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
Float Fish Farm & Fishery Ltd
Statement of financial position
as at 30 November 2024
Intangible assets
1,433,842
Cash at bank and in hand
43,311
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
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
Float Fish Farm & Fishery Ltd
Notes to the Accounts
for the period from 28 November 2023 to 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill) are included at cost less accumulated amortisation.
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.
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
At 30 November 2024
1,463,092
Charge for the period
6,750
Other increase/(decrease)
22,500
At 30 November 2024
29,250
At 30 November 2024
1,433,842
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Tangible fixed assets
Total
At 30 November 2024
30,290
Charge for the period
4,387
At 30 November 2024
25,903
Accelerated capital allowances
4,922
Charged to the profit and loss account
4,922
Provision at end of period
4,922
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
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.
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Average number of employees
During the period the average number of employees was 5.