Silverfin false false 31/07/2025 01/08/2024 31/07/2025 Chantal Christina Pirie 21/10/2024 13/07/2012 George West Pirie 13/07/2012 03 April 2026 The principal activity of the Company during the financial year was the supply of labour to vessels in the fishing industry. The Company also has a share in a fishing vessel. SC428291 2025-07-31 SC428291 bus:Director1 2025-07-31 SC428291 bus:Director2 2025-07-31 SC428291 2024-07-31 SC428291 core:CurrentFinancialInstruments 2025-07-31 SC428291 core:CurrentFinancialInstruments 2024-07-31 SC428291 core:ShareCapital 2025-07-31 SC428291 core:ShareCapital 2024-07-31 SC428291 core:RetainedEarningsAccumulatedLosses 2025-07-31 SC428291 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC428291 core:LandBuildings 2024-07-31 SC428291 core:ComputerEquipment 2024-07-31 SC428291 core:LandBuildings 2025-07-31 SC428291 core:ComputerEquipment 2025-07-31 SC428291 core:CostValuation 2024-07-31 SC428291 core:FurtherSpecificIncreaseDecreaseInInvestments2ComponentTotalChangeInInvestments 2025-07-31 SC428291 core:CostValuation 2025-07-31 SC428291 bus:OrdinaryShareClass1 2025-07-31 SC428291 bus:OrdinaryShareClass2 2025-07-31 SC428291 2024-08-01 2025-07-31 SC428291 bus:FilletedAccounts 2024-08-01 2025-07-31 SC428291 bus:SmallEntities 2024-08-01 2025-07-31 SC428291 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 SC428291 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC428291 bus:Director1 2024-08-01 2025-07-31 SC428291 bus:Director2 2024-08-01 2025-07-31 SC428291 core:LandBuildings core:TopRangeValue 2024-08-01 2025-07-31 SC428291 core:ComputerEquipment core:TopRangeValue 2024-08-01 2025-07-31 SC428291 2023-08-01 2024-07-31 SC428291 core:LandBuildings 2024-08-01 2025-07-31 SC428291 core:ComputerEquipment 2024-08-01 2025-07-31 SC428291 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 SC428291 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 SC428291 bus:OrdinaryShareClass2 2024-08-01 2025-07-31 SC428291 bus:OrdinaryShareClass2 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC428291 (Scotland)

# ARP FISHING LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH THE REGISTRAR

ARP FISHING LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2025

Contents

ARP FISHING LIMITED

## BALANCE SHEET

AS AT 31 JULY 2025
ARP FISHING LIMITED

## BALANCE SHEET (continued)

AS AT 31 JULY 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 2,555 |  | 4,877
Investments | 4 | 372,433 |  | 384,442
|  | 374,988 |  | 389,319
Current assets |  |  |  |
Debtors | 5 | 6,600 |  | 12,893
Cash at bank and in hand |  | 76,243 |  | 86,484
|  | 82,843 |  | 99,377
Creditors: amounts falling due within one year | 6 | ( 48,155) |  | ( 62,971)
Net current assets |  | 34,688 |  | 36,406
Total assets less current liabilities |  | 409,676 |  | 425,725
Provision for liabilities |  | ( 14,626) |  | ( 14,851)
Net assets |  | 395,050 |  | 410,874
Capital and reserves |  |  |  |
Called-up share capital | 7 | 1,100 |  | 1,100
Profit and loss account |  | 393,950 |  | 409,774
Total shareholders' funds |  | 395,050 |  | 410,874

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 financial statements for the financial year in accordance with section 476;
- The director acknowledges 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 ARP Fishing Limited (registered number: SC428291) were approved and authorised for issue by the Director on 03 April 2026. They were signed on its behalf by:

George West Pirie Director |

ARP FISHING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2025
ARP FISHING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 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 year, unless otherwise stated.

##### General information and basis of accounting

ARP Fishing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 51 Knock Street, Whitehills, Banff, AB45 2NW, United Kingdom.
The financial statements have been prepared under the historical cost convention 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 £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents amounts receivable for the provision of labour services and is recognised when the service is provided, on an accruals basis.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### 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 Balance Sheet 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, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line over its expected useful life, as follows:

Land and buildings | 5 years straight line
Computer equipment | 4 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
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.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Financial assets
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 2

#### 3. Tangible assets

| Land and buildings |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 August 2024 | 12,511 |  | 1,569 |  | 14,080
Additions | 0 |  | 907 |  | 907
Disposals | 0 |  | ( 798) |  | ( 798)
At 31 July 2025 | 12,511 |  | 1,678 |  | 14,189
Accumulated depreciation |  |  |  |  |
At 01 August 2024 | 8,278 |  | 925 |  | 9,203
Charge for the financial year | 2,502 |  | 283 |  | 2,785
Disposals | 0 |  | ( 354) |  | ( 354)
At 31 July 2025 | 10,780 |  | 854 |  | 11,634
Net book value |  |  |  |  |
At 31 July 2025 | 1,731 |  | 824 |  | 2,555
At 31 July 2024 | 4,233 |  | 644 |  | 4,877

#### 4. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 August 2024 | 384,442 |  | 384,442
Drawings | ( 4,812) |  | ( 4,812)
Share of limited liability partnership loss | (7,197) |  | (7,197)
At 31 July 2025 | 372,433 |  | 372,433
Carrying value at 31 July 2025 | 372,433 |  | 372,433
Carrying value at 31 July 2024 | 384,442 |  | 384,442

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 6,600 |  | 12,893

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

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 10,076 |  | 23,203
Other creditors | 38,079 |  | 39,768
| 48,155 |  | 62,971

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 B Ordinary shares of £ 1.00 each | 100 |  | 100
1,000 A Ordinary shares of £ 1.00 each | 1,000 |  | 1,000
| 1,100 |  | 1,100

#### 8. Financial commitments

Commitments

| 2025 |  | 2024
| £ |  | £
Total future minimum lease payments under non-cancellable operating leases | 6,759 |  | 14,870

#### 9. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Amounts due to directors | 35,053 |  | 37,729

The loan has no fixed repayment terms, no interest and no guarantees have been given or received.