Belhaven Lobster Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC696305

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,354		40,314

			43,354		40,314
CURRENT ASSETS
Stocks	5	270		250
Debtors	6	3,465		3,503
Cash at bank and in hand		2,395		2,865

		6,130		6,618
Creditors: Amounts Falling Due Within One Year	7	(60,253 )		(58,672 )

NET CURRENT ASSETS (LIABILITIES)			(54,123 )		(52,054 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(10,769 )		(11,740 )

NET LIABILITIES			(10,769 )		(11,740 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(10,771 )		(11,742 )

SHAREHOLDERS' FUNDS			(10,769)		(11,740)

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Belhaven Lobster Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Edward McFarlane

Director

27 October 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Belhaven Lobster Limited is a private company, limited by shares, incorporated in Scotland, registered number SC696305 . The registered office is 3 Newtonlees Cottages, Dunbar, East Lothian, EH42 1QL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2024	24,802	43,195	67,997
Additions	5,927	14,995	20,922
Disposals	-	(8,700 )	(8,700 )

As at 30 April 2025	30,729	49,490	80,219

...CONTINUED

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Belhaven Lobster Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Depreciation
As at 1 May 2024	8,785	18,898	27,683
Provided during the period	4,389	8,599	12,988
Disposals	-	(3,806 )	(3,806 )

As at 30 April 2025	13,174	23,691	36,865

Net Book Value
As at 30 April 2025	17,555	25,799	43,354

As at 1 May 2024	16,017	24,297	40,314

5. Stocks

	2025	2024
	£	£
Stock	270	250

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	885	2,682
Other debtors	2,580	821

	3,465	3,503

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	924	3,193
Other creditors	59,329	55,479

	60,253	58,672

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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