28 November 2023 false No description of principal activity Taxfiler 2024.6 15313946business:PrivateLimitedCompanyLtd2023-11-282024-11-30 153139462023-11-27 153139462023-11-282024-11-30 15313946business:AuditExemptWithAccountantsReport2023-11-282024-11-30 15313946business:AbridgedAccounts2023-11-282024-11-30 153139462024-11-30 15313946core:WithinOneYear2024-11-30 15313946core:AfterOneYear2024-11-30 15313946core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 15313946core:PreviouslyStatedAmount2024-11-30 15313946business:SmallEntities2023-11-282024-11-30 15313946business:Director12023-11-282024-11-30 15313946countries:EnglandWales2023-11-282024-11-30 15313946business:RegisteredOffice2023-11-282024-11-30 15313946core:PlantMachinery2023-11-282024-11-30 15313946core:FurnitureFittings2023-11-282024-11-30 15313946core:ComputerEquipment2023-11-282024-11-30 15313946core:AcceleratedTaxDepreciationDeferredTax2024-11-30 15313946core:BetweenOneFiveYears2024-11-30 15313946core:MoreThanFiveYears2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 15313946 (England and Wales)
Float Fish Farm & Fishery Ltd Unaudited accounts for filing with the registrar for the period from 28 November 2023 to 30 November 2024
Float Fish Farm & Fishery Ltd Unaudited accounts for filing with the registrar Contents
Page
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Float Fish Farm & Fishery Ltd Statement of financial position as at 30 November 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
1,433,842 
Tangible assets
25,903 
1,459,745 
Current assets
Inventories
155,550 
Debtors
16,033 
Cash at bank and in hand
43,311 
214,894 
Creditors: amounts falling due within one year
(80,959)
Net current assets
133,935 
Total assets less current liabilities
1,593,680 
Creditors: amounts falling due after more than one year
(1,546,104)
Provisions for liabilities
Deferred tax
(4,922)
Net assets
42,654 
Capital and reserves
Profit and loss account
42,654 
Shareholders' funds
42,654 
For the period ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 6 December 2024 and were signed on its behalf by
Christopher Bell Director Company Registration No. 15313946
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Float Fish Farm & Fishery Ltd Notes to the Accounts for the period from 28 November 2023 to 30 November 2024
1
Statutory information
Float Fish Farm & Fishery Ltd is a private company, limited by shares, registered in England and Wales, registration number 15313946. The registered office is FLOAT FISH FARM, RAMSEY ROAD, FARCET, PETERBOROUGH, PE7 3DZ, UNITED KINGDOM.
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 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.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill) are included at cost less accumulated amortisation.
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.
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Float Fish Farm & Fishery Ltd Notes to the Accounts for the period from 28 November 2023 to 30 November 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 28 November 2023
- 
Additions
1,463,092 
At 30 November 2024
1,463,092 
Amortisation
At 28 November 2023
- 
Charge for the period
6,750 
Other increase/(decrease)
22,500 
At 30 November 2024
29,250 
Net book value
At 30 November 2024
1,433,842 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 28 November 2023
- 
Additions
30,290 
At 30 November 2024
30,290 
Depreciation
Charge for the period
4,387 
At 30 November 2024
4,387 
Net book value
At 30 November 2024
25,903 
6
Deferred taxation
2024 
£ 
Accelerated capital allowances
4,922 
2024 
£ 
Charged to the profit and loss account
4,922 
Provision at end of period
4,922 
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Float Fish Farm & Fishery Ltd Notes to the Accounts for the period from 28 November 2023 to 30 November 2024
7
Operating lease commitments
2024 
£ 
At 30 November 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
45,000 
Later than one year and not later than five years
200,000 
Later than five years
955,000 
1,200,000 
8
Transactions with related parties
As at 30 November 2024 there were loans owed to the directors totalling £241,424. These loans are currently interest free and repayable at the discretion of the directors.
9
Average number of employees
During the period the average number of employees was 5.
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