Aquacultured Seafood Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12912274

Aquacultured Seafood Limited

Filleted Unaudited Financial Statements

31 December 2024

Aquacultured Seafood Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Current assets

Debtors	6	477,576	410,754
Cash at bank and in hand		121,643	400,246
		---------	---------
		599,219	811,000

Creditors: amounts falling due within one year	7	3,150	57,116
		---------	---------
Net current assets		596,069	753,884
		---------	---------
Total assets less current liabilities		596,069	753,884
		---------	---------
Net assets		596,069	753,884
		---------	---------

Capital and reserves

Called up share capital	6	6
Share premium account	999,999	999,999
Profit and loss account	( 403,936)	( 246,121)
	---------	---------
Shareholders funds	596,069	753,884
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Ms F Larkin

Director

Company registration number: 12912274

Aquacultured Seafood Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 90 Jermyn Street, London, SW1Y 6JD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments in subsidiaries

Investments in subsidiaries accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: Nil).

5. Investments in subsidiaries

Aquacultured Seafood Limited own 100% of the shares in ASL New Clee Limited.

6. Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	475,511	377,169
Other debtors	2,065	33,585
	---------	---------
	477,576	410,754
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	( 214)	18,508
Other creditors	3,364	38,608
	-------	--------
	3,150	57,116
	-------	--------