Lodge Farm Fisheries Limited 04198052 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is fisheries Digita Accounts Production Advanced 6.30.9574.0 true true 04198052 2024-04-01 2025-03-31 04198052 2025-03-31 04198052 core:RetainedEarningsAccumulatedLosses 2025-03-31 04198052 core:ShareCapital 2025-03-31 04198052 core:CurrentFinancialInstruments 2025-03-31 04198052 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 04198052 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 04198052 core:PlantMachinery 2025-03-31 04198052 bus:SmallEntities 2024-04-01 2025-03-31 04198052 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04198052 bus:FilletedAccounts 2024-04-01 2025-03-31 04198052 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04198052 bus:Director2 2024-04-01 2025-03-31 04198052 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04198052 core:PlantMachinery 2024-04-01 2025-03-31 04198052 countries:AllCountries 2024-04-01 2025-03-31 04198052 2024-03-31 04198052 core:PlantMachinery 2024-03-31 04198052 2023-04-01 2024-03-31 04198052 2024-03-31 04198052 core:RetainedEarningsAccumulatedLosses 2024-03-31 04198052 core:ShareCapital 2024-03-31 04198052 core:CurrentFinancialInstruments 2024-03-31 04198052 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04198052 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 04198052 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 04198052

Lodge Farm Fisheries Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

Lodge Farm Fisheries Limited

(Registration number: 04198052)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 5,183 | 7,134
Investment property |  | 45,500 | 45,500
|  | 50,683 | 52,634
Current assets |  |  |
Debtors | 4 | 2,500 | 3,476
Cash at bank and in hand |  | 34,450 | 7,202
|  | 36,950 | 10,678
Creditors: Amounts falling due within one year | 5 | (69,984) | (49,937)
Net current liabilities |  | (33,034) | (39,259)
Total assets less current liabilities |  | 17,649 | 13,375
Creditors: Amounts falling due after more than one year | 5 | (1,441) | (610)
Provisions for liabilities |  | (529) | (894)
Net assets |  | 15,679 | 11,871
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 15,579 | 11,771
Shareholders' funds |  | 15,679 | 11,871

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

Lodge Farm Fisheries Limited

(Registration number: 04198052)
Balance Sheet as at 31 March 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 15 November 2025 and signed on its behalf by:

.........................................

Mr W Aukland

Director

Lodge Farm Fisheries Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | Accounting policies

Statutory information

Lodge Farm Fisheries Limited is a private company, limited by shares, domiciled in England and Wales, company number 04198052. The registered office is at Lodge Farm, Scrooby Top, Doncaster, DN10 6AX.

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Lodge Farm Fisheries Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

1 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 15% Reducing Balance

Biological assets - Fish

Fish are carried at cost as their estimated fair value cannot be determined with any certainty.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Lodge Farm Fisheries Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3 | Tangible assets

| Plant and machinery £ | Total £
Cost
At 1 April 2024 | 56,508 | 56,508
At 31 March 2025 | 56,508 | 56,508
Depreciation
At 1 April 2024 | 49,374 | 49,374
Charge for the year | 1,951 | 1,951
At 31 March 2025 | 51,325 | 51,325
Carrying amount
At 31 March 2025 | 5,183 | 5,183
At 31 March 2024 | 7,134 | 7,134

4 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 2,500 | 3,476
| 2,500 | 3,476

5 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 5,786 | 6,759
Accruals and deferred income | 13,159 | 12,018
Other creditors | 51,039 | 31,160
| 69,984 | 49,937

| 2025 £ | 2024 £
Due after one year |  |
Accruals and deferred income | 1,441 | 610