IRIS Accounts Production v25.1.3.33 04707456 director 1.1.24 31.5.25 31.5.25 0 0 false false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047074562023-12-31047074562025-05-31047074562024-01-012025-05-31047074562022-12-31047074562023-01-012023-12-31047074562023-12-3104707456ns15:EnglandWales2024-01-012025-05-3104707456ns14:PoundSterling2024-01-012025-05-3104707456ns10:Director12024-01-012025-05-3104707456ns10:PrivateLimitedCompanyLtd2024-01-012025-05-3104707456ns10:SmallEntities2024-01-012025-05-3104707456ns10:AuditExempt-NoAccountantsReport2024-01-012025-05-3104707456ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012025-05-3104707456ns10:SmallCompaniesRegimeForAccounts2024-01-012025-05-3104707456ns10:FullAccounts2024-01-012025-05-3104707456ns10:CompanySecretary12024-01-012025-05-3104707456ns10:RegisteredOffice2024-01-012025-05-3104707456ns5:CurrentFinancialInstruments2025-05-3104707456ns5:CurrentFinancialInstruments2023-12-3104707456ns5:Non-currentFinancialInstruments2025-05-3104707456ns5:Non-currentFinancialInstruments2023-12-3104707456ns5:ShareCapital2025-05-3104707456ns5:ShareCapital2023-12-3104707456ns5:RetainedEarningsAccumulatedLosses2025-05-3104707456ns5:RetainedEarningsAccumulatedLosses2023-12-3104707456ns5:PlantMachinery2024-01-012025-05-3104707456ns5:FurnitureFittings2024-01-012025-05-3104707456ns5:MotorVehicles2024-01-012025-05-3104707456ns5:ComputerEquipment2024-01-012025-05-3104707456ns5:PlantMachinery2023-12-3104707456ns5:FurnitureFittings2023-12-3104707456ns5:MotorVehicles2023-12-3104707456ns5:ComputerEquipment2023-12-3104707456ns5:PlantMachinery2025-05-3104707456ns5:FurnitureFittings2025-05-3104707456ns5:MotorVehicles2025-05-3104707456ns5:ComputerEquipment2025-05-3104707456ns5:PlantMachinery2023-12-3104707456ns5:FurnitureFittings2023-12-3104707456ns5:MotorVehicles2023-12-3104707456ns5:ComputerEquipment2023-12-3104707456ns5:WithinOneYearns5:CurrentFinancialInstruments2025-05-3104707456ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104707456ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-05-3104707456ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3104707456ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2025-05-3104707456ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-31047074561ns10:Director12023-12-31047074561ns10:Director12022-12-31047074561ns10:Director12024-01-012025-05-31047074561ns10:Director12023-01-012023-12-31047074561ns10:Director12025-05-31047074561ns10:Director12023-12-31
REGISTERED NUMBER: 04707456 (England and Wales)













FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025

FOR

M R DURRANS FISHING LTD

M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M R DURRANS FISHING LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025







DIRECTOR: Mrs M D Durrans



SECRETARY: Mrs M D Durrans



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 04707456 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Lloyds
31 Fore Street
Totnes
Devon
TQ9 5HH

M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

BALANCE SHEET
31 MAY 2025

2025 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 213,004

CURRENT ASSETS
Debtors 5 1,158 6,547
Cash at bank 299,256 60,895
300,414 67,442
CREDITORS
Amounts falling due within one year 6 190,124 111,066
NET CURRENT ASSETS/(LIABILITIES) 110,290 (43,624 )
TOTAL ASSETS LESS CURRENT LIABILITIES 110,290 169,380

CREDITORS
Amounts falling due after more than one
year

7

-

(58,675

)

PROVISIONS FOR LIABILITIES - (40,471 )
NET ASSETS 110,290 70,234

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 110,190 70,134
SHAREHOLDERS' FUNDS 110,290 70,234

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

BALANCE SHEET - continued
31 MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2025 and were signed by:





Mrs M D Durrans - Director


M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025


1. STATUTORY INFORMATION

M R Durrans Fishing 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fishing Boat - 5% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025


4. TANGIBLE FIXED ASSETS
Plant and Fishing Motor Computer
machinery Boat vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 150,471 261,559 22,350 5,173 439,553
Disposals (150,471 ) (261,559 ) (22,350 ) (5,173 ) (439,553 )
At 31 May 2025 - - - - -
DEPRECIATION
At 1 January 2024 113,542 103,665 5,588 3,754 226,549
Eliminated on disposal (113,542 ) (103,665 ) (5,588 ) (3,754 ) (226,549 )
At 31 May 2025 - - - - -
NET BOOK VALUE
At 31 May 2025 - - - - -
At 31 December 2023 36,929 157,894 16,762 1,419 213,004

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Other debtors 587 431
VAT 571 3,179
Prepayments - 2,937
1,158 6,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans and overdrafts - 20,234
Trade creditors 232 2,913
Tax 91,865 19,019
Social security and other taxes - 46
Directors' current accounts 95,106 66,436
Accrued expenses 2,921 2,418
190,124 111,066

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2023
£    £   
Bank loans - 2-5 years - 22,827
Bank loans more 5 yr by instal - 35,848
- 58,675

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 35,848

M R DURRANS FISHING LTD (REGISTERED NUMBER: 04707456)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MAY 2025


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2025 and the year ended 31 December 2023:

2025 2023
£    £   
Mrs M D Durrans
Balance outstanding at start of period (66,436 ) (54,224 )
Amounts advanced 60,587 40,868
Amounts repaid (89,256 ) (53,080 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (95,105 ) (66,436 )

Loans are unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the period, total dividends of £72,300 (2023 - £39,100) were paid to the director .