Cheshire Fish Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03310197 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

CHESHIRE FISH LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

I Mayo

A Wood

SECRETARY:

A Wood

REGISTERED OFFICE:

4 Roe Street

Macclesfield

Cheshire

SK11 6UT

REGISTERED NUMBER:

03310197 (England and Wales)

ACCOUNTANTS:

A. Allen & Son Limited

Chartered Accountants

45 Union Road

New Mills

High Peak

SK22 3EL

FIXED ASSETS

Intangible assets

4

-

1,469

Tangible assets

5

7,485

9,897

7,485

11,366

CURRENT ASSETS

Stocks

3,097

2,172

Debtors

5,579

4,528

Cash at bank and in hand

14,574

14,545

23,250

21,245

CREDITORS

Amounts falling due within one year

45,489

44,332

NET CURRENT LIABILITIES

(22,239

)

(23,087

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,754

)

(11,721

)

CREDITORS

Amounts falling due after more than one year

6,926

9,127

NET LIABILITIES

(21,680

)

(20,848

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(22,680

)

(21,848

)

SHAREHOLDERS' FUNDS

(21,680

)

(20,848

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 July 2017 and were signed on its behalf by:

A Wood - Director

1.	STATUTORY INFORMATION

Cheshire Fish 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

The date of transition to FRS 102 Section 1A is the 1st May 2016. The transition to FRS 102 Section 1A for

small companies has resulted in no change in accounting policies.

Turnover

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

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is amortised evenly

over its estimated useful life and has now been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

moving items.

Taxation

Taxation for the year comprises current 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 taxation 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2016

and 30 April 2017

39,000

AMORTISATION

At 1 May 2016

37,531

Amortisation for year

1,469

At 30 April 2017

39,000

NET BOOK VALUE

At 30 April 2017

-

At 30 April 2016

1,469

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2016

and 30 April 2017

40,044

DEPRECIATION

At 1 May 2016

30,147

Charge for year

2,412

At 30 April 2017

32,559

NET BOOK VALUE

At 30 April 2017

7,485

At 30 April 2016

9,897

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 May 2016

and 30 April 2017

11,516

DEPRECIATION

At 1 May 2016

2,879

Charge for year

2,159

At 30 April 2017

5,038

NET BOOK VALUE

At 30 April 2017

6,478

At 30 April 2016

8,637

6.	SECURED DEBTS

The following secured debts are included within creditors:

30/4/17

30/4/16

£

£

Hire purchase contracts

9,127

11,158

The hire purchase contract liabilities are secured against the assets to which they relate.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Cheshire Fish Limited for the year ended 30 April 2017 which comprise the Income Statement,

Abridged Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cheshire Fish Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cheshire Fish Limited and state those matters that we have agreed to state to the Board of Directors of Cheshire Fish Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cheshire Fish Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cheshire Fish Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cheshire Fish Limited. You consider that Cheshire Fish Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cheshire Fish Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A. Allen & Son Limited

Chartered Accountants

45 Union Road

New Mills

High Peak

SK22 3EL

19 July 2017