Faithful's Fisheries (Tropical) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00741315 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2018

for

Faithful's Fisheries (Tropical) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D J Faithful

Mrs R L Faithful

Miss A Faithful

SECRETARY:

D J Faithful

REGISTERED OFFICE:

The Old Barn

30 Black Lane

Heighington

Lincolnshire

LN4 1RH

REGISTERED NUMBER:

00741315 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

CURRENT ASSETS

Debtors

4

36,381

35,943

Cash at bank

41,670

67,439

78,051

103,382

CREDITORS

Amounts falling due within one year

5

(8,452

)

(8,461

)

NET CURRENT ASSETS

69,599

94,921

TOTAL ASSETS LESS CURRENT LIABILITIES

69,599

94,921

CAPITAL AND RESERVES

Called up share capital

6

200

200

Retained earnings

7

69,399

94,721

SHAREHOLDERS' FUNDS

69,599

94,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 13 February 2019 and were signed on its behalf by:

D J Faithful - Director

1.	STATUTORY INFORMATION

Faithful's Fisheries (Tropical) 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 the provisions of Section 1A "Small Entities" 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Deferred tax

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the

balance

sheet date as these are considered immaterial.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

36,381

35,894

Prepayments

-

49

36,381

35,943

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Tax

1,100

2,280

VAT

4,482

4,731

Accrued expenses

2,870

1,450

8,452

8,461

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.18

30.11.17

value:

£

£

200

Ordinary

£1

200

200

7.

RESERVES

Retained

earnings

£

At 1 December 2017

94,721

Profit for the year

4,678

Dividends

(30,000

)

At 30 November 2018

69,399

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 (2017 - £8,000) were paid to the directors .