The Wet Fish Cafe Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04596384

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,949		7,638

			7,949		7,638
CURRENT ASSETS
Stocks	5	12,000		12,500
Debtors	6	4,280		7,705
Cash at bank and in hand		32,209		67,079

		48,489		87,284
Creditors: Amounts Falling Due Within One Year	7	(85,506 )		(92,627 )

NET CURRENT ASSETS (LIABILITIES)			(37,017 )		(5,343 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(29,068 )		2,295

NET (LIABILITIES)/ASSETS			(29,068 )		2,295

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(29,069 )		2,294

SHAREHOLDERS' FUNDS			(29,068)		2,295

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The Wet Fish Cafe Limited

Balance Sheet (continued)

As At 30 November 2025

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Payam Tamaskani Zahedi

Director

07/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Wet Fish Cafe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04596384 . The registered office is 242 West End Lane, London, NW6 1LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	over the period of the lease
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 21)

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The Wet Fish Cafe Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	55,862	879	120,341	-	177,082
Additions	-	-	2,004	325	2,329

As at 30 November 2025	55,862	879	122,345	325	179,411

Depreciation
As at 1 December 2024	55,862	405	113,177	-	169,444
Provided during the period	-	119	1,890	9	2,018

As at 30 November 2025	55,862	524	115,067	9	171,462

Net Book Value
As at 30 November 2025	-	355	7,278	316	7,949

As at 1 December 2024	-	474	7,164	-	7,638

5. Stocks

	2025	2024
	£	£
Materials	12,000	12,500

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	3,739	5,802
Other debtors	527	173
Corporation tax recoverable assets	14	1,730

	4,280	7,705

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	40,417	39,309
Bank loans and overdrafts	789	426
Corporation tax	-	(14 )
Other taxes and social security	8,860	6,219
VAT	26,645	29,368
Net wages	1,055	-

...CONTINUED

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The Wet Fish Cafe Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Other creditors	705	651
Accruals and deferred income	-	9,795
Directors' loan accounts	7,035	6,873

	85,506	92,627

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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