Company Registration No. 7733527 (England and Wales)
Lill Brothers Fish Merchants (EST.1855) Ltd
Unaudited accounts
for the year ended 31 August 2021
Lill Brothers Fish Merchants (EST.1855) Ltd
Unaudited accounts
Contents
Lill Brothers Fish Merchants (EST.1855) Ltd
Company Information
for the year ended 31 August 2021
Director
Mr. Shakil Rashid
Company Number
7733527 (England and Wales)
Registered Office
64 St James Market
Essex Street
Bradford
West Yorkshire
BD4 7PQ
Accountants
Malik Chopdat & Co
99 Manningham Lane
Bradford
West Yorkshire
BD1 3BN
Lill Brothers Fish Merchants (EST.1855) Ltd
Accountants' report
Accountants' report to the director of Lill Brothers Fish Merchants (EST.1855) Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Lill Brothers Fish Merchants (EST.1855) Ltd for the year ended
31 August 2021 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lill Brothers Fish Merchants (EST.1855) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lill Brothers Fish Merchants (EST.1855) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lill Brothers Fish Merchants (EST.1855) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lill Brothers Fish Merchants (EST.1855) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lill Brothers Fish Merchants (EST.1855) Ltd. You consider that Lill Brothers Fish Merchants (EST.1855) Ltd 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 accounts of Lill Brothers Fish Merchants (EST.1855) Ltd. 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 accounts.
Malik Chopdat & Co
99 Manningham Lane
Bradford
West Yorkshire
BD1 3BN
18 August 2022
Lill Brothers Fish Merchants (EST.1855) Ltd
Statement of financial position
as at
31 August 2021
Intangible assets
12,000
13,000
Tangible assets
6,812
7,777
Inventories
65,919
39,437
Cash at bank and in hand
22,144
56,013
Creditors: amounts falling due within one year
(16,664)
(25,999)
Net current assets
103,418
91,633
Total assets less current liabilities
122,230
112,410
Creditors: amounts falling due after more than one year
(49,167)
(50,000)
Called up share capital
100
1
Profit and loss account
72,963
62,409
Shareholders' funds
73,063
62,410
For the year ending 31 August 2021 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 director acknowledges his 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 and authorised for issue on 17 August 2022 and were signed on its behalf by
Mr. Shakil Rashid
Director
Company Registration No. 7733527
Lill Brothers Fish Merchants (EST.1855) Ltd
Notes to the Accounts
for the year ended 31 August 2021
Lill Brothers Fish Merchants (EST.1855) Ltd is a private company, limited by shares, registered in England and Wales, registration number 7733527. The registered office is 64 St James Market, Essex Street, Bradford, West Yorkshire, BD4 7PQ.
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 year, 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.
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:
Plant & machinery
20% Written down value
Motor vehicles
25% written down value
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2020
20,000
At 1 September 2020
7,000
Charge for the year
1,000
Lill Brothers Fish Merchants (EST.1855) Ltd
Notes to the Accounts
for the year ended 31 August 2021
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2020
9,200
10,602
19,802
Disposals
(1,000)
-
(1,000)
At 31 August 2021
8,200
11,802
20,002
At 1 September 2020
5,257
6,768
12,025
Charge for the year
736
1,007
1,743
On disposals
(578)
-
(578)
At 31 August 2021
5,415
7,775
13,190
At 31 August 2021
2,785
4,027
6,812
At 31 August 2020
3,943
3,834
7,777
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
29,964
21,156
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
5,797
10,581
Taxes and social security
7,238
11,518
Loans from directors
1,656
1,230
8
Creditors: amounts falling due after more than one year
2021
2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
1,230
14,400
13,974
1,656
1,230
14,400
13,974
1,656
Lill Brothers Fish Merchants (EST.1855) Ltd
Notes to the Accounts
for the year ended 31 August 2021
10
Average number of employees
During the year the average number of employees was 5 (2020: 4).