3,727
88,894 100,406
CREDITORS
Amounts falling due within one year 7 460,035 422,011
NET CURRENT LIABILITIES (371,141 ) (321,605 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(97,962

)

(13,259

)

CREDITORS
Amounts falling due after more than one
year

8

(69,488

)

(83,835

)

PROVISIONS FOR LIABILITIES (21,624 ) (21,532 )
NET LIABILITIES (189,074 ) (118,626 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (189,174 ) (118,726 )
SHAREHOLDERS' FUNDS (189,074 ) (118,626 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Fishy Catch Limited (Registered number: 09357470)

Balance Sheet - continued
29 February 2024


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 25 November 2024 and were signed on its behalf by:





Mr G W A Wood - Director


Fishy Catch Limited (Registered number: 09357470)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Fishy Catch Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 20% on reducing balance and 10% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

Fishy Catch Limited (Registered number: 09357470)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023
and 29 February 2024 65,800
AMORTISATION
At 1 March 2023 32,280
Charge for year 6,580
At 29 February 2024 38,860
NET BOOK VALUE
At 29 February 2024 26,940
At 28 February 2023 33,520

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 525,273
Additions 167
At 29 February 2024 525,440
DEPRECIATION
At 1 March 2023 250,447
Charge for year 28,754
At 29 February 2024 279,201
NET BOOK VALUE
At 29 February 2024 246,239
At 28 February 2023 274,826

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 3,017 3,017
Amounts owed by associates 65,000 65,000
Other debtors 20,171 28,662
88,188 96,679

Fishy Catch Limited (Registered number: 09357470)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 20,705 14,933
Trade creditors 2,196 -
Amounts owed to associates 425,694 395,005
Taxation and social security 10,525 10,242
Other creditors 915 1,831
460,035 422,011

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 69,488 83,835

9. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Bank loans 90,193 98,768

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
Mr G W A Wood
Balance outstanding at start of year 19,995 46,568
Amounts advanced - 12,242
Amounts repaid (7,385 ) (38,815 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,610 19,995

11. RELATED PARTY DISCLOSURES

No dividends were allocated to the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Fishy Catch Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fishy Catch Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Fishy Catch Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fishy Catch Limited and state those matters that we have agreed to state to the Board of Directors of Fishy Catch Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fishy Catch Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fishy Catch Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Fishy Catch Limited. You consider that Fishy Catch Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fishy Catch Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


25 November 2024