SPH Fisheries Ltd 12773906 false 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is that of freshwater fishing. Digita Accounts Production Advanced 6.30.9574.0 true true 12773906 2024-08-01 2025-07-31 12773906 2025-07-31 12773906 core:RetainedEarningsAccumulatedLosses 2025-07-31 12773906 core:ShareCapital 2025-07-31 12773906 core:CurrentFinancialInstruments 2025-07-31 12773906 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 12773906 core:FurnitureFittingsToolsEquipment 2025-07-31 12773906 core:LandBuildings 2025-07-31 12773906 bus:SmallEntities 2024-08-01 2025-07-31 12773906 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 12773906 bus:FilletedAccounts 2024-08-01 2025-07-31 12773906 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12773906 bus:RegisteredOffice 2024-08-01 2025-07-31 12773906 bus:Director1 2024-08-01 2025-07-31 12773906 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12773906 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 12773906 core:Land 2024-08-01 2025-07-31 12773906 core:LandBuildings 2024-08-01 2025-07-31 12773906 core:OfficeEquipment 2024-08-01 2025-07-31 12773906 core:PlantMachinery 2024-08-01 2025-07-31 12773906 countries:EnglandWales 2024-08-01 2025-07-31 12773906 2024-07-31 12773906 core:FurnitureFittingsToolsEquipment 2024-07-31 12773906 core:LandBuildings 2024-07-31 12773906 2023-08-01 2024-07-31 12773906 2024-07-31 12773906 core:RetainedEarningsAccumulatedLosses 2024-07-31 12773906 core:ShareCapital 2024-07-31 12773906 core:CurrentFinancialInstruments 2024-07-31 12773906 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 12773906 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-07-31 12773906 core:FurnitureFittingsToolsEquipment 2024-07-31 12773906 core:LandBuildings 2024-07-31 12773906 core:PreviouslyStatedAmount 2024-07-31 iso4217:GBP xbrli:pure

Registration number: 12773906

SPH Fisheries Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

SPH Fisheries Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

SPH Fisheries Ltd

(Registration number: 12773906)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 134,658 | 130,820
Current assets |  |  |
Stocks | 5 | 423 | 1,147
Debtors | 6 | 20 | 20
Cash at bank and in hand |  | 1,342 | 2,372
|  | 1,785 | 3,539
Creditors: Amounts falling due within one year | 7 | (183,852) | (181,042)
Net current liabilities |  | (182,067) | (177,503)
Net liabilities |  | (47,409) | (46,683)
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | (48,409) | (47,683)
Shareholders' deficit |  | (47,409) | (46,683)

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 February 2026

......................................... Mr S P Harrison Director

SPH Fisheries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Hazelwood Gardens
Edenthorpe
Doncaster
DN3 2EL

These financial statements were authorised for issue by the director on 6 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis but for the reasons set out in the directors report this may not be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

SPH Fisheries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold land | not depreciated
Plant and machinery | 25% reducing balance
Office equipment | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

SPH Fisheries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 August 2024 | 121,093 | 18,258 | 139,351
Additions | - | 8,366 | 8,366
At 31 July 2025 | 121,093 | 26,624 | 147,717
Depreciation
At 1 August 2024 | - | 8,531 | 8,531
Charge for the year | - | 4,528 | 4,528
At 31 July 2025 | - | 13,059 | 13,059
Carrying amount
At 31 July 2025 | 121,093 | 13,565 | 134,658
At 31 July 2024 | 121,093 | 9,727 | 130,820

Included within the net book value of land and buildings above is £121,093 (2024 - £121,093) in respect of freehold land and buildings.

SPH Fisheries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 423 | 1,147

6 | Debtors

| 2025 £ | 2024 £
Prepayments | 20 | 20
| 20 | 20

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to related parties |  | 182,562 | 179,818
Accrued expenses |  | 1,290 | 1,224
|  | 183,852 | 181,042