Company No: 12722939 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

Mrs E Harrison

REGISTERED OFFICE	Camburgh House
	27 New Dover Road
	Canterbury
	CT1 3DN
	United Kingdom

COMPANY NUMBER

12722939 (England and Wales)

ACCOUNTANT	Burgess Hodgson Limited
	Camburgh House
	27 New Dover Road
	Canterbury
	Kent
	CT1 3DN
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	17,857		17,407
		17,857		17,407
Current assets
Debtors	5	252,974		223,038
Cash at bank and in hand		41,547		5,977
		294,521		229,015
Creditors: amounts falling due within one year	6	( 309,799)		( 265,984)
Net current liabilities		(15,278)		(36,969)
Total assets less current liabilities		2,579		(19,562)
Provision for liabilities		( 2,565)		( 2,453)
Net assets/(liabilities)		14		( 22,015)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		13		( 22,016 )
Total shareholder's funds/(deficit)		14		( 22,015)

For the financial year ending 31 January 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 member has 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 Monk Lakes Fishery Limited (registered number: 12722939) were approved and authorised for issue by the Director on 29 April 2026. They were signed on its behalf by:

Mrs E Harrison Director

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

Monk Lakes Fishery 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 Camburgh House, 27 New Dover Road, Canterbury, CT1 3DN, 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 £.

Going concern

The director has assessed the Statement of Financial Position 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 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:

Leasehold improvements	not depreciated
Plant and machinery	5 years straight line
Vehicles	25 % reducing balance

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.

Impairment of assets

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

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has 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

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	4		4

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 01 February 2024	7,595		18,159		0		25,754
Additions	0		2,486		2,000		4,486
At 31 January 2025	7,595		20,645		2,000		30,240
Accumulated depreciation
At 01 February 2024	0		8,347		0		8,347
Charge for the financial year	0		3,880		156		4,036
At 31 January 2025	0		12,227		156		12,383
Net book value
At 31 January 2025	7,595		8,418		1,844		17,857
At 31 January 2024	7,595		9,812		0		17,407

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	194,560		145,858
Corporation tax	0		69
Other debtors	58,414		77,111
	252,974		223,038

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	11,707		8,658
Taxation and social security	25,892		2,340
Other creditors	272,200		254,986
	309,799		265,984

7. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
At the year end the company was owed the following amount by the parent company:	194,560		145,858

8. Ultimate controlling party

The company's ultimate parent company is Merrymove Limited, a company incorporated in England and Wales. Merrymove Limited's registered address is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.