R & S Seafoods Ltd.

R & S Seafoods Ltd.
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Current assets
Stocks	4	3,569	4,423
Cash at bank and in hand		37	2,001
		3,606	6,424
Creditors: amount falling due within one year	5	(130)	(2,785)
Net current assets		3,476	3,639

Total assets less current liabilities		3,476	3,639
Creditors: amount falling due after more than one year	6	(15,550)	(19,069)
Net assets		(12,074)	(15,430)

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(12,174)	(15,530)
Shareholders' funds		(12,074)	(15,430)

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 08 January 2026 and were signed by:

-------------------------------
Prince Arora
Director

R & S Seafoods Ltd.
Notes to the Financial Statements
For the year ended 30 April 2025

General Information

R & S Seafoods Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10147719, registration address 3 Second Avenue, Morpeth, Northumberland, NE61 2ET.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Staff Costs

	2025 £	2024 £
Wages and salaries	18,032	24,795
	18,032	24,795

Average number of employees during the year	Number	Number
Administration	1	1
Sales	2	3
	3	4

3.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

Stocks

	2025 £		2024 £
Stocks	3,569		4,423
	3,569		4,423

Creditors: amount falling due within one year

	2025 £	2024 £
Accrued Expenses	130	0
Other Creditors	0	2,785
	130	2,785

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	0	3,519
Directors' Loan Accounts	15,550	15,550
	15,550	19,069

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 10147719
England and Wales
R & S SEAFOODS LTD.

Unaudited Financial Statements

Period of accounts Start date: 01 May 2024 End date: 30 April 2025