ALDEBURGH FISH AND CHIP SHOP COMPANY LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 04659333 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2026

for

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Cooney

Mrs Z Cooney

Mr A Cooney

SECRETARY:

Mrs Z Cooney

REGISTERED OFFICE:

30 Linden Road

ALDEBURGH

Suffolk

IP15 5JH

REGISTERED NUMBER:

04659333 (England and Wales)

ACCOUNTANTS:

Turner & Ellerby

Chartered Certified Accountants

5 Church Street

Framlingham

Woodbridge

Suffolk

IP13 9BQ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

153,618

160,366

Investment property

6

856,351

1,009,969

1,016,717

CURRENT ASSETS

Stocks

12,500

Debtors

7

30,284

32,051

Investments

8

334,102

319,332

Cash at bank and in hand

757,699

584,153

1,134,585

948,036

CREDITORS

Amounts falling due within one year

9

296,333

176,795

NET CURRENT ASSETS

838,252

771,241

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,848,221

1,787,958

PROVISIONS FOR LIABILITIES

11

22,923

32,755

NET ASSETS

1,825,298

1,755,203

CAPITAL AND RESERVES

Called up share capital

308,255

Retained earnings

1,517,043

1,446,948

SHAREHOLDERS' FUNDS

1,825,298

1,755,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

Mr P Cooney - Director

Mr A Cooney - Director

1.	STATUTORY INFORMATION

ALDEBURGH FISH AND CHIP SHOP COMPANY LTD is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill is amortised over 5 years.It is also reviewed annually by the directors and any impairment is written off to the profit and loss account.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) financial assets

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Other financial assets, including investments in equity instruments are initially measured at fair value, which is normally the transaction price.

Such assets are subsequently carried at fair value and the changes in fair value are recognised in the profit and loss account.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has passed to a third party who has the ability to sell the asset to an unrelated third party without imposing additional restrictions.

(ii) financial liabilities

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 42 (2025 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 6 April 2025

and 5 April 2026

443,999

AMORTISATION

At 6 April 2025

and 5 April 2026

443,999

NET BOOK VALUE

At 5 April 2026

-

At 5 April 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 6 April 2025

50,781

96,025

501,478

42,345

690,629

Additions

-

15,880

-

15,880

At 5 April 2026

50,781

96,025

517,358

42,345

706,509

DEPRECIATION

At 6 April 2025

-

83,199

435,771

11,293

530,263

Charge for year

-

3,206

16,317

3,105

22,628

At 5 April 2026

-

86,405

452,088

14,398

552,891

NET BOOK VALUE

At 5 April 2026

50,781

9,620

65,270

27,947

153,618

At 5 April 2025

50,781

12,826

65,707

31,052

160,366

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2025

and 5 April 2026

856,351

NET BOOK VALUE

At 5 April 2026

856,351

At 5 April 2025

856,351

For the year ended 5 April the directors reviewed the valuation of the investment properties on an open market basis and were of the opinion that no revaluation adjustment was required to the market value of £856,351.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

5,343

3,500

Prepayments

24,941

28,551

30,284

32,051

8.	CURRENT ASSET INVESTMENTS

2026

2025

£

Insurance bond

334,102

319,332

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

74,488

-

Tax

51,365

2,565

VAT

59,267

63,329

Directors' current accounts

104,713

104,401

Accrued expenses

6,500

296,333

176,795

10.	FINANCIAL INSTRUMENTS

The fair value of the insurance bond at 5 April 2026 and 5 April 2025 has been obtained from Prudential, the bond providers.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

22,923

32,755

Deferred

tax

£

Balance at 6 April 2025

32,755

Credit to Income Statement during year

(9,832

)

Balance at 5 April 2026

22,923