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REGISTERED NUMBER: 04659333 (England and Wales)










Unaudited Financial Statements

for the Year Ended 5 April 2025

for

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALDEBURGH FISH AND CHIP SHOP COMPANY LTD

Company Information
for the Year Ended 5 April 2025







DIRECTORS: Mr P Cooney
Mrs Z Cooney
Mr A Cooney





SECRETARY: Mrs Z Cooney





REGISTERED OFFICE: 30 Linden Road
ALDEBURGH
Suffolk
IP15 5JH





REGISTERED NUMBER: 04659333 (England and Wales)





ACCOUNTANTS: Turner & Ellerby
Chartered Certified Accountants
5 Church Street
Framlingham
Woodbridge
Suffolk
IP13 9BQ

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 160,366 533,694
Investment property 6 856,351 -
1,016,717 533,694

CURRENT ASSETS
Stocks 12,500 12,500
Debtors 7 32,051 79,125
Investments 8 319,332 702,408
Cash at bank and in hand 584,153 408,054
948,036 1,202,087
CREDITORS
Amounts falling due within one year 9 176,795 161,039
NET CURRENT ASSETS 771,241 1,041,048
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,787,958

1,574,742

PROVISIONS FOR LIABILITIES 11 32,755 19,047
NET ASSETS 1,755,203 1,555,695

CAPITAL AND RESERVES
Called up share capital 308,255 308,255
Retained earnings 1,446,948 1,247,440
SHAREHOLDERS' FUNDS 1,755,203 1,555,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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.

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Balance Sheet - continued
5 April 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:




Mr P Cooney - Director



Mr A Cooney - Director


ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

ALDEBURGH FISH AND CHIP SHOP COMPANY 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill is amortised over 5 years.It is also reviewed annually by the directors and any impairment is written off to the profit and loss account.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Plant and machinery - 20% on reducing balance
Motor vehicles - 10% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) financial assets

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

Other financial assets, including investments in equity instruments are initially measured at fair value, which is normally the transaction price.

Such assets are subsequently carried at fair value and the changes in fair value are recognised in the profit and loss account.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has passed to a third party who has the ability to sell the asset to an unrelated third party without imposing additional restrictions.

(ii) financial liabilities

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade payables 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 payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 6 April 2024
and 5 April 2025 443,999
AMORTISATION
At 6 April 2024
and 5 April 2025 443,999
NET BOOK VALUE
At 5 April 2025 -
At 5 April 2024 -

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Motor
property property machinery vehicles Totals
£    £    £    £    £   
COST
At 6 April 2024 414,082 96,025 487,354 42,345 1,039,806
Additions - - 14,124 - 14,124
Disposals (50,781 ) - - - (50,781 )
Reclassification/transfer (312,520 ) - - - (312,520 )
At 5 April 2025 50,781 96,025 501,478 42,345 690,629
DEPRECIATION
At 6 April 2024 - 78,924 419,345 7,843 506,112
Charge for year - 4,275 16,426 3,450 24,151
At 5 April 2025 - 83,199 435,771 11,293 530,263
NET BOOK VALUE
At 5 April 2025 50,781 12,826 65,707 31,052 160,366
At 5 April 2024 414,082 17,101 68,009 34,502 533,694

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 543,831
Reclassification/transfer 312,520
At 5 April 2025 856,351
NET BOOK VALUE
At 5 April 2025 856,351

For the year ended 5 April the directors reviewed the valuation of the investment properties on an open market basis and were of the opinion that no revaluation adjustment was required to the market value of £856,351.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 3,500 3,500
Loan to associated company - 55,311
Prepayments 28,551 20,314
32,051 79,125

8. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Insurance bond 319,332 702,408

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD (Registered number: 04659333)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 2,565 -
VAT 63,329 50,450
Directors' current accounts 104,401 104,089
Accrued expenses 6,500 6,500
176,795 161,039

10. FINANCIAL INSTRUMENTS

The fair value of the insurance bond at 5 April 2025 and 5 April 2024 has been obtained from Prudential, the bond providers.

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 32,755 19,047

Deferred
tax
£   
Balance at 6 April 2024 19,047
Charge to Income Statement during year 13,708
Balance at 5 April 2025 32,755