Company Registration No. 05349609 (England and Wales)
Ministry of Fish Marketing Limited
Unaudited accounts
for the year ended 31 March 2024
Ministry of Fish Marketing Limited
Unaudited accounts
Contents
Ministry of Fish Marketing Limited
Company Information
for the year ended 31 March 2024
Directors
Jane Fish
Gareth Lloyd Jones
Jane Louise Fish
Company Number
05349609 (England and Wales)
Registered Office
9A THE CLOSE
WINCHESTER
HAMPSHIRE
SO23 9LS
ENGLAND
Accountants
For and on Behalf of Tee Accounts Limited
Rosehill House
Polgooth
Polgooth
PL26 7BA
Ministry of Fish Marketing Limited
Statement of financial position
as at 31 March 2024
Tangible assets
10,346
9,430
Cash at bank and in hand
475,523
242,383
Creditors: amounts falling due within one year
(443,942)
(325,453)
Net current assets
97,848
150,561
Total assets less current liabilities
108,194
159,991
Creditors: amounts falling due after more than one year
(101,667)
(151,667)
Provisions for liabilities
Deferred tax
(2,597)
(7,873)
Called up share capital
100
100
Profit and loss account
3,830
351
Shareholders' funds
3,930
451
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2024 and were signed on its behalf by
Jane Fish
Director
Company Registration No. 05349609
Ministry of Fish Marketing Limited
Notes to the Accounts
for the year ended 31 March 2024
Ministry of Fish Marketing Limited is a private company, limited by shares, registered in England and Wales, registration number 05349609. The registered office is 9A THE CLOSE, WINCHESTER, HAMPSHIRE, SO23 9LS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line, per annum
Computer equipment
33.33% straight line, per annum
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Ministry of Fish Marketing Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
11,521
40,024
51,545
Additions
2,617
4,891
7,508
At 31 March 2024
14,138
44,915
59,053
At 1 April 2023
8,568
33,547
42,115
Charge for the year
1,460
5,132
6,592
At 31 March 2024
10,028
38,679
48,707
At 31 March 2024
4,110
6,236
10,346
At 31 March 2023
2,953
6,477
9,430
Amounts falling due within one year
Trade debtors
51,993
85,694
Accrued income and prepayments
13,274
147,467
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
25,000
25,000
Trade creditors
58,209
39,601
Taxes and social security
72,841
64,122
Other creditors
68,005
63,436
Deferred income
169,609
56,097
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
101,667
151,667
8
Average number of employees
During the year the average number of employees was 13 (2023: 10).