Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30No description of principal activity2023-07-01false33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC701079 2023-07-01 2024-06-30 SC701079 2022-07-01 2023-06-30 SC701079 2024-06-30 SC701079 2023-06-30 SC701079 c:Director1 2023-07-01 2024-06-30 SC701079 c:Director2 2023-07-01 2024-06-30 SC701079 c:Director3 2023-07-01 2024-06-30 SC701079 c:RegisteredOffice 2023-07-01 2024-06-30 SC701079 d:CurrentFinancialInstruments 2024-06-30 SC701079 d:CurrentFinancialInstruments 2023-06-30 SC701079 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC701079 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC701079 d:ShareCapital 2024-06-30 SC701079 d:ShareCapital 2023-06-30 SC701079 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC701079 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC701079 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC701079 c:OrdinaryShareClass1 2024-06-30 SC701079 c:OrdinaryShareClass1 2023-06-30 SC701079 c:FRS102 2023-07-01 2024-06-30 SC701079 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC701079 c:FullAccounts 2023-07-01 2024-06-30 SC701079 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC701079 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC701079










VIKING SHELLFISH LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
VIKING SHELLFISH LIMITED
 

COMPANY INFORMATION


Directors
Mr R Martinez 
Mr I Albecia 
Mr J Flett 




Registered number
SC701079



Registered office
34 Liberator Drive

Kirkwall

Orkney

KW15 1ZU




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
VIKING SHELLFISH LIMITED
REGISTERED NUMBER: SC701079

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
74,708
53,829

Cash at bank and in hand
  
17,934
-

  
92,642
53,829

Creditors: amounts falling due within one year
 5 
(44,762)
(46,768)

Net current assets
  
 
 
47,880
 
 
7,061

Total assets less current liabilities
  
47,880
7,061

  

Net assets
  
47,880
7,061


Capital and reserves
  

Called up share capital 
 6 
149
100

Profit and loss account
  
47,731
6,961

  
47,880
7,061


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 February 2025.




Mr R Martinez
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
VIKING SHELLFISH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Viking Shellfish Limited is a private company, limited by shares, incorporated in Scotland with the registration number SC701079. The registered office and principle place of business is 34 Liberator drive, Kirkwall, Orkney, Scotland, KY15 1ZU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


Page 2

 
VIKING SHELLFISH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Debtors

2024
2023
£
£


Trade debtors
254
1,867

Other debtors
74,454
51,962

74,708
53,829



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
9,145

Trade creditors
5,184
56

Accruals and deferred income
3,000
3,002

Other taxation and social security
28,066
11,015

Other creditors
8,512
23,550

44,762
46,768


Page 3

 
VIKING SHELLFISH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



149 (2023 - 100) Ordinary shares of £1.00 each
149
100


The company issued 49 Ordinary £1 shares at par value on 15 December 2023.


Page 4