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REGISTERED NUMBER: 00429737 (England and Wales)













Unaudited Financial Statements

for the Year Ended 5 April 2024

for

Arctic Breeze Fish Products Limited

Arctic Breeze Fish Products Limited (Registered number: 00429737)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Arctic Breeze Fish Products Limited

Company Information
for the Year Ended 5 April 2024







DIRECTOR: S C Coulbeck





SECRETARY: K R Hingley





REGISTERED OFFICE: North Quay
Fish Docks
Grimsby
N E Lincolnshire
DN31 3SY





REGISTERED NUMBER: 00429737 (England and Wales)

Arctic Breeze Fish Products Limited (Registered number: 00429737)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,965 41,286
Investments 5 133 133
39,098 41,419

CURRENT ASSETS
Debtors 6 46,279 91,967
Cash at bank and in hand 92,869 35,765
139,148 127,732
CREDITORS
Amounts falling due within one year 7 51,043 82,399
NET CURRENT ASSETS 88,105 45,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,203

86,752

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 107,203 66,752
SHAREHOLDERS' FUNDS 127,203 86,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 9 November 2024 and were signed by:





S C Coulbeck - Director


Arctic Breeze Fish Products Limited (Registered number: 00429737)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Arctic Breeze Fish Products 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 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.
Short leasehold - 5% on reducing balance
Plant and machinery - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

Arctic Breeze Fish Products Limited (Registered number: 00429737)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 6 April 2023
and 5 April 2024 188,949 189,902 378,851
DEPRECIATION
At 6 April 2023 152,819 184,746 337,565
Charge for year 1,807 514 2,321
At 5 April 2024 154,626 185,260 339,886
NET BOOK VALUE
At 5 April 2024 34,323 4,642 38,965
At 5 April 2023 36,130 5,156 41,286

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 6 April 2023
and 5 April 2024 133
NET BOOK VALUE
At 5 April 2024 133
At 5 April 2023 133

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 34,694 79,630
Other debtors 11,585 12,337
46,279 91,967

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans and overdrafts 6,632 5,716
Trade creditors 14,637 24,986
Taxation and social security 15,726 13,445
Other creditors 14,048 38,252
51,043 82,399

8. CONTINGENT LIABILITIES

As far as the director is aware he has not entered into any contracts which could give rise to a contingent liability.

9. RELATED PARTY DISCLOSURES

Arctic Breeze Fish Products Limited owes Sam Coulbeck (Refrigeration Rentals) Limited £10,000. This being a related party transaction with regard to the common directorships of the companies as shown in the creditors due within one year note to the accounts.

Arctic Breeze Fish Products Limited (Registered number: 00429737)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

10. ULTIMATE CONTROLLING PARTY

The controlling party is S C Coulbeck.