Company registration number 07022823 (England and Wales)
VALKYRIE FISH COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
VALKYRIE FISH COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
VALKYRIE FISH COMPANY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
47,541
55,233
Current assets
Debtors
4
-
0
326
Cash at bank and in hand
1,228
9,381
1,228
9,707
Creditors: amounts falling due within one year
5
(14,057)
(18,898)
Net current liabilities
(12,829)
(9,191)
Total assets less current liabilities
34,712
46,042
Provisions for liabilities
6
(11,885)
(13,808)
Net assets
22,827
32,234
Capital and reserves
Called up share capital
7
80
80
Profit and loss reserves
22,747
32,154
Total equity
22,827
32,234

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 26 September 2025 and are signed on its behalf by:
Mrs FPJ French
Director
Company Registration No. 07022823
VALKYRIE FISH COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Valkyrie Fish Company Limited is a private company limited by shares incorporated in England and Wales registered number 07022823. The registered office is 72 Fairhaven Avenue, West Mersea, Colchester, Essex, CO5 8BJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
10/20% reducing balance
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost.

Financial assets comprise cash at bank and in hand, together with other debtors. Cash at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital.

Financial liabilities held at amortised cost comprise all creditors except social security and other taxes.

VALKYRIE FISH COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Taxation
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
126,482
Depreciation and impairment
At 1 April 2024
71,249
Depreciation charged in the year
7,692
At 31 March 2025
78,941
Carrying amount
At 31 March 2025
47,541
At 31 March 2024
55,233
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
326
VALKYRIE FISH COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
7,133
9,274
Other taxation and social security
1,459
3,515
Other creditors
5,465
6,109
14,057
18,898
6
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
11,885
13,808
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
80 Ordinary of £1 each
80
80
2025-03-31 2024-04-01 false false false 26 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs FPJ French Mr JD French 07022823 2024-04-01 2025-03-31 07022823 2025-03-31 07022823 2024-03-31 07022823 core:OtherPropertyPlantEquipment 2025-03-31 07022823 core:OtherPropertyPlantEquipment 2024-03-31 07022823 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07022823 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07022823 core:CurrentFinancialInstruments 2025-03-31 07022823 core:CurrentFinancialInstruments 2024-03-31 07022823 core:ShareCapital 2025-03-31 07022823 core:ShareCapital 2024-03-31 07022823 core:RetainedEarningsAccumulatedLosses 2025-03-31 07022823 core:RetainedEarningsAccumulatedLosses 2024-03-31 07022823 core:ShareCapitalOrdinaryShareClass1 2025-03-31 07022823 core:ShareCapitalOrdinaryShareClass1 2024-03-31 07022823 bus:Director1 2024-04-01 2025-03-31 07022823 core:PlantMachinery 2024-04-01 2025-03-31 07022823 core:MotorVehicles 2024-04-01 2025-03-31 07022823 2023-04-01 2024-03-31 07022823 core:OtherPropertyPlantEquipment 2024-03-31 07022823 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 07022823 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07022823 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07022823 bus:FRS102 2024-04-01 2025-03-31 07022823 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07022823 bus:Director2 2024-04-01 2025-03-31 07022823 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP