Company Registration No. 15313946 (England and Wales)
Float Fish Farm & Fishery Ltd
Unaudited accounts for filing with the registrar
for the year ended 30 November 2025
Float Fish Farm & Fishery Ltd
Unaudited accounts for filing with the registrar
Contents
Float Fish Farm & Fishery Ltd
Statement of financial position
as at 30 November 2025
Intangible assets
1,374,842
1,433,842
Tangible assets
27,518
25,903
Inventories
56,897
155,550
Cash at bank and in hand
16,970
43,311
Creditors: amounts falling due within one year
(105,860)
(80,959)
Net current (liabilities)/assets
(15,772)
133,935
Total assets less current liabilities
1,386,588
1,593,680
Creditors: amounts falling due after more than one year
(1,424,825)
(1,546,104)
Provisions for liabilities
Deferred tax
(5,229)
(4,922)
Net (liabilities)/assets
(43,466)
42,654
Profit and loss account
(43,466)
42,654
Shareholders' funds
(43,466)
42,654
For the year ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 10 June 2026 and were signed on its behalf by
Jamie Holliman-Lane
Director
Company Registration No. 15313946
Float Fish Farm & Fishery Ltd
Notes to the Accounts
for the year ended 30 November 2025
Float Fish Farm & Fishery Ltd is a private company, limited by shares, registered in England and Wales, registration number 15313946. The registered office is FLOAT FISH FARM, RAMSEY ROAD, FARCET, PETERBOROUGH, PE7 3DZ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Float Fish Farm & Fishery Ltd
Notes to the Accounts
for the year ended 30 November 2025
4
Intangible fixed assets
Total
At 1 December 2024
1,463,092
At 30 November 2025
1,463,092
Other increase/(decrease)
50,000
At 30 November 2025
88,250
At 30 November 2025
1,374,842
At 30 November 2024
1,433,842
5
Tangible fixed assets
Total
At 30 November 2025
39,351
At 30 November 2025
11,833
At 30 November 2025
27,518
At 30 November 2024
25,903
6
Deferred taxation
2025
2024
Accelerated capital allowances
5,229
4,922
Provision at start of year
4,922
-
Charged to the profit and loss account
307
4,922
Provision at end of year
5,229
4,922
Float Fish Farm & Fishery Ltd
Notes to the Accounts
for the year ended 30 November 2025
7
Operating lease commitments
2025
2024
At 30 November 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
50,000
45,000
Later than one year and not later than five years
200,000
200,000
Later than five years
850,000
955,000
8
Transactions with related parties
As at 30 November 2025 there were loans owed to the directors totalling £224,825 (2024: £241,424). These loans are currently interest free and repayable at the discretion of the directors.
9
Average number of employees
During the year the average number of employees was 4 (2024: 5).