Company Registration No. SC335513 (Scotland)
Kenning Fishing Limited
Unaudited accounts
for the year ended 31 March 2025
Kenning Fishing Limited
Unaudited accounts
Contents
Kenning Fishing Limited
Company Information
for the year ended 31 March 2025
Directors
Anthony Kenning
Elizabeth Kenning
Secretary
Elizabeth Kenning
Company Number
SC335513 (Scotland)
Registered Office
2 EARLSGATE
CROSSLEE
JOHNSTONE
PA6 7FB
SCOTLAND
Accountants
Ascent Accounting Ltd
Studio 106 Embroidery Mill
Seedhill
Paisley
PA1 1TJ
Kenning Fishing Limited
Statement of financial position
as at 31 March 2025
Tangible assets
81,357
82,145
Cash at bank and in hand
331,566
414,506
Creditors: amounts falling due within one year
(11,181)
(8,531)
Net current assets
320,385
409,819
Total assets less current liabilities
401,742
491,964
Creditors: amounts falling due after more than one year
(370)
(950)
Net assets
401,372
491,014
Called up share capital
2
2
Profit and loss account
401,370
491,012
Shareholders' funds
401,372
491,014
For the year ending 31 March 2025 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 5 May 2025 and were signed on its behalf by
Anthony Kenning
Director
Company Registration No. SC335513
Kenning Fishing Limited
Notes to the Accounts
for the year ended 31 March 2025
Kenning Fishing Limited is a private company, limited by shares, registered in Scotland, registration number SC335513. The registered office is 2 EARLSGATE, CROSSLEE, JOHNSTONE, PA6 7FB, SCOTLAND.
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 remained unchanged from the previous year, and also 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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
5% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
46,000
53,995
37,400
137,395
Additions
4,044
22,398
-
26,442
At 31 March 2025
50,044
76,393
37,400
163,837
At 1 April 2024
11,500
13,500
30,250
55,250
Charge for the year
9,636
15,724
1,870
27,230
At 31 March 2025
21,136
29,224
32,120
82,480
At 31 March 2025
28,908
47,169
5,280
81,357
At 31 March 2024
34,500
40,495
7,150
82,145
Amounts falling due within one year
Kenning Fishing Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(5,648)
(5,669)
Other creditors
12,400
11,200
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
370
950
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).