REGISTERED NUMBER: 00171008 (England and Wales)

E.ASHTON(FISHMONGERS)LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Adams

S P Adams

REGISTERED OFFICE:

Elfed House

Oak Tree Court, Mulberry Drive

Cardiff Gate Business Park

CARDIFF

CF23 8RS

REGISTERED NUMBER:

00171008 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

113,240

75,509

113,240

75,509

CURRENT ASSETS

Stocks

59,110

54,000

Debtors

6

202,030

211,281

Cash at bank and in hand

151,084

135,531

412,224

400,812

CREDITORS

Amounts falling due within one year

7

(357,177

)

(324,722

)

NET CURRENT ASSETS

55,047

76,090

TOTAL ASSETS LESS CURRENT LIABILITIES

168,287

151,599

CREDITORS

Amounts falling due after more than one year

8

(48,125

)

(36,975

)

NET ASSETS

120,162

114,624

CAPITAL AND RESERVES

Called up share capital

9

5,100

5,100

Retained earnings

115,062

109,524

SHAREHOLDERS' FUNDS

120,162

114,624

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

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

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 for issue by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:

S P Adams - Director

1.	STATUTORY INFORMATION

E.Ashton (Fishmongers) 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.

The company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

The turnover shown in the profit and loss account represents amounts sold during the year, exclusive of Value Added Tax.

Goodwill

Purchased goodwill was initially recorded at historical cost and has subsequently been fully amortised.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings & Equipment

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to sell, after making due allowance for obsolete and slow moving items.

Current tax

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 30 September 2024

3,000

AMORTISATION

At 1 October 2023

and 30 September 2024

3,000

NET BOOK VALUE

At 30 September 2024

-

At 30 September 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

Fittings

Motor

& Equipment

vehicles

Totals

£

£

£

COST

At 1 October 2023

243,035

88,312

331,347

Additions

1,362

62,742

64,104

Disposals

-

(15,500

)

(15,500

)

At 30 September 2024

244,397

135,554

379,951

DEPRECIATION

At 1 October 2023

205,402

50,436

255,838

Charge for year

11,455

8,409

19,864

Eliminated on disposal

-

(8,991

)

(8,991

)

At 30 September 2024

216,857

49,854

266,711

NET BOOK VALUE

At 30 September 2024

27,540

85,700

113,240

At 30 September 2023

37,633

37,876

75,509

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

192,774

194,520

Director's current account

3,001

3,001

VAT

6,255

2,452

Deferred tax asset

-

7,767

Prepayments and accrued income

-

3,541

202,030

211,281

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

20,933

20,519

Trade creditors

294,521

278,520

Social security and other taxes

7,239

9,573

Other creditors

2,496

2,210

HP/finance leases - <1 yr

18,089

-

Accruals and deferred income

13,899

13,900

357,177

324,722

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

16,042

20,519

Bank loans - 2-5 years

-

16,456

HP/finance leases - > 1 yr

32,083

-

48,125

36,975

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

5,100

Ordinary

£1

5,100

5,100