Company Registration No. SC345929 (Scotland)
ISLAY SEAFOODS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
ISLAY SEAFOODS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ISLAY SEAFOODS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2021
31 December 2021
- 1 -
31 Dec 2021
30 Apr 2021
Notes
£
£
£
£
Current assets
Debtors
3
1
1
Net current assets
1
1
Capital and reserves
Called up share capital
4
1
1
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial period ended 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 28 March 2022 and are signed on its behalf by:
Mr I A Beaton
Director
Company Registration No. SC345929
ISLAY SEAFOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021
- 2 -
1
Accounting policies
Company information
Islay Seafoods Limited is a
private
company
limited by shares
incorporated in
Scotland
.
The registered office is
229 St Vincent Street, Glasgow, United Kingdom, G2 5QY.
1.1
Accounting convention
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.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Profit and loss account
The company has not traded during the period or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
1.3
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
31 Dec 2021
30 Apr 2021
Number
Number
Total
3
Debtors
31 Dec 2021
30 Apr 2021
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1
1
ISLAY SEAFOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2021
- 3 -
4
Called up share capital
31 Dec 2021
30 Apr 2021
31 Dec 2021
30 Apr 2021
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
5
Parent company
The immediate parent company is Sco-Fro Group Limited, a company incorporated in Scotland.
In the opinion of the directors, the ultimate parent company and ultimate controlling party of is Nishimoto Co,. Ltd, a company incorporated in Japan. The parent undertaking of the smallest and largest group which includes the Company and for which group accounts are prepared in Nishimoto Co., Ltd. Copies of the group financial statements of Nishimoto Co., Ltd are available from 15th Floor, Nihonbashi Muromachi Mitsui Tower, 3-2-1, Nihonbashi Muromachi, Chuo-ku, Tokyo 103-0022 Japan.