River Teign Shellfish Limited

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

Registered number: 07229599

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		355,236		379,252

			355,236		379,252
CURRENT ASSETS
Debtors	5	20,990		26,346
Cash at bank and in hand		332		14,175

		21,322		40,521
Creditors: Amounts Falling Due Within One Year	6	(132,273 )		(125,868 )

NET CURRENT ASSETS (LIABILITIES)			(110,951 )		(85,347 )

TOTAL ASSETS LESS CURRENT LIABILITIES			244,285		293,905

Creditors: Amounts Falling Due After More Than One Year	7		(57,193 )		(73,622 )

NET ASSETS			187,092		220,283

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			186,992		220,183

SHAREHOLDERS' FUNDS			187,092		220,283

Page 1

Page 2

River Teign Shellfish Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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

H Sessions

Director

23/10/2026

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

1. General Information

River Teign Shellfish Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07229599 . The registered office is Weeks Linney Parrs Lane, Chudleigh, Newton Abbot, TQ13 0PA.

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. 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. 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.

2.3. 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:

Freehold	No depreciation
Plant & Machinery	20% straight line
Motor Vehicles	10% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

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

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 years 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.

Current tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 3)

Page 3

Page 4

River Teign Shellfish Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 June 2025	251,538	196,912	90,298	538,748
Additions	-	6,851	2,150	9,001

As at 31 May 2026	251,538	203,763	92,448	547,749

Depreciation
As at 1 June 2025	-	116,942	42,554	159,496
Provided during the period	-	25,532	7,485	33,017

As at 31 May 2026	-	142,474	50,039	192,513

Net Book Value
As at 31 May 2026	251,538	61,289	42,409	355,236

As at 1 June 2025	251,538	79,970	47,744	379,252

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	20,757	11,838
Other debtors	233	14,508

	20,990	26,346

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	3,879	3,879
Trade creditors	50,162	53,675
Bank loans and overdrafts	45,885	27,182
Corporation tax	13,653	15,689
Other taxes and social security	620	619
Accruals and deferred income	3,332	3,791
Directors' loan accounts	7,742	10,033
Amounts owed to other participating interests	7,000	11,000

	132,273	125,868

Page 4

Page 5

River Teign Shellfish Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	8,406	12,286
Bank loans	48,787	61,336

	57,193	73,622

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,879	3,879
Later than one year and not later than five years	8,406	12,286

	12,285	16,165

	12,285	16,165

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 5