REGISTERED NUMBER: SC463140 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

I.A.M. FISHING & ENGINEERING LTD

Page

Balance Sheet

1

Chartered Certified Accountants' Report

3

CURRENT ASSETS

19,625

15,370

CREDITORS

Amounts falling due within one year

(13,979

)

(15,310

)

NET CURRENT ASSETS

5,646

60

TOTAL ASSETS LESS CURRENT LIABILITIES

5,646

60

CAPITAL AND RESERVES

5,646

60

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

I.A.M. Fishing & Engineering Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC463140

Registered office:

17 Glenugie Drive

Peterhead

Aberdeenshire

AB42 2GR

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

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2024 and 30th November 2023:

2024

2023

£

£

I A Lemon

Balance outstanding at start of year

3,228

6,133

Amounts advanced

54,043

62,907

Amounts repaid

(57,292

)

(65,812

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(21

)

3,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20th June 2025 and were signed by:

I A Lemon - Director

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of I.A.M. Fishing & Engineering Ltd for the year ended 30th November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of I.A.M. Fishing & Engineering Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of I.A.M. Fishing & Engineering Ltd and state those matters that we have agreed to state to the director of I.A.M. Fishing & Engineering Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that I.A.M. Fishing & Engineering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of I.A.M. Fishing & Engineering Ltd. You consider that I.A.M. Fishing & Engineering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of I.A.M. Fishing & Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwells

Goldwells House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

20th June 2025