IRIS Accounts Production v24.3.2.46 07733860 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077338602023-08-31077338602024-08-31077338602023-09-012024-08-31077338602022-08-31077338602022-09-012023-08-31077338602023-08-3107733860ns15:EnglandWales2023-09-012024-08-3107733860ns14:PoundSterling2023-09-012024-08-3107733860ns10:Director12023-09-012024-08-3107733860ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107733860ns10:SmallEntities2023-09-012024-08-3107733860ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3107733860ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107733860ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107733860ns10:FullAccounts2023-09-012024-08-310773386012023-09-012024-08-3107733860ns10:OrdinaryShareClass12023-09-012024-08-3107733860ns10:Director22023-09-012024-08-3107733860ns10:Director32023-09-012024-08-3107733860ns10:Director42023-09-012024-08-3107733860ns10:RegisteredOffice2023-09-012024-08-3107733860ns5:CurrentFinancialInstruments2024-08-3107733860ns5:CurrentFinancialInstruments2023-08-3107733860ns5:Non-currentFinancialInstruments2024-08-3107733860ns5:Non-currentFinancialInstruments2023-08-3107733860ns5:ShareCapital2024-08-3107733860ns5:ShareCapital2023-08-3107733860ns5:RetainedEarningsAccumulatedLosses2024-08-3107733860ns5:RetainedEarningsAccumulatedLosses2023-08-3107733860ns5:PatentsTrademarksLicencesConcessionsSimilar2023-09-012024-08-3107733860ns5:PlantMachinery2023-09-012024-08-3107733860ns5:IntangibleAssetsOtherThanGoodwill2023-08-3107733860ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3107733860ns5:IntangibleAssetsOtherThanGoodwill2024-08-3107733860ns5:IntangibleAssetsOtherThanGoodwill2023-08-3107733860ns5:PlantMachinery2023-08-3107733860ns5:PlantMachinery2024-08-3107733860ns5:PlantMachinery2023-08-3107733860ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3107733860ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3107733860ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 07733860 (England and Wales)















TRICIA B SHELLFISH LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






TRICIA B SHELLFISH LTD (REGISTERED NUMBER: 07733860)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


TRICIA B SHELLFISH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R A Brewster
Mrs P Brewster
W R Brewster
K A Brewster





REGISTERED OFFICE: 5 Resolution Close
Endeavour Park
Boston
Lincolnshire
PE21 7TT





REGISTERED NUMBER: 07733860 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
5 Resolution Close
Endeavour Park
Boston
Lincolnshire
PE21 7TT

TRICIA B SHELLFISH LTD (REGISTERED NUMBER: 07733860)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 10,000
Tangible assets 5 636,120 615,758
641,120 625,758

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 13,585 12,319
Cash at bank 551,753 560,066
566,338 573,385
CREDITORS
Amounts falling due within one year 7 215,014 305,052
NET CURRENT ASSETS 351,324 268,333
TOTAL ASSETS LESS CURRENT LIABILITIES 992,444 894,091

CREDITORS
Amounts falling due after more than one year 8 (9,000 ) -

PROVISIONS FOR LIABILITIES (154,912 ) (149,782 )
NET ASSETS 828,532 744,309

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 828,432 744,209
SHAREHOLDERS' FUNDS 828,532 744,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:



R A Brewster - Director


TRICIA B SHELLFISH LTD (REGISTERED NUMBER: 07733860)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Tricia B Shellfish Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The company's place of business is 91 Tytton Lane East, Wyberton, Boston, Lincolnshire, PE21 7TD.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales and is recognised at the point of sale of goods.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 5% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


TRICIA B SHELLFISH LTD (REGISTERED NUMBER: 07733860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets, liabilities and transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Deferred government grants
Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 50,000
AMORTISATION
At 1 September 2023 40,000
Charge for year 5,000
At 31 August 2024 45,000
NET BOOK VALUE
At 31 August 2024 5,000
At 31 August 2023 10,000

TRICIA B SHELLFISH LTD (REGISTERED NUMBER: 07733860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 970,750
Additions 71,448
At 31 August 2024 1,042,198
DEPRECIATION
At 1 September 2023 354,992
Charge for year 51,086
At 31 August 2024 406,078
NET BOOK VALUE
At 31 August 2024 636,120
At 31 August 2023 615,758

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 13,585 12,319

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,740 722
Taxation and social security 72,411 52,789
Other creditors 140,863 251,541
215,014 305,052

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 9,000 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100