The Fish Likes To Swim Limited

Registered Number: 13083628 The Fish Likes To Swim Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2023 £
Fixed assets
Tangible fixed assets	3	29,342	33,103
		29,342	33,103
Current assets
Stocks	4	10,501	6,505
Debtors	5	23,047	28,528
Cash at bank and in hand		1,929	5,959
		35,477	40,992
Creditors: amount falling due within one year	6	(79,247)	(112,571)
Net current assets		(43,770)	(71,579)

Total assets less current liabilities		(14,428)	(38,476)
Creditors: amount falling due after more than one year	7	(31,667)	(19,520)
Net assets		(46,095)	(57,996)

Capital and reserves
Called up share capital		1	1
Profit and loss account		(46,096)	(57,997)
Shareholders' funds		(46,095)	(57,996)

For the period ended 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 period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 05 December 2025 and were signed on its behalf by:

-------------------------------
Mr Haralambos Christos Petrakas Petrakas
Director

The Fish Likes To Swim Limited
Notes to the Financial Statements
For the Period 01 January 2024 to 31 March 2025

General Information

The Fish Likes To Swim Limited is a private company, limited by shares, registered in England and Wales, registration number 13083628, registration address 41 Meeting House Lane, Brighton, BN1 1HB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	20 % Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 6 (2023 : 6).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2024	3,038	50,295	9,036	2,273	64,642
Additions	-	2,206	586	2,280	5,072
Disposals	-	-	-	-	-
At 31 March 2025	3,038	52,501	9,622	4,553	69,714
Depreciation
At 01 January 2024	-	25,403	5,036	1,100	31,539
Charge for period	-	6,775	1,147	911	8,833
On disposals	-	-	-	-	-
At 31 March 2025	-	32,178	6,183	2,011	40,372
Net book values
Closing balance as at 31 March 2025	3,038	20,323	3,439	2,542	29,342
Opening balance as at 01 January 2024	3,038	24,892	4,000	1,173	33,103

Stocks

	2025 £		2023 £
Stocks	10,501		6,505
	10,501		6,505

Debtors: amounts falling due within one year

	2025 £		2023 £
Prepayments & Accrued Income	8,547		14,028
	8,547		14,028

Debtors: amounts falling due after one year

	2025 £		2023 £
Other Debtors	14,500		14,500
	14,500		14,500

Creditors: amount falling due within one year

	2025 £	2023 £
Trade Creditors	2,386	13,147
PAYE & Social Security	1,034	38
Accrued Expenses	-	4,017
Other Creditors	24,756	50,886
Wages & Salaries Control Account	1,605	-
Directors' Current Accounts	49,466	44,483
	79,247	112,571

Creditors: amount falling due after more than one year

	2025 £		2023 £
Other Creditors	31,667		19,520
	31,667		19,520

Registered Number: 13083628
England and Wales
THE FISH LIKES TO SWIM LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 March 2025