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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
Page
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Ministry of Fish Marketing Limited Company Information for the year ended 31 March 2024
Directors
Jane Fish Gareth Lloyd Jones Jane Louise Fish
Secretary
Jane 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
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Ministry of Fish Marketing Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,346 
9,430 
Current assets
Debtors
66,267 
233,631 
Cash at bank and in hand
475,523 
242,383 
541,790 
476,014 
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)
Net assets
3,930 
451 
Capital and reserves
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
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Ministry of Fish Marketing Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
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 taxation
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
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.
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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 
Depreciation
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 
Net book value
At 31 March 2024
4,110 
6,236 
10,346 
At 31 March 2023
2,953 
6,477 
9,430 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,993 
85,694 
Accrued income and prepayments
13,274 
147,467 
Other debtors
1,000 
470 
66,267 
233,631 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
25,000 
25,000 
VAT
50,278 
77,197 
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 
443,942 
325,453 
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).
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