REGISTERED NUMBER: 04787741 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Uxia Fishing Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J F A Fernandez

Ms B R Carracedo

M R Carracedo

Mrs A M A Fernandez

D R Carracedo

SECRETARY:

J F A Fernandez

REGISTERED OFFICE:

Tanglewood

Dale Road

Haverfordwest

SA61 1HZ

REGISTERED NUMBER:

04787741 (England and Wales)

FIXED ASSETS

Intangible assets

4

85,113

98,513

Tangible assets

5

11,222

14,962

96,335

113,475

CURRENT ASSETS

Stocks

200

200

Debtors

573,749

564,845

Cash at bank and in hand

1,712,047

1,663,411

2,285,996

2,228,456

CREDITORS

Amounts falling due within one year

1,310,131

1,032,184

NET CURRENT ASSETS

975,865

1,196,272

TOTAL ASSETS LESS CURRENT LIABILITIES

1,072,200

1,309,747

PROVISIONS FOR LIABILITIES

23,449

27,628

NET ASSETS

1,048,751

1,282,119

CAPITAL AND RESERVES

Called up share capital

2,449

2,449

Retained earnings

1,046,302

1,279,670

SHAREHOLDERS' FUNDS

1,048,751

1,282,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 August 2025 and were signed on its behalf by:

J F A Fernandez - Director

1.	STATUTORY INFORMATION

Uxia 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Fishing quota

Fishing quota is being written off over its estimated useful life of 20 years.

Tangible fixed assets

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

Vessel `Cabo Ortegal'

-

10% on cost

Equipment

-

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.

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 year was 22 (2023 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

€

COST

At 1 January 2024

and 31 December 2024

267,993

AMORTISATION

At 1 January 2024

169,480

Amortisation for year

13,400

At 31 December 2024

182,880

NET BOOK VALUE

At 31 December 2024

85,113

At 31 December 2023

98,513

5.	TANGIBLE FIXED ASSETS

Totals

€

COST

At 1 January 2024

and 31 December 2024

537,750

DEPRECIATION

At 1 January 2024

522,788

Charge for year

3,740

At 31 December 2024

526,528

NET BOOK VALUE

At 31 December 2024

11,222

At 31 December 2023

14,962