REGISTERED NUMBER: 13137476 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2024

for

County Fisheries Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms K L Savidge

L A Savidge

REGISTERED OFFICE:

41 Priors Close

New Waltham

Grimsby

North East Lincs

DN36 4QZ

REGISTERED NUMBER:

13137476 (England and Wales)

FIXED ASSETS

Tangible assets

4

12,607

12,859

CURRENT ASSETS

Debtors

5

55,999

50,663

Cash at bank and in hand

2,248

852

58,247

51,515

CREDITORS

Amounts falling due within one year

6

66,520

63,791

NET CURRENT LIABILITIES

(8,273

)

(12,276

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,334

583

PROVISIONS FOR LIABILITIES

3,152

-

NET ASSETS

1,182

583

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,180

581

1,182

583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

L A Savidge - Director

1.	STATUTORY INFORMATION

County Fisheries Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2023

21,789

Additions

4,056

At 31 January 2024

25,845

DEPRECIATION

At 1 February 2023

8,930

Charge for year

4,308

At 31 January 2024

13,238

NET BOOK VALUE

At 31 January 2024

12,607

At 31 January 2023

12,859

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.24

31.1.23

£

£

Trade debtors

19,333

13,779

Other debtors

36,666

36,884

55,999

50,663

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.24

31.1.23

£

£

Hire purchase contracts

7,918

11,516

Trade creditors

31,317

32,333

Taxation and social security

15,906

17,442

Other creditors

11,379

2,500

66,520

63,791

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.24

31.1.23

£

£

Hire purchase contracts

7,918

-

The amounts owed under hire purchase are secured against the assets that the loan relates to.