Fresh Grimsby Fish Limited - Limited company - abbreviated - 11.6

Fresh Grimsby Fish Limited - Limited company - abbreviated - 11.6

FRESH GRIMSBY FISH LIMITED - Company Information

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REGISTERED NUMBER: 04508875 (England and Wales)

















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014

FOR

FRESH GRIMSBY FISH LIMITED

FRESH GRIMSBY FISH LIMITED (REGISTERED NUMBER: 04508875)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2014

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

FRESH GRIMSBY FISH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2014







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DIRECTOR: Mr J Douglass





REGISTERED OFFICE: Wharncliffe Road
Fish Docks
Grimsby
North East Lincs
DN31 3QH





REGISTERED NUMBER: 04508875 (England and Wales)





ACCOUNTANTS: Blow Abbott Limited
36 High Street
Cleethorpes
North East Lincs
DN35 8JN
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FRESH GRIMSBY FISH LIMITED (REGISTERED NUMBER: 04508875)

ABBREVIATED BALANCE SHEET
31 AUGUST 2014

2014 2013
Notes £    £    £    £   
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FIXED ASSETS
Intangible assets 2 825 -
Tangible assets 3 27,406 29,322
28,231 29,322

CURRENT ASSETS
Stocks 300 300
Debtors 23,683 23,151
Cash at bank and in hand 47,261 44,792
71,244 68,243
CREDITORS
Amounts falling due within one year 67,389 66,536
NET CURRENT ASSETS 3,855 1,707
TOTAL ASSETS LESS CURRENT
LIABILITIES
32,086
31,029

PROVISIONS FOR LIABILITIES 5,616 -
NET ASSETS 26,470 31,029

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 26,469 31,028
SHAREHOLDERS' FUNDS 26,470 31,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

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FRESH GRIMSBY FISH LIMITED (REGISTERED NUMBER: 04508875)

ABBREVIATED BALANCE SHEET - continued
31 AUGUST 2014

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The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 3 March 2015 and were signed by:





Mr J Douglass - Director


The notes form part of these abbreviated accounts

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FRESH GRIMSBY FISH LIMITED (REGISTERED NUMBER: 04508875)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2014

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1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

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

Intangible assets
The website and software have been purchased during 2014 and are being amortised evenly over
their estimated useful life of 4 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 - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost and 15% on cost

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

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,100
At 31 August 2014 1,100
AMORTISATION
Amortisation for year 275
At 31 August 2014 275
NET BOOK VALUE

At 31 August 2014 825

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FRESH GRIMSBY FISH LIMITED (REGISTERED NUMBER: 04508875)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2014

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3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2013 42,513
Additions 5,114
Disposals (824 )
At 31 August 2014 46,803
DEPRECIATION
At 1 September 2013 13,191
Charge for year 6,653
Eliminated on disposal (447 )
At 31 August 2014 19,397
NET BOOK VALUE
At 31 August 2014 27,406
At 31 August 2013 29,322

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1 Ordinary £1 1 1

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st August 2014 the company owed Mr J Douglass £31,042 (2013: £44,762). No interest was
payable on the loan.

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