REGISTERED NUMBER: 14850699 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

City Fish Brokers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C Hanks

N K King

Ms K G Luckett

J McGinn

REGISTERED OFFICE:

17 Caldbeck

Waltham Abbey

Essex

EN9 1UR

REGISTERED NUMBER:

14850699 (England and Wales)

ACCOUNTANTS:

Abbey Tax and Accountancy Limited

17 Caldbeck

Waltham Abbey

Essex

EN9 1UR

FIXED ASSETS

Tangible assets

4

153,698

85,270

CURRENT ASSETS

Stocks

127,486

38,450

Debtors

5

520,247

406,469

Cash at bank and in hand

43,390

72,692

691,123

517,611

CREDITORS

Amounts falling due within one year

6

643,104

424,014

NET CURRENT ASSETS

48,019

93,597

TOTAL ASSETS LESS CURRENT LIABILITIES

201,717

178,867

CREDITORS

Amounts falling due after more than one year

7

98,963

98,783

NET ASSETS

102,754

80,084

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

102,753

80,083

102,754

80,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by:

N K King - Director

1.	STATUTORY INFORMATION

City Fish Brokers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

86,784

833

23,750

2,327

113,694

Additions

13,647

4,037

42,433

8,311

68,428

At 31 May 2025

100,431

4,870

66,183

10,638

182,122

DEPRECIATION

At 1 June 2024

and 31 May 2025

21,696

208

5,938

582

28,424

NET BOOK VALUE

At 31 May 2025

78,735

4,662

60,245

10,056

153,698

At 31 May 2024

65,088

625

17,812

1,745

85,270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

443,077

365,220

Other debtors

77,170

41,249

520,247

406,469

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

9,336

-

Trade creditors

627,193

421,651

Taxation and social security

5,075

2,363

Other creditors

1,500

-

643,104

424,014

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Other creditors

98,963

98,783