Company Registration No. SC591681 (Scotland)
Rival Fishing Co Ltd
Unaudited accounts
for the year ended 31 March 2025
Rival Fishing Co Ltd
Unaudited accounts
Contents
Rival Fishing Co Ltd
Company Information
for the year ended 31 March 2025
Company Number
SC591681 (Scotland)
Registered Office
C/O MCCREATH ACCOUNTANCY
Phoenix Business Park
Phoenix Business Park
Linwood
pa1 2bh
United Kingdom
Accountants
McCreath Accountancy
Phoenix House
Phoenix Business Park
Paisley
Renfrewshire
PA1 2BH
Rival Fishing Co Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
643,489
720,850
Cash at bank and in hand
33,723
51,245
Creditors: amounts falling due within one year
(406,059)
(568,996)
Net current liabilities
(339,295)
(517,751)
Total assets less current liabilities
304,194
203,099
Creditors: amounts falling due after more than one year
(133,493)
(75,235)
Net assets
170,701
127,864
Called up share capital
100
100
Profit and loss account
170,601
127,764
Shareholders' funds
170,701
127,864
For the 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. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2025 and were signed on its behalf by
Finlay MacDonald
Director
Company Registration No. SC591681
Rival Fishing Co Ltd
Notes to the Accounts
for the year ended 31 March 2025
Rival Fishing Co Ltd is a private company, limited by shares, registered in Scotland, registration number SC591681. The registered office is C/O MCCREATH ACCOUNTANCY, Phoenix Business Park, Phoenix Business Park, Linwood, pa1 2bh, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
Boats owned by the company
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
771,480
625
772,105
At 31 March 2025
771,480
625
772,105
At 1 April 2024
50,843
412
51,255
Charge for the year
77,148
213
77,361
At 31 March 2025
127,991
625
128,616
At 31 March 2025
643,489
-
643,489
At 31 March 2024
720,637
213
720,850
Amounts falling due within one year
Rival Fishing Co Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
16,461
9,754
Loans from directors
389,598
543,072
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).