1 May 2023 false No description of principal activity Taxfiler 2024.6.1 06749621business:PrivateLimitedCompanyLtd2023-05-012024-04-30 067496212023-04-30 067496212023-05-012024-04-30 06749621business:AuditExemptWithAccountantsReport2023-05-012024-04-30 06749621business:FilletedAccounts2023-05-012024-04-30 067496212024-04-30 06749621business:Director12023-05-012024-04-30 06749621business:Director22023-05-012024-04-30 06749621business:Director32023-05-012024-04-30 06749621business:RegisteredOffice2023-05-012024-04-30 067496212023-04-30 06749621core:WithinOneYear2024-04-30 06749621core:WithinOneYear2023-04-30 06749621core:AfterOneYear2024-04-30 06749621core:AfterOneYear2023-04-30 06749621core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 06749621core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 06749621core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 06749621core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 06749621core:PreviouslyStatedAmount2024-04-30 06749621core:PreviouslyStatedAmount2023-04-30 06749621business:SmallEntities2023-05-012024-04-30 06749621countries:EnglandWales2023-05-012024-04-30 06749621core:LandBuildings2023-05-012024-04-30 06749621core:PlantMachinery2023-05-012024-04-30 06749621core:IntangibleAssetsOtherThanGoodwill2023-04-30 06749621core:IntangibleAssetsOtherThanGoodwill2024-04-30 06749621core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30 06749621core:LandBuildings2023-04-30 06749621core:PlantMachinery2023-04-30 06749621core:LandBuildings2024-04-30 06749621core:PlantMachinery2024-04-30 06749621business:OrdinaryShareClass12023-05-012024-04-30 06749621business:OrdinaryShareClass12022-05-012023-04-30 06749621core:BetweenOneFiveYears2024-04-30 06749621core:BetweenOneFiveYears2023-04-30 06749621business:Director212023-05-012024-04-30 06749621business:Director212023-04-30 06749621business:Director212024-04-30 067496212022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06749621 (England and Wales)
THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Unaudited accounts for the year ended 30 April 2024
THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Unaudited accounts Contents
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THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Company Information for the year ended 30 April 2024
Directors
D M Singleton E Trimnell N Campbell
Company Number
06749621 (England and Wales)
Registered Office
128-130 WHITELADIES ROAD CLIFTON BRISTOL BS8 2RS
Accountants
FARQUHAR PARTNERSHIP LIMITED 151 WHITELADIES ROAD CLIFTON BRISTOL BS8 2RA
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THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
991 
2,413 
Tangible assets
34,486 
40,084 
35,477 
42,497 
Current assets
Inventories
27,070 
16,623 
Debtors
8,279 
8,550 
Cash at bank and in hand
194,779 
223,013 
230,128 
248,186 
Creditors: amounts falling due within one year
(209,906)
(163,807)
Net current assets
20,222 
84,379 
Total assets less current liabilities
55,699 
126,876 
Creditors: amounts falling due after more than one year
(10,833)
(20,833)
Net assets
44,866 
106,043 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
44,864 
106,041 
Shareholders' funds
44,866 
106,043 
For the year ending 30 April 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 28 January 2025 and were signed on its behalf by
D M Singleton Director Company Registration No. 06749621
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THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD is a private company, limited by shares, registered in England and Wales, registration number 06749621. The registered office is 128-130 WHITELADIES ROAD, CLIFTON, BRISTOL, BS8 2RS.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Land & buildings
Over the term of the leasehold property
Plant & machinery
20% straight line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
10,504 
At 30 April 2024
10,504 
Amortisation
At 1 May 2023
8,091 
Charge for the year
1,422 
At 30 April 2024
9,513 
Net book value
At 30 April 2024
991 
At 30 April 2023
2,413 
Costs capitalised represent the development of the company website and is amortised over five years on a straight line basis.
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
144,194 
79,639 
223,833 
Additions
- 
8,597 
8,597 
Disposals
- 
(200)
(200)
At 30 April 2024
144,194 
88,036 
232,230 
Depreciation
At 1 May 2023
121,985 
61,764 
183,749 
Charge for the year
7,403 
6,672 
14,075 
On disposals
- 
(80)
(80)
At 30 April 2024
129,388 
68,356 
197,744 
Net book value
At 30 April 2024
14,806 
19,680 
34,486 
At 30 April 2023
22,209 
17,875 
40,084 
6
Inventories
2024 
2023 
£ 
£ 
Raw materials
5,114 
2,702 
Finished goods
21,956 
13,921 
27,070 
16,623 
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THE SPINY LOBSTER GRILL & SEAFOOD MARKET LTD Notes to the Accounts for the year ended 30 April 2024
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,142 
Accrued income and prepayments
8,055 
5,100 
Other debtors
224 
308 
8,279 
8,550 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
81,816 
69,532 
Taxes and social security
32,017 
32,197 
Other creditors
84,166 
49,134 
Accruals
1,907 
2,944 
209,906 
163,807 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,833 
20,833 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2 
2 
11
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 April 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
41,340 
41,340 
Later than one year and not later than five years
48,230 
89,570 
89,570 
130,910 
12
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Interest free loan, repayable on demand
128 
224 
128 
224 
128 
224 
128 
224 
13
Average number of employees
During the year the average number of employees was 21 (2023: 19).
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