J S Fish Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of J S Fish Limited for the year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J S Fish Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of J S Fish Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of J S Fish Limited and state those matters that we have agreed to state to the directors of J S Fish Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J S Fish Limited and its directors as a body for our work or for this report.

It is your duty to ensure that J S Fish Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J S Fish Limited . You consider that J S Fish Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of J S Fish Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

29 April 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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J S Fish Limited

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: SC239515

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,500		5,000
Tangible Assets	5		3,400		4,532

			5,900		9,532
CURRENT ASSETS
Debtors	6	12,663		16,228
Cash at bank and in hand		54,419		55,871

		67,082		72,099
Creditors: Amounts Falling Due Within One Year	7	(88,557 )		(82,663 )

NET CURRENT ASSETS (LIABILITIES)			(21,475 )		(10,564 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,575 )		(1,032 )

NET LIABILITIES			(15,575 )		(1,032 )

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			(15,577 )		(1,034 )

SHAREHOLDERS' FUNDS			(15,575)		(1,032)

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J S Fish Limited

Balance Sheet (continued)

As At 31 August 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 28 April 2026 and were signed on its behalf by:

Mr J Stephen

Director

The notes on pages 4 to 6 form part of these financial statements.

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J S Fish Limited

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

J S Fish Limited is a private company, limited by shares, incorporated in Scotland, registered number SC239515 . The registered office is 4 Russell Road, Aberdeen, AB11 5RB.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which assumes the company will continue trading for a period of no less than 12 months from the date of this report.

The director's acknowledge the negative balance sheet position and have given assurance that they will continue to sipport the company in order for it to meet its obligations as they fall due by making funds available and not calling on the director's loan accounts for repayment until the company is in such a position to be able to make repayments.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

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J S Fish Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.7. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	25,000

As at 31 August 2025	25,000

Amortisation
As at 1 September 2024	20,000
Provided during the period	2,500

As at 31 August 2025	22,500

Net Book Value
As at 31 August 2025	2,500

As at 1 September 2024	5,000

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J S Fish Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 September 2024	6,917	44,110	51,027

As at 31 August 2025	6,917	44,110	51,027

Depreciation
As at 1 September 2024	5,228	41,267	46,495
Provided during the period	422	710	1,132

As at 31 August 2025	5,650	41,977	47,627

Net Book Value
As at 31 August 2025	1,267	2,133	3,400

As at 1 September 2024	1,689	2,843	4,532

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,795	10,200
Other debtors	4,751	3,415
VAT	1,117	2,613

	12,663	16,228

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,153	2,767
Corporation tax	(94 )	159
Accruals and deferred income	11,700	2,641
Directors' loan accounts	65,798	77,096

	88,557	82,663

8. Provisions for Liabilities

9. Directors Advances, Credits and Guarantees

Included within creditors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr James Stephen	(77,096 )	11,922	624	-	(65,798 )

The above loan is interest free and has no fixed repayment terms.

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