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Company Registration No. 07847854 (England and Wales)
Littlefish Fx Limited Unaudited accounts for the year ended 28 February 2025
Littlefish Fx Limited Unaudited accounts Contents
Page
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Littlefish Fx Limited Company Information for the year ended 28 February 2025
Directors
Samuel Barry Carla Stent
Company Number
07847854 (England and Wales)
Registered Office
Newton Hall Town Street Newton Cambridge Cambridgeshire CB22 7ZE England
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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Littlefish Fx Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
(183)
Current assets
Debtors
257,049 
263,642 
Cash at bank and in hand
- 
6,176 
257,049 
269,818 
Creditors: amounts falling due within one year
(586,903)
(586,904)
Net current liabilities
(329,854)
(317,086)
Net liabilities
(329,854)
(317,269)
Capital and reserves
Called up share capital
24,000 
24,000 
Profit and loss account
(353,854)
(341,269)
Shareholders' funds
(329,854)
(317,269)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by
Samuel Barry Director Company Registration No. 07847854
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Littlefish Fx Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Littlefish Fx Limited is a private company, limited by shares, registered in England and Wales, registration number 07847854. The registered office is Newton Hall, Town Street, Newton, Cambridge, Cambridgeshire, CB22 7ZE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Littlefish Fx Limited Notes to the Accounts for the year ended 28 February 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2024
47,179 
At 28 February 2025
47,179 
Amortisation
At 1 March 2024
47,362 
Charge for the year
(183)
At 28 February 2025
47,179 
Net book value
At 28 February 2025
- 
At 29 February 2024
(183)
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2024
1,394 
At 28 February 2025
1,394 
Depreciation
At 1 March 2024
1,394 
At 28 February 2025
1,394 
Net book value
At 28 February 2025
- 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
154 
- 
Trade debtors
- 
5,444 
Other debtors
256,895 
258,198 
257,049 
263,642 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
410,827 
410,828 
Loans from directors
176,076 
176,076 
586,903 
586,904 
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Littlefish Fx Limited Notes to the Accounts for the year ended 28 February 2025
8
Transactions with related parties
Included within bad debts for the year ended 28 February 2025 is the write off balances owed by Praebo Limited (£814) and Ernest Media Limited (£8,106). At the balance sheet date, there was outstanding balances of £177,233 (2024: £177,326) due from Savernake Technology Limited. All entities share one or more common director. Also, at the balance sheet date, there was outstanding balances of £335,674 (2024: £335,674) due to MCS Advisory Limited. Carla Stent is a director of MCS Advisory Limited. The loan has no fixed date of repayment, is payable on demand and carries a 0% coupon rate.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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