REGISTERED NUMBER: 05541350 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TAMARA FISHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Biddle

I R J Bate

SECRETARY:

M Biddle

REGISTERED OFFICE:

4 St Petroc's Meadow

Padstow

Cornwall

PL28 8HB

REGISTERED NUMBER:

05541350 (England and Wales)

ACCOUNTANTS:

Whitakers

Chartered Accountants

Bryndon House

5/7 Berry Road

Newquay

Cornwall

TR7 1AD

FIXED ASSETS

Tangible assets

4

88,992

94,773

CURRENT ASSETS

Debtors

5

6,553

3,601

Cash at bank

49,669

82,609

56,222

86,210

CREDITORS

Amounts falling due within one year

6

137,796

128,851

NET CURRENT LIABILITIES

(81,574

)

(42,641

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,418

52,132

PROVISIONS FOR LIABILITIES

3,209

9,388

NET ASSETS

4,209

42,744

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,109

42,644

SHAREHOLDERS' FUNDS

4,209

42,744

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

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

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 Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:

M Biddle - Director

I R J Bate - Director

1.	STATUTORY INFORMATION

Tamara Fishing Limited 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.

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

-

15% on reducing balance

Boats

-

Straight line over 25 years

Computer equipment

-

25% on reducing balance

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.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

Boats

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

51,345

102,000

3,065

156,410

DEPRECIATION

At 1 April 2024

40,621

18,320

2,696

61,637

Charge for year

1,609

4,080

92

5,781

At 31 March 2025

42,230

22,400

2,788

67,418

NET BOOK VALUE

At 31 March 2025

9,115

79,600

277

88,992

At 31 March 2024

10,724

83,680

369

94,773

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

VAT

4,584

549

Prepayments and accrued income

1,969

3,052

6,553

3,601

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Social security and other taxes

2,000

3,200

Directors' loan accounts

134,711

124,689

Accrued expenses

1,085

962

137,796

128,851

7.	RELATED PARTY DISCLOSURES

The company is controlled by its directors by virtue of the fact that they each own 50% of the company's ordinary shares.