Company Registration No. 1724312 (England and Wales)
Mallory Park Fisheries Limited
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
Mallory Park Fisheries Limited
Unaudited accounts
Contents
Mallory Park Fisheries Limited
Statement of financial position
as at 28 February 2025
Tangible assets
237,484
236,805
Cash at bank and in hand
19,770
8,568
Creditors: amounts falling due within one year
(124,897)
(121,900)
Net current liabilities
(105,127)
(112,527)
Net assets
132,357
124,278
Called up share capital
100
100
Profit and loss account
132,257
124,178
Shareholders' funds
132,357
124,278
For the period ending 28 February 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by
J Altuccini
Director
Company Registration No. 1724312
Mallory Park Fisheries Limited
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
Mallory Park Fisheries Limited is a private company, limited by shares, registered in England and Wales, registration number 1724312. The registered office is Waters Edge, Peckleton Common Road, Leicester, LE9 7RF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
15% per annum of net book value
As there is no practicable way of counting the company's fish stocks, the cost of additional fish is written off in the year of purchase.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Mallory Park Fisheries Limited
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 29 February 2024
580,510
33,369
613,879
At 28 February 2025
580,510
35,269
615,779
At 29 February 2024
349,930
27,144
377,074
Charge for the period
-
1,221
1,221
At 28 February 2025
349,930
28,365
378,295
At 28 February 2025
230,580
6,904
237,484
At 28 February 2024
230,580
6,225
236,805
Amounts falling due within one year
Accrued income and prepayments
-
805
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,737
276
Other creditors
72,563
68,659
Loans from directors
47,230
51,765
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).