ASL New Clee Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14546374

ASL New Clee Limited

Filleted Unaudited Financial Statements

31 December 2024

ASL New Clee Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	4	121,161	–

Current assets

Debtors	5	6,850	92,616
Cash at bank and in hand		9,667	–
		--------	--------
		16,517	92,616

Creditors: amounts falling due within one year	6	477,938	384,219
		---------	---------
Net current liabilities		461,421	291,603
		---------	---------
Total assets less current liabilities		( 340,260)	( 291,603)
		---------	---------
Net liabilities		( 340,260)	( 291,603)
		---------	---------

Capital and reserves

Profit and loss account	( 340,260)	( 291,603)
	---------	---------
Shareholders deficit	( 340,260)	( 291,603)
	---------	---------

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 29 September 2025 , and are signed on behalf of the board by:

Ms F Larkin

Director

Company registration number: 14546374

ASL New Clee 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.

Going concern

The company has an option over land and planning permission to develop an onshore acquaculture facility. They company are currently in the process of raising finance.

4. Tangible assets

	Long leasehold property
	£
Cost
At 1 January 2024	–
Additions	121,161
	---------
At 31 December 2024	121,161
	---------
Depreciation
At 1 January 2024 and 31 December 2024	–
	---------
Carrying amount
At 31 December 2024	121,161
	---------
At 31 December 2023	–
	---------

5. Debtors

	2024	2023
	£	£
Other debtors	6,850	92,616
	-------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	( 323)	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	475,511	377,169
Other creditors	2,750	7,050
	---------	---------
	477,938	384,219
	---------	---------

7. Related party transactions

The parent company is Aquacultured Seafood Limited, a UK limited company with registered address 90 Jermyn Street, London, England, SW1Y 6JD.