WHITFISH LTD.

Company Registration Number:
09576676 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

WHITFISH LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WHITFISH LTD.

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

During the financial year 23/24 turnover grew significantly, due to an increase in availability of stock alongside a healthy growth in the hospitality sector both in the UK and Europe. During the year the Directors remained the same. Edward Whitall remained Managing Director, and Laura Whitall remained the Accounts Director. The principal activity of the company was in the wholesale and retail sale of fresh and frozen fish and seafood, alongside the processing and purification of shellfish. Turnover increased to £1,345,883.82 and showed healthy growth and profit margin. In the following year we aim to expand on this success by acquiring more varied export markets.



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Edward Whitall
Laura Whitall


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 February 2025

And signed on behalf of the board by:
Name: Edward Whitall
Status: Director

WHITFISH LTD.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 1,345,884 892,470
Cost of sales: ( 905,880 ) ( 629,599 )
Gross profit(or loss): 440,004 262,871
Distribution costs: ( 74,121 ) ( 59,838 )
Administrative expenses: ( 287,051 ) ( 190,659 )
Operating profit(or loss): 78,832 12,374
Profit(or loss) before tax: 78,832 12,374
Profit(or loss) for the financial year: 78,832 12,374

WHITFISH LTD.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 61,933 52,520
Total fixed assets: 61,933 52,520
Current assets
Stocks: 4 7,800 5,500
Debtors: 5 35,578 32,450
Cash at bank and in hand: 16,766 6,535
Total current assets: 60,144 44,485
Creditors: amounts falling due within one year: 6 ( 24,950 ) ( 27,442 )
Net current assets (liabilities): 35,194 17,043
Total assets less current liabilities: 97,127 69,563
Creditors: amounts falling due after more than one year: 7 ( 57,146 ) ( 106,999 )
Total net assets (liabilities): 39,981 (37,436)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 39,881 (37,536 )
Total Shareholders' funds: 39,981 (37,436)

The notes form part of these financial statements

WHITFISH LTD.

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 February 2025
and signed on behalf of the board by:

Name: Edward Whitall
Status: Director

The notes form part of these financial statements

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 44,356 5,164 0 3,000 52,520
Additions 4,653 1,176 4,999 10,828
Disposals
Revaluations
Transfers
At 31 May 2024 0 49,009 5,164 1,176 7,999 63,348
Depreciation
At 1 June 2023 0 0 0 0 0 0
Charge for year 243 69 20 1,083 1,415
On disposals
Other adjustments
At 31 May 2024 0 243 69 20 1,083 1,415
Net book value
At 31 May 2024 0 48,766 5,095 1,156 6,916 61,933
At 31 May 2023 0 44,356 5,164 0 3,000 52,520

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 7,800 5,500
Total 7,800 5,500

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Trade debtors 35,578 32,450
Total 35,578 32,450

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 24,950 27,442
Total 24,950 27,442

WHITFISH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 57,146 106,999
Total 57,146 106,999