Company Registration No. 10941903 (England and Wales)
Innovator Fisheries Limited
Unaudited accounts
for the year ended 30 September 2025
Innovator Fisheries Limited
Unaudited accounts
Contents
Innovator Fisheries Limited
Company Information
for the year ended 30 September 2025
Company Number
10941903 (England and Wales)
Registered Office
UNIT 22 ST MARYS YARD
HORSEPOOL STREET
BRIXHAM
TQ5 9LD
UNITED KINGDOM
Accountants
Offshore Private Client Limited
Innovator Fisheries Limited
Statement of financial position
as at 30 September 2025
Tangible assets
3,851
5,135
Cash at bank and in hand
1,565
1,098
Creditors: amounts falling due within one year
(66,588)
(65,550)
Net current liabilities
(64,539)
(63,892)
Net liabilities
(60,688)
(58,757)
Called up share capital
2
2
Profit and loss account
(60,690)
(58,759)
Shareholders' funds
(60,688)
(58,757)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 21 June 2026 and were signed on its behalf by
P Munro
Director
Company Registration No. 10941903
Innovator Fisheries Limited
Notes to the Accounts
for the year ended 30 September 2025
Innovator Fisheries Limited is a private company, limited by shares, registered in England and Wales, registration number 10941903. The registered office is UNIT 22 ST MARYS YARD, HORSEPOOL STREET, BRIXHAM, TQ5 9LD, 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.
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.
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:
Motor vehicles
25% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Innovator Fisheries Limited
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Motor vehicles
At 30 September 2025
22,890
At 30 September 2025
19,039
At 30 September 2025
3,851
At 30 September 2024
5,135
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
711
Trade creditors
64,671
62,509
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).