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REGISTERED NUMBER: SC199134 (Scotland)















Financial Statements for the Year Ended 31 January 2025

for

Thomson International (Fish Sales)
Limited

Thomson International (Fish Sales)
Limited (Registered number: SC199134)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thomson International (Fish Sales)
Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: W A Thomson





SECRETARY: W A Thomson





REGISTERED OFFICE: 7 Castle Gardens
Barrock Street
THURSO
Caithness
KW14 7GZ





REGISTERED NUMBER: SC199134 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 41,026 50,911
Investments 5 30,788 30,788
Investment property 6 79,201 79,201
151,015 160,900

CURRENT ASSETS
Debtors 7 102,072 132,465
Investments 8 208,892 31,658
Cash at bank and in hand 102,950 354,003
413,914 518,126
CREDITORS
Amounts falling due within one year 9 (62,248 ) (71,909 )
NET CURRENT ASSETS 351,666 446,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

502,681

607,117

PROVISIONS FOR LIABILITIES 10 (7,795 ) (9,673 )
NET ASSETS 494,886 597,444

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Retained earnings 494,786 597,344
SHAREHOLDERS' FUNDS 494,886 597,444

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Balance Sheet - continued
31 January 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 director and authorised for issue on 23 June 2025 and were signed by:





W A Thomson - Director


Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Thomson International (Fish Sales) Limited is a private company, limited by shares , registered in Scotland. 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.

TANGIBLE FIXED ASSETS
Tangible fixed assets are initially recorded at cost. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment15% straight line
Fixtures & fittings25% straight line
Computer equipment25% straight line
Motor vehicles25% straight line

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.

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.

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.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Office and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 5,428 5,887 52,694 2,287 66,296
Additions 541 - - - 541
At 31 January 2025 5,969 5,887 52,694 2,287 66,837
DEPRECIATION
At 1 February 2024 4,340 5,887 3,293 1,865 15,385
Charge for year 333 - 9,881 212 10,426
At 31 January 2025 4,673 5,887 13,174 2,077 25,811
NET BOOK VALUE
At 31 January 2025 1,296 - 39,520 210 41,026
At 31 January 2024 1,088 - 49,401 422 50,911

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2024
and 31 January 2025 30,788
NET BOOK VALUE
At 31 January 2025 30,788
At 31 January 2024 30,788

Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 79,201
NET BOOK VALUE
At 31 January 2025 79,201
At 31 January 2024 79,201

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 70,898 113,302
Other debtors 30,382 18,532
Prepayments and accrued income 792 631
102,072 132,465

8. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Listed investments 208,892 31,658

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 53,343 61,440
Corporation tax 6,519 7,956
Other creditors 2,386 2,513
62,248 71,909

10. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 7,795 9,673

Deferred
tax
£   
Balance at 1 February 2024 9,673
Credit to Income Statement during year (1,878 )
Balance at 31 January 2025 7,795

Thomson International (Fish Sales)
Limited (Registered number: SC199134)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
W A Thomson
Balance outstanding at start of year 6,721 7,321
Amounts repaid (720 ) (600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,001 6,721

No interest has been charged on the advance to the director.