REGISTERED NUMBER: SC263291 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Amity Fish Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Buchan

Mrs I Buchan

REGISTERED OFFICE:

5a Seagate

Peterhead

AB42 1JP

REGISTERED NUMBER:

SC263291 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Intangible assets

4

1,239

1,652

Tangible assets

5

126,674

150,738

127,913

152,390

CURRENT ASSETS

Stocks

75,913

72,695

Debtors

6

179,460

91,017

Cash at bank and in hand

74,180

128,744

329,553

292,456

CREDITORS

Amounts falling due within one year

7

198,533

161,890

NET CURRENT ASSETS

131,020

130,566

TOTAL ASSETS LESS CURRENT LIABILITIES

258,933

282,956

CREDITORS

Amounts falling due after more than one year

8

(56,987

)

(79,399

)

ACCRUALS AND DEFERRED INCOME

(22,933

)

(26,980

)

NET ASSETS

179,013

176,577

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

178,913

176,477

SHAREHOLDERS' FUNDS

179,013

176,577

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

Mr J Buchan - Director

1.	STATUTORY INFORMATION

Amity Fish Co Limited is a private company, limited by shares , registered in Scotland. 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 represents the amounts (excluding value added tax) derived from the provision of goods to customers. Revenue is recognised at the point of sale.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Brand and website costs are being amortised evenly over their estimated useful life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

30,860

AMORTISATION

At 1 January 2025

29,208

Charge for year

413

At 31 December 2025

29,621

NET BOOK VALUE

At 31 December 2025

1,239

At 31 December 2024

1,652

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

48,749

99,934

72,490

140

221,313

Additions

-

1,971

-

2,016

3,987

At 31 December 2025

48,749

101,905

72,490

2,156

225,300

DEPRECIATION

At 1 January 2025

9,653

42,753

18,123

46

70,575

Charge for year

4,875

8,873

13,591

712

28,051

At 31 December 2025

14,528

51,626

31,714

758

98,626

NET BOOK VALUE

At 31 December 2025

34,221

50,279

40,776

1,398

126,674

At 31 December 2024

39,096

57,181

54,367

94

150,738

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

72,490

DEPRECIATION

At 1 January 2025

18,123

Charge for year

13,591

At 31 December 2025

31,714

NET BOOK VALUE

At 31 December 2025

40,776

At 31 December 2024

54,367

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

154,121

82,262

Other debtors

25,339

8,755

179,460

91,017

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

10,970

10,156

Hire purchase contracts (see note 9)

11,472

11,472

Trade creditors

163,336

128,734

Taxation and social security

5,986

2,752

Other creditors

6,769

8,776

198,533

161,890

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

10,940

Hire purchase contracts (see note 9)

26,987

38,459

Other creditors

30,000

30,000

56,987

79,399

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

11,472

11,472

Between one and five years

26,987

38,459

38,459

49,931

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

20,565

19,937

Between one and five years

39,255

-

59,820

19,937

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr J Buchan

Balance outstanding at start of year

(740

)

(331,197

)

Amounts advanced

10,270

330,457

Amounts repaid

(2,262

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,268

(740

)