Registration number: 00244947

Lyepole Fishing Limited

Contents

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

Lyepole Fishing Limited

(Registration number: 00244947)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	39,880	40,434
Current assets
Debtors	6	692	3,520
Cash at bank and in hand		5,530	14,550
		6,222	18,070
Creditors: Amounts falling due within one year	7	(880)	(850)
Net current assets		5,342	17,220
Total assets less current liabilities		45,222	57,654
Creditors: Amounts falling due after more than one year	7	(7,981)	(7,981)
Net assets		37,241	49,673
Capital and reserves
Called up share capital		7,800	7,800
Other reserves		33,732	33,732
Retained earnings		(4,291)	8,141
Shareholders' funds		37,241	49,673

Lyepole Fishing Limited

(Registration number: 00244947)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 November 2026 and signed on its behalf by:
 

......................................... J Gordon Director

......................................... E Williams Director

Lyepole Fishing Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
147 Gilbert Road
Cambridge
CB4 3PA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of rental income from properties and fishing rights.Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	Not depreciated
Plant and machinery	20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Lyepole Fishing Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Taxation

	2026		2025
	£		£
Corporation tax	-		(134)

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

5	Tangible assets

	Land and buildings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	38,220	2,768	40,988
At 31 March 2026	38,220	2,768	40,988
Depreciation
At 1 April 2025	-	554	554
Charge for the year	-	554	554
At 31 March 2026	-	1,108	1,108
Carrying amount
At 31 March 2026	38,220	1,660	39,880
At 31 March 2025	38,220	2,214	40,434

Included within the net book value of land and buildings above is £38,220 (2025 - £38,220) in respect of freehold land and buildings.
 

Lyepole Fishing Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

6

Debtors

	2026 £	2025 £
Prepayments	692	3,072
Other debtors	-	448
	692	3,520

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Other creditors	880	850