REGISTERED NUMBER: 04226436 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LITTLE AMBER FISH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Adrian Matthews

Fiona Stephen

SECRETARY:

Fiona Stephen

REGISTERED OFFICE:

82 Normandy Avenue

Barnet

EN5 2HS

REGISTERED NUMBER:

04226436 (England and Wales)

ACCOUNTANTS:

Simmons Gainsford Professional Services Limited

14th Floor

33 Cavendish Square

London

W1G 0PW

FIXED ASSETS

Tangible assets

4

646,150

597,036

CURRENT ASSETS

Stocks

1,266,886

1,615,520

Debtors

5

1,481,754

1,123,585

Cash at bank and in hand

1,154,020

832,000

3,902,660

3,571,105

CREDITORS

Amounts falling due within one year

6

2,558,534

2,326,005

NET CURRENT ASSETS

1,344,126

1,245,100

TOTAL ASSETS LESS CURRENT LIABILITIES

1,990,276

1,842,136

CREDITORS

Amounts falling due after more than one year

7

(7,200

)

(7,304

)

PROVISIONS FOR LIABILITIES

(58,172

)

(45,844

)

NET ASSETS

1,924,904

1,788,988

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

217,128

166,322

Retained earnings

1,707,676

1,622,566

SHAREHOLDERS' FUNDS

1,924,904

1,788,988

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 6 October 2025 and were signed on its behalf by:

Adrian Matthews - Director

1.	STATUTORY INFORMATION

Little Amber Fish Limited is a private company, limited by shares, registered in England and Wales. The company's 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 the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates on a straight line basis in order to write off each asset over its estimated useful life:

Plant and machinery

20%

Fixtures and fittings

20%

Computer equipment

33%

Freehold property

2%

Improvements to property

2%

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

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.

Foreign exchange

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange prevailing at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange prevailing at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases

Rentals paid under operating leases are charged to the profit and loss account on an accruals basis.

Freehold property

Freehold properties are accounted for in accordance with the provisions of section 17 of FRS 102. They are valued annually by the directors who rely on their knowledge of local property prices, and from time to time by an independent professional valuer, on a fair value basis. The surplus or deficit on revaluation is transferred to the income statement. Deferred tax is provided on revaluation gains at the rate expected to apply when the property is sold.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

665,322

118,193

783,515

Additions

-

16,490

16,490

Disposals

-

(20,245

)

(20,245

)

Revaluations

63,306

-

63,306

At 31 March 2025

728,628

114,438

843,066

DEPRECIATION

At 1 April 2024

115,322

71,157

186,479

Charge for year

13,306

17,376

30,682

Eliminated on disposal

-

(20,245

)

(20,245

)

At 31 March 2025

128,628

68,288

196,916

NET BOOK VALUE

At 31 March 2025

600,000

46,150

646,150

At 31 March 2024

550,000

47,036

597,036

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2007

3,185

-

3,185

Valuation in 2011

75,000

-

75,000

Valuation in 2013

124,000

-

124,000

Valuation in 2021

78,927

-

78,927

Valuation in 2022

11,559

-

11,559

Valuation in 2023

62,790

-

62,790

Valuation in 2024

13,046

-

13,046

Valuation in 2025

63,306

-

63,306

Cost

296,815

114,438

411,253

728,628

114,438

843,066

Freehold property was valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,281,299

1,035,936

Other debtors

200,455

87,649

1,481,754

1,123,585

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,184,714

1,986,495

Taxation and social security

113,093

160,471

Other creditors

260,727

179,039

2,558,534

2,326,005

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

7,200

7,304

8.	LEASE COMMITMENTS

At the balance sheet date the company was committed to operating lease payments of £173,915 (2024: £251,210) for rental of premises under a lease which expires on 7 July 2027. The commitments included £77,296 to be paid in the year ending 31 March 2026.

At the balance sheet date the company was committed to operating lease payments of £102,000 (2024: £136,000) for rental of premises under a lease which expires on 28 February 2028. The commitments included £34,000 to be paid in the year ending 31 March 2026.