Registration number:
Fishbot Ltd
for the Period from 5 September 2023 to 30 September 2024
Fishbot Ltd
Company Information
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Directors |
Mr C Hallam Mr A Moors |
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Registered office |
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Fishbot Ltd
(Registration number: 15114634)
Balance Sheet as at 30 September 2024
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Note |
2024 |
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Fixed assets |
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Intangible assets |
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Creditors: Amounts falling due within one year |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
100 |
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Retained earnings |
(1,375) |
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Shareholders' deficit |
(1,275) |
For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Fishbot Ltd
Notes to the Unaudited Financial Statements for the Period from 5 September 2023 to 30 September 2024
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Development costs
Development costs are recorded at cost and are capitalised when the company feels the asset will generate future economic benefits and the costs associated can be reliably determined. Management is satisfied that attributable expenditure meets the requirement for recognition as an intangible asset within the financial statements.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life.
As of the balance sheet date the intangible asset was still in development, therefore no amortisation was applied. Once fully developed the asset will be written of over the following basis:
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Asset class |
Amortisation method and rate |
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Software |
10 year straight line |
Fishbot Ltd
Notes to the Unaudited Financial Statements for the Period from 5 September 2023 to 30 September 2024
Trade creditors
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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Fishbot Ltd
Notes to the Unaudited Financial Statements for the Period from 5 September 2023 to 30 September 2024
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Intangible assets |
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Internally generated software development costs |
Total |
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Cost or valuation |
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Additions internally developed |
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At 30 September 2024 |
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Amortisation |
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Carrying amount |
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At 30 September 2024 |
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Creditors |
Creditors: amounts falling due within one year
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2024 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
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No. |
£ |
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100 |