REGISTERED NUMBER: 08180703 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

Lowestoft Shellfish Company Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

231,801

265,601

Tangible assets

5

147,961

146,285

379,762

411,886

CURRENT ASSETS

Stocks

174,560

168,521

Debtors

266,647

288,365

Cash at bank and in hand

518,599

475,792

959,806

932,678

CREDITORS

Amounts falling due within one year

256,750

266,893

NET CURRENT ASSETS

703,056

665,785

TOTAL ASSETS LESS CURRENT LIABILITIES

1,082,818

1,077,671

PROVISIONS FOR LIABILITIES

23,362

36,571

NET ASSETS

1,059,456

1,041,100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,059,356

1,041,000

SHAREHOLDERS' FUNDS

1,059,456

1,041,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 October 2026 and were signed on its behalf by:

Mr P J Collins - Director

1.	STATUTORY INFORMATION

Lowestoft Shellfish Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08180703

Registered office:

Unit B, 10 Cooke Road

South Lowestoft Industrial Estate

Lowestoft

Suffolk

NR33 7NA

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, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Short leasehold

-

not provided

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2025

and 30 April 2026

597,001

AMORTISATION

At 1 May 2025

331,400

Amortisation for year

33,800

At 30 April 2026

365,200

NET BOOK VALUE

At 30 April 2026

231,801

At 30 April 2025

265,601

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2025

340,475

Additions

38,358

Disposals

(31,338

)

At 30 April 2026

347,495

DEPRECIATION

At 1 May 2025

194,190

Charge for year

29,991

Eliminated on disposal

(24,647

)

At 30 April 2026

199,534

NET BOOK VALUE

At 30 April 2026

147,961

At 30 April 2025

146,285