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Company Registration No. SC335513 (Scotland)
Kenning Fishing Limited Unaudited accounts for the year ended 31 March 2026
Kenning Fishing Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kenning Fishing Limited Company Information for the year ended 31 March 2026
Directors
Anthony Kenning Elizabeth Kenning
Secretary
Elizabeth Kenning
Company Number
SC335513 (Scotland)
Registered Office
2 EARLSGATE CROSSLEE JOHNSTONE PA6 7FB SCOTLAND
Accountants
Ascent Accounting Ltd Studio 106 Embroidery Mill Seedhill Paisley PA1 1TJ
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Kenning Fishing Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
57,057
81,357
Current assets
Debtors
5
90,000
-
Cash at bank and in hand
247,208
331,566
337,208
331,566
Creditors: amounts falling due within one year
6
(13,494)
(11,181)
Net current assets
323,714
320,385
Total assets less current liabilities
380,771
401,742
Creditors: amounts falling due after more than one year
7
(112)
(370)
Net assets
380,659
401,372
Capital and reserves
Called up share capital
2
2
Profit and loss account
380,657
401,370
Shareholders' funds
380,659
401,372
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by
Anthony Kenning Director Company Registration No. SC335513
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Kenning Fishing Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Kenning Fishing Limited is a private company, limited by shares, registered in Scotland, registration number SC335513. The registered office is 2 EARLSGATE, CROSSLEE, JOHNSTONE, PA6 7FB, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
5% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
50,044
76,393
37,400
163,837
Disposals
-
-
(37,400)
(37,400)
At 31 March 2026
50,044
76,393
-
126,437
Depreciation
At 1 April 2025
21,136
29,224
32,120
82,480
Charge for the year
7,227
11,793
-
19,020
On disposals
-
-
(32,120)
(32,120)
At 31 March 2026
28,363
41,017
-
69,380
Net book value
At 31 March 2026
21,681
35,376
-
57,057
At 31 March 2025
28,908
47,169
5,280
81,357
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Kenning Fishing Limited Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due after more than one year
Amounts due from group undertakings etc.
90,000
-
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
2,199
1,429
Taxes and social security
6,722
(5,648)
Other creditors
1,573
12,400
Accruals
3,000
3,000
13,494
11,181
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Loans from directors
112
370
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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