REGISTERED NUMBER: 07450217 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THORNTON DALE FISHERIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E J Dent

SECRETARY:

E J Dent

REGISTERED OFFICE:

The Meadows

Yedingham

Malton

York

YO17 8SL

REGISTERED NUMBER:

07450217 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Intangible assets

4

-

6,000

Tangible assets

5

31,443

61,244

31,443

67,244

CURRENT ASSETS

Stocks

5,506

6,910

Debtors

6

974

1,096

Cash in hand

1,661

1,653

8,141

9,659

CREDITORS

Amounts falling due within one year

7

50,348

58,637

NET CURRENT LIABILITIES

(42,207

)

(48,978

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,764

)

18,266

CREDITORS

Amounts falling due after more than one year

8

23,249

48,952

NET LIABILITIES

(34,013

)

(30,686

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(34,014

)

(30,687

)

(34,013

)

(30,686

)

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 director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

E J Dent - Director

1.	STATUTORY INFORMATION

Thornton Dale Fisheries 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 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.

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.

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.

Going concern

The financial statements have been prepared on the going concern basis. The director is dealing with the challenges presented as they arise. The trading environment remains challenging.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

120,000

AMORTISATION

At 1 January 2024

114,000

Charge for year

6,000

At 31 December 2024

120,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

6,000

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

27,109

57,261

3,150

87,520

Additions

1,447

-

-

1,447

Disposals

-

(39,000

)

-

(39,000

)

At 31 December 2024

28,556

18,261

3,150

49,967

DEPRECIATION

At 1 January 2024

4,715

21,246

315

26,276

Charge for year

1,941

776

284

3,001

Eliminated on disposal

-

(10,753

)

-

(10,753

)

At 31 December 2024

6,656

11,269

599

18,524

NET BOOK VALUE

At 31 December 2024

21,900

6,992

2,551

31,443

At 31 December 2023

22,394

36,015

2,835

61,244

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

974

1,096

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

16,153

28,397

Trade creditors

12,252

9,959

Taxation and social security

14,560

13,379

Other creditors

7,383

6,902

50,348

58,637

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

13,487

16,445

Other creditors

9,762

32,507

23,249

48,952