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REGISTERED NUMBER: SC293437 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

ROSS DOUGAL (FISH MERCHANTS) LIMITED

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ROSS DOUGAL (FISH MERCHANTS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: R W Dougal
Mrs. E L Dougal





SECRETARY: Mrs. E L Dougal





REGISTERED OFFICE: Unit 1-2
Acredale Industrial Estate
Eyemouth
Berwickshire
TD14 5LQ





REGISTERED NUMBER: SC293437 (Scotland)





ACCOUNTANTS: J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ROSS DOUGAL (FISH MERCHANTS) LIMITED

The following reproduces the text of the report prepared for the directors 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 and certain other primary statements and the Report of the Directors are 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 Ross Dougal (Fish Merchants) Limited for the year ended 30 November 2024 which comprise the Profit and Loss Account, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ross Dougal (Fish Merchants) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ross Dougal (Fish Merchants) Limited and state those matters that we have agreed to state to the Board of Directors of Ross Dougal (Fish Merchants) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ross Dougal (Fish Merchants) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ross Dougal (Fish Merchants) Limited 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 Ross Dougal (Fish Merchants) Limited. You consider that Ross Dougal (Fish Merchants) Limited 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 Ross Dougal (Fish Merchants) Limited. 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.






J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP


26 August 2025

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

BALANCE SHEET
30 NOVEMBER 2024

30/11/24 30/11/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 84,000 96,000
Tangible assets 5 940,344 964,937
1,024,344 1,060,937

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 129,541 166,879
Cash at bank and in hand 1,031,659 832,928
1,163,200 1,001,807
CREDITORS
Amounts falling due within one year 7 412,366 549,743
NET CURRENT ASSETS 750,834 452,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,775,178

1,513,001

CREDITORS
Amounts falling due after more than one year 8 (24,089 ) (53,021 )

PROVISIONS FOR LIABILITIES (61,806 ) (66,739 )
NET ASSETS 1,689,283 1,393,241

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,688,283 1,392,241
SHAREHOLDERS' FUNDS 1,689,283 1,393,241

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:





R W Dougal - Director


ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Ross Dougal (Fish Merchants) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 172,000
AMORTISATION
At 1 December 2023 76,000
Amortisation for year 12,000
At 30 November 2024 88,000
NET BOOK VALUE
At 30 November 2024 84,000
At 30 November 2023 96,000

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 December 2023 716,536 249,941 69,301 204,420 1,240,198
Additions - 3,000 - 36,340 39,340
At 30 November 2024 716,536 252,941 69,301 240,760 1,279,538
DEPRECIATION
At 1 December 2023 23,417 160,516 17,816 73,512 275,261
Charge for year - 16,321 7,722 39,890 63,933
At 30 November 2024 23,417 176,837 25,538 113,402 339,194
NET BOOK VALUE
At 30 November 2024 693,119 76,104 43,763 127,358 940,344
At 30 November 2023 693,119 89,425 51,485 130,908 964,937

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2023 35,875 163,980 199,855
Additions - 36,340 36,340
Transfer to ownership - (56,395 ) (56,395 )
At 30 November 2024 35,875 143,925 179,800
DEPRECIATION
At 1 December 2023 14,553 54,467 69,020
Charge for year 5,330 27,297 32,627
Transfer to ownership - (27,419 ) (27,419 )
At 30 November 2024 19,883 54,345 74,228
NET BOOK VALUE
At 30 November 2024 15,992 89,580 105,572
At 30 November 2023 21,322 109,513 130,835

ROSS DOUGAL (FISH MERCHANTS) LIMITED (REGISTERED NUMBER: SC293437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Trade debtors 117,541 154,879
Other debtors 12,000 12,000
129,541 166,879

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Bank loans and overdrafts 10,000 27,000
Hire purchase contracts 52,423 50,814
Payments on account 40,000 50,000
Trade creditors 106,224 144,526
Taxation and social security 139,590 174,326
Other creditors 64,129 103,077
412,366 549,743

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/24 30/11/23
£    £   
Bank loans 5,833 16,364
Hire purchase contracts 18,256 36,657
24,089 53,021

9. SECURED DEBTS

The following secured debts are included within creditors:

30/11/24 30/11/23
£    £   
Bank loans 15,833 43,364

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr and Mrs R W Dougal.