Victoria Fish Bar Presteigne Ltd

Registered Number: 12843216 Victoria Fish Bar Presteigne Ltd
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	10,810	10,810
Tangible fixed assets	4	32,073	32,170
		42,883	42,980
Current assets
Stocks	5	475	560
Cash at bank and in hand		4,465	10,213
		4,940	10,773
Creditors: amount falling due within one year	6	(48,702)	(48,703)
Net current assets		(43,762)	(37,930)

Total assets less current liabilities		(879)	5,050
Creditors: amount falling due after more than one year	7	1,247	-
Net assets		368	5,050

Capital and reserves
Called up share capital		100	-
Share premium account	8	-	100
Profit and loss account		268	4,950
Shareholders' funds		368	5,050

For the year ended 31 August 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 accounts for the year in question 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 accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 21 May 2026 and were signed on its behalf by:

-------------------------------
Mr DAVID PICKARD
Director

Victoria Fish Bar Presteigne Ltd
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

Victoria Fish Bar Presteigne Ltd is a private company, limited by shares, registered in England and Wales, registration number 12843216, registration address 52 High Street, Presteigne, Powys, LD8 2BE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

15% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 4).

Intangible fixed assets

Cost	Goodwill	Other	Total
	£	£	£
At 01 September 2024	40,810	-	40,810
Additions	-	-	-
Disposals	-	-	-
At 31 August 2025	40,810	-	40,810
Net book values
At 31 August 2025	40,810	(30,000)	10,810
At 31 August 2024	40,810	(30,000)	10,810

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Total
	£	£	£
At 01 September 2024	30,000	20,840	50,840
Additions	-	269	269
Disposals	-	-	-
At 31 August 2025	30,000	21,109	51,109
Depreciation
At 01 September 2024	-	18,670	18,670
Charge for year	-	366	366
On disposals	-	-	-
At 31 August 2025	-	19,036	19,036
Net book values
Closing balance as at 31 August 2025	30,000	2,073	32,073
Opening balance as at 01 September 2024	30,000	2,170	32,170

Stocks

	2025 £		2024 £
Stocks	475		560
	475		560

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	2,361	215
Corporation Tax	1,763	2,755
PAYE & Social Security	412	-
Accrued Expenses	1,001	578
Directors' Current Accounts	41,848	41,714
VAT	1,317	3,441
	48,702	48,703

Creditors: amount falling due after more than one year

	2025 £		2024 £
Amounts Owed to Group Undertakings	(1,247)		-
	(1,247)		-

Share premium account

	2025 £		2024 £
Equity Share Premium b/fwd	-		100
	-		100

Registered Number: 12843216
England and Wales
VICTORIA FISH BAR PRESTEIGNE LTD

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025