The Spiny Lobster Grill & Seafood Market Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 06749621

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		548		991
Tangible Assets	5		29,700		34,486

			30,248		35,477
CURRENT ASSETS
Stocks	6	25,540		27,070
Debtors	7	12,038		8,279
Cash at bank and in hand		160,179		194,779

		197,757		230,128
Creditors: Amounts Falling Due Within One Year	8	(225,499 )		(209,906 )

NET CURRENT ASSETS (LIABILITIES)			(27,742 )		20,222

TOTAL ASSETS LESS CURRENT LIABILITIES			2,506		55,699

Creditors: Amounts Falling Due After More Than One Year	9		(833 )		(10,833 )

NET ASSETS			1,673		44,866

CAPITAL AND RESERVES
Called up share capital	10		2		2
Income Statement			1,671		44,864

SHAREHOLDERS' FUNDS			1,673		44,866

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The Spiny Lobster Grill & Seafood Market Ltd

Statement of Financial Position (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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement.

On behalf of the board

D M Singleton

Director

10/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Spiny Lobster Grill & Seafood Market Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06749621 . The registered office is 128-130 Whiteladies Road, Clifton, Bristol, BS8 2RS.

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, excluding discounts, rebates, and value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

2.4. 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:

Leasehold	Over the term of the leasehold property
Plant & Machinery	20% straight line basis

2.5. Stocks and Work in Progress

Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.

2.6. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 21)

4. Intangible Assets

	Other
	£
Cost
As at 1 May 2024	10,504

As at 30 April 2025	10,504

Amortisation
As at 1 May 2024	9,513
Provided during the period	443

As at 30 April 2025	9,956

Net Book Value
As at 30 April 2025	548

As at 1 May 2024	991

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The Spiny Lobster Grill & Seafood Market Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Costs capitalised represent the development of the company website and is amortised over five years on a straight line basis.

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 May 2024	144,194	88,036	232,230
Additions	4,233	5,633	9,866

As at 30 April 2025	148,427	93,669	242,096

Depreciation
As at 1 May 2024	129,388	68,356	197,744
Provided during the period	7,544	7,108	14,652

As at 30 April 2025	136,932	75,464	212,396

Net Book Value
As at 30 April 2025	11,495	18,205	29,700

As at 1 May 2024	14,806	19,680	34,486

6. Stocks

	2025	2024
	£	£
Materials	3,784	5,114
Finished goods	21,756	21,956

	25,540	27,070

7. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	11,660	8,055
Other debtors	378	224

	12,038	8,279

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	86,074	81,816
Bank loans and overdrafts	10,000	10,000
Other loans	26	-
Other taxes and social security	28,836	32,017
Other creditors	95,149	84,166
Accruals and deferred income	5,291	1,907
Directors' loan accounts	123	-

	225,499	209,906

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The Spiny Lobster Grill & Seafood Market Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	833	10,833

10. Share Capital

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

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	41,340	41,340
Later than one year and not later than five years	6,890	48,230

	48,230	89,570