REGISTERED NUMBER: 08697408 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SKIPPER'S PET PRODUCTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Moore

M Muraska

Miss C D Moore

K D Scott

REGISTERED OFFICE:

Unit 1-4a

Estate Road 7

South Humberside Industrial Estate

Grimsby

Lincolnshire

DN31 2TP

REGISTERED NUMBER:

08697408 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Business Advisors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

15,284

Intangible assets

4

11,463

494,006

Tangible assets

5

423,087

509,290

434,550

CURRENT ASSETS

587,173

Stocks

677,094

539,752

Debtors

6

277,201

151,122

Cash at bank and in hand

242,778

1,278,047

1,197,073

CREDITORS

921,568

Amounts falling due within one year

7

569,076

356,479

NET CURRENT ASSETS

627,997

865,769

TOTAL ASSETS LESS CURRENT LIABILITIES

1,062,547

CREDITORS

(105,127

)

Amounts falling due after more than one year

8

(214,046

)

(123,502

)

PROVISIONS FOR LIABILITIES

(105,772

)

637,140

NET ASSETS

742,729

CAPITAL AND RESERVES

120

Called up share capital

105

249,980

Share premium

224,915

387,040

Retained earnings

517,709

637,140

742,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 21 October 2026 and were signed on its behalf by:

M Muraska - Director

1.	STATUTORY INFORMATION

Skipper's Pet Products Limited 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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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.

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.

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 34 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

116,324

AMORTISATION

At 1 January 2025

101,040

Charge for year

3,821

At 31 December 2025

104,861

NET BOOK VALUE

At 31 December 2025

11,463

At 31 December 2024

15,284

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

783,192

Additions

34,227

Disposals

(8,333

)

At 31 December 2025

809,086

DEPRECIATION

At 1 January 2025

289,186

Charge for year

98,755

Eliminated on disposal

(1,942

)

At 31 December 2025

385,999

NET BOOK VALUE

At 31 December 2025

423,087

At 31 December 2024

494,006

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

124,544

293,462

Other debtors

152,657

246,290

277,201

539,752

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

119,051

380,399

Taxation and social security

220,175

188,553

Other creditors

229,850

352,616

569,076

921,568

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

214,046

105,127