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JS Fishing Tec Ltd
Registered Number:05664864
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
JS Fishing Tec Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05664864
As at 31 March 2025
JS Fishing Tec Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
10,412
3,602
2
10,412
3,602
Current assets
Inventories
1,748
2,622
3
Trade and other receivables
5,028
3,598
4
22,359
Cash and cash equivalents
15,323
21,543
29,135
Trade and other payables: amounts falling due within
one year
(8,296)
(9,393)
5
20,839
12,150
Net current assets
Total assets less current liabilities
22,562
24,441
22,562
Net assets
24,441
Capital and reserves
Called up share capital
100
1
Retained earnings
22,462
24,440
22,562
24,441
Shareholders' funds
For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
05664864
For the year ended 31 March 2025
JS Fishing Tec Ltd
Statement of Financial Position Continued
Stephen Anthony John Taylor Director
These financial statements were approved and authorised for issue by the Board on 05 December 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2025
JS Fishing Tec Ltd
Notes to the Financial Statements
Statutory Information
JS Fishing Tec Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05664864.
Registered address:
7 Martins Close
Torrington
EX38 7LG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic
of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, 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 Straight line
25 Reducing balance
Motor Vehicles
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6
For the year ended 31 March 2025
JS Fishing Tec Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2024
13,224
8,698
4,526
12,136
11,995
141
Additions
(8,698)
-
Disposals
(8,698)
At 31 March 2025
4,667
11,995
16,662
Provision for depreciation and impairment
At 01 April 2024
9,622
6,288
3,334
Charge for year
2,916
1,749
1,167
(6,288)
(6,288)
-
On disposal
At 31 March 2025
6,250
1,749
4,501
At 31 March 2025
Net book value
166
10,246
10,412
At 31 March 2024
1,192
2,410
3,602
3. Inventories
2024
2025
£
£
Stocks
2,622
1,748
Inventories are valued at the lower of cost and selling price less costs to complete and sell. Cost is defined as the actual cost of materials. Provision is made for obsolete and slow-moving items. In respect of work in progress this is the percentage of any sales contract that has been completed within the year but invoiced after the year end and is based on the sales invoice total.
4. Trade and other receivables
2024
2025
£
£
Trade debtors
3,433
4,115
Other debtors
165
913
5,028
3,598
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7
For the year ended 31 March 2025
JS Fishing Tec Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
3,282
3,219
Taxation and social security
4,254
5,077
Other creditors
1,857
-
9,393
8,296
6. Average number of persons employed
During the year the average number of employees was 0 (2024 : 1)
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