| REGISTERED NUMBER: |
| The Potted Lobster Ltd |
| Unaudited Financial Statements |
| for the Year Ended 31st January 2026 |
| REGISTERED NUMBER: |
| The Potted Lobster Ltd |
| Unaudited Financial Statements |
| for the Year Ended 31st January 2026 |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Contents of the Financial Statements |
| for the year ended 31st January 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 7 |
| The Potted Lobster Ltd |
| Company Information |
| for the year ended 31st January 2026 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Academy House |
| Shedden Park Road |
| Kelso |
| Roxburghshire |
| TD5 7AL |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Balance Sheet |
| 31st January 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Balance Sheet - continued |
| 31st January 2026 |
| 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 were approved by the Board of Directors and authorised for issue on |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Notes to the Financial Statements |
| for the year ended 31st January 2026 |
| 1. | Statutory information |
| The Potted Lobster Ltd is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end. |
| Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned. |
| Tangible fixed assets |
| Property improvements | - |
| Equipment | - |
| Motor vehicles | - |
| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
| Stocks |
| Stock is valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, other loans and directors' loans. |
| Directors' loans (being repayable on demand), other loans, trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
| Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings. |
| 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. |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Notes to the Financial Statements - continued |
| for the year ended 31st January 2026 |
| 2. | Accounting policies - continued |
| 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. |
| Provisions |
| Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis. |
| Employee benefits |
| Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred. |
| Group accounts |
| The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts. |
| Going concern |
| The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Notes to the Financial Statements - continued |
| for the year ended 31st January 2026 |
| 4. | Tangible fixed assets |
| Property | Motor |
| improvements | Equipment | vehicles | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1st February 2025 |
| Additions |
| At 31st January 2026 |
| Depreciation |
| At 1st February 2025 |
| Charge for year |
| At 31st January 2026 |
| Net book value |
| At 31st January 2026 |
| At 31st January 2025 |
| 5. | Debtors: amounts falling due within one year |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| The Potted Lobster Ltd (Registered number: 09380865) |
| Notes to the Financial Statements - continued |
| for the year ended 31st January 2026 |
| 7. | Directors' advances, credits and guarantees |
| The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025: |
| 2026 | 2025 |
| £ | £ |
| Director 1 |
| Balance outstanding at start of year | 8,546 | 7,968 |
| Amounts advanced | 576 | 21,464 |
| Amounts repaid | (695 | ) | (20,886 | ) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | 8,427 | 8,546 |
| 2026 | 2025 |
| £ | £ |
| Director 2 |
| Balance outstanding at start of year | 1,218 | 1,218 |
| Amounts advanced | - | - |
| Amounts repaid | - | - |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | 1,218 | 1,218 |
| These loans are unsecured and repayable on demand. No interest has been charged as the loans are below the HMRC reporting level. |
| 8. | Related party disclosures |
| The Potted Lobster Limited is a fully owned subsidiary of Lobster Alta (Holdings) Limited, which is also part of the Alta Asset Management Limited Group. Lobster Alta (Holdings) Limited is a private company, limited by shares, registered in England and Wales. |
| At 31st January 2026 a loan of £34,338 (2025 - £25,016) was outstanding payable by the company to Lobster Alta (Holdings) Limited.This loan is unsecured, interest free and repayable on demand. |
| At 31st January 2026 a loan of £1,200 (2025 - £Nil) was outstanding payable to the company by Alta Asset Management Limited.This loan is unsecured, interest free and repayable on demand. |
| At 31st January 2026 a loan of £345,179 (2025 - £345,179) was outstanding payable to the company by Bertrams Warkworth Limited, a company in the same group as The Potted Lobster Limited.This loan is unsecured, interest free and repayable on demand. |
| During the year the company paid £34,340 (2025 - £Nil) to Alta Asset Management Limited for management fees and other expenses that Alta Asset Management Limited incurred on behalf of the company. |