Silverfin false false 31/03/2025 01/04/2024 31/03/2025 C D'Sylva 19/01/2017 L Lindfors 25/01/2024 T Rolph 15/08/2025 T Wright 15/08/2025 23 December 2025 The principal activity of the company in the year under review was that of retailer of fresh fish, meat and other food products. 10572894 2025-03-31 10572894 bus:Director1 2025-03-31 10572894 bus:Director2 2025-03-31 10572894 bus:Director3 2025-03-31 10572894 bus:Director4 2025-03-31 10572894 2024-03-31 10572894 core:CurrentFinancialInstruments 2025-03-31 10572894 core:CurrentFinancialInstruments 2024-03-31 10572894 core:ShareCapital 2025-03-31 10572894 core:ShareCapital 2024-03-31 10572894 core:RetainedEarningsAccumulatedLosses 2025-03-31 10572894 core:RetainedEarningsAccumulatedLosses 2024-03-31 10572894 core:LandBuildings 2024-03-31 10572894 core:OtherPropertyPlantEquipment 2024-03-31 10572894 core:LandBuildings 2025-03-31 10572894 core:OtherPropertyPlantEquipment 2025-03-31 10572894 bus:OrdinaryShareClass1 2025-03-31 10572894 bus:OrdinaryShareClass2 2025-03-31 10572894 core:WithinOneYear 2025-03-31 10572894 core:WithinOneYear 2024-03-31 10572894 core:BetweenOneFiveYears 2025-03-31 10572894 core:BetweenOneFiveYears 2024-03-31 10572894 2024-04-01 2025-03-31 10572894 bus:FilletedAccounts 2024-04-01 2025-03-31 10572894 bus:SmallEntities 2024-04-01 2025-03-31 10572894 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10572894 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10572894 bus:Director1 2024-04-01 2025-03-31 10572894 bus:Director2 2024-04-01 2025-03-31 10572894 bus:Director3 2024-04-01 2025-03-31 10572894 bus:Director4 2024-04-01 2025-03-31 10572894 core:LandBuildings core:TopRangeValue 2024-04-01 2025-03-31 10572894 core:OtherPropertyPlantEquipment core:BottomRangeValue 2024-04-01 2025-03-31 10572894 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-04-01 2025-03-31 10572894 2023-08-01 2024-03-31 10572894 core:LandBuildings 2024-04-01 2025-03-31 10572894 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 10572894 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10572894 bus:OrdinaryShareClass1 2023-08-01 2024-03-31 10572894 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10572894 bus:OrdinaryShareClass2 2023-08-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10572894 (England and Wales)

# NOTTING HILL FISH SHOP LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

NOTTING HILL FISH SHOP LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

NOTTING HILL FISH SHOP LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
NOTTING HILL FISH SHOP LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025

| Note | 31.03.2025 |  | 31.03.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 205,916 |  | 217,338
|  | 205,916 |  | 217,338
Current assets |  |  |  |
Stocks | 5 | 137,838 |  | 62,344
Debtors | 6 | 1,126,052 |  | 566,351
Cash at bank and in hand | 7 | 389,007 |  | 188,521
|  | 1,652,897 |  | 817,216
Creditors: amounts falling due within one year | 8 | ( 1,268,666) |  | ( 997,796)
Net current assets/(liabilities) |  | 384,231 |  | (180,580)
Total assets less current liabilities |  | 590,147 |  | 36,758
Net assets |  | 590,147 |  | 36,758
Capital and reserves |  |  |  |
Called-up share capital | 9 | 2 |  | 2
Profit and loss account |  | 590,145 |  | 36,756
Total shareholders' funds |  | 590,147 |  | 36,758

For the financial 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the financial year 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 financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Notting Hill Fish Shop Limited (registered number: 10572894) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

T Rolph Director |

23 December 2025

NOTTING HILL FISH SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
NOTTING HILL FISH SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

Notting Hill Fish Shop Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Unit 5 The Westway Centre, 69 St Marks Road, London, W10 6JG, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 10 years straight line
Plant and machinery etc. | 3 - 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

#### 3. Employees

| Year ended 31.03.2025 |  | Period from 01.08.2023 to 31.03.2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 92 |  | 81

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 April 2024 | 202,034 |  | 220,464 |  | 422,498
Additions | 0 |  | 35,200 |  | 35,200
At 31 March 2025 | 202,034 |  | 255,664 |  | 457,698
Accumulated depreciation |  |  |  |  |
At 01 April 2024 | 65,979 |  | 139,181 |  | 205,160
Charge for the financial year | 20,203 |  | 26,419 |  | 46,622
At 31 March 2025 | 86,182 |  | 165,600 |  | 251,782
Net book value |  |  |  |  |
At 31 March 2025 | 115,852 |  | 90,064 |  | 205,916
At 31 March 2024 | 136,055 |  | 81,283 |  | 217,338

#### 5. Stocks

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Stocks | 137,838 |  | 62,344

#### 6. Debtors

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade debtors | 67,945 |  | 176,212
Amounts owed by group undertakings | 940,142 |  | 0
Deferred tax asset | 0 |  | 36,376
Other debtors | 117,965 |  | 353,763
| 1,126,052 |  | 566,351

#### 7. Cash and cash equivalents

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Cash at bank and in hand | 389,007 |  | 188,521

#### 8. Creditors: amounts falling due within one year

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade creditors | 607,448 |  | 606,582
Amounts owed to group undertakings | 82,302 |  | 91,931
Taxation and social security | 153,617 |  | 68,585
Other creditors | 425,299 |  | 230,698
| 1,268,666 |  | 997,796

#### 9. Called-up share capital

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
142 Ordinary shares of £ 0.01 each | 1.42 |  | 1.42
71 Ordinary B shares of £ 0.01 each | 0.71 |  | 0.71
| 2.13 |  | 2.13

#### 10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 31.03.2025 |  | 31.03.2024
| £ |  | £
within one year | 150,000 |  | 170,000
between one and five years | 600,000 |  | 168,333
Total future minimum lease payments under non-cancellable operating leases | 750,000 |  | 338,333

#### 11. Related party transactions

Other related party transactions

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Dorian Restaurants Limited | 77,981 |  | 86,495
Supermarket Of Dreams Limited | 668,311 |  | (72,903)
Schmaltz Limted | (82,302) |  | (19,028)
Urchin Japanese Bistro Limited | 193,850 |  | 0

The above debtors/(creditors) relate to companies incorporated in England and Wales. The entities are related by virtue of their shared ownership. Interest is charged/(credited) at a rate of 5%.