A FISH IN SEA LIMITED - Filleted accounts

Registered number

05666902

A FISH IN SEA LIMITED

Filleted Accounts

28 February 2026

A FISH IN SEA LIMITED
Registered number:		05666902
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		1,086			1,448

Current assets
Debtors	5	40,146			36,139
Cash at bank and in hand		51,563			17,599
		91,709			53,738

Creditors: amounts falling due within one year	6	(16,455)			(14,963)

Net current assets			75,254			38,775

Total assets less current liabilities			76,340			40,223

Creditors: amounts falling due after more than one year	7		(459)			(104)



Net assets			75,881			40,119

Capital and reserves
Called up share capital			1			1
Profit and loss account			75,880			40,118

Shareholders' funds			75,881			40,119

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Mursell
Director
Approved by the board on 5 June 2026

A FISH IN SEA LIMITED
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	25% reducing balance method
	Fixtures, fittings, tools and equipment	25% reducing balance method

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		3


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 March 2025					10,000
	At 28 February 2026					10,000

	Amortisation
	At 1 March 2025					10,000
	At 28 February 2026					10,000

	Net book value
	At 28 February 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2025	25,925		18,570		44,495
	At 28 February 2026	25,925		18,570		44,495

	Depreciation
	At 1 March 2025	25,523		17,524		43,047
	Charge for the year	101		261		362
	At 28 February 2026	25,624		17,785		43,409

	Net book value
	At 28 February 2026	301		785		1,086
	At 28 February 2025	402		1,046		1,448


5	Debtors			2026		2025
£					£

	Trade debtors			43,637		39,282
	Other debtors			(3,491)		(3,143)
				40,146		36,139


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			10		-
	Trade creditors			3,102		4,869
	Taxation and social security costs			11,093		7,845
	Other creditors			2,250		2,249
				16,455		14,963


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Pension liability			459		104


8	Controlling party

	The company is under the control of Mr M Mursell, the Managing Director and majority shareholder.


9	Other information

	A FISH IN SEA LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Kinly
	Giddy Lake
	Wimborne
	England
	BH21 2QT