Fishing Boat Proceeds Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13074389

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Investments	5		26,985		10,658

			26,985		10,658
CURRENT ASSETS
Debtors	6	1		1,001
Cash at bank and in hand		11,317		10,848

		11,318		11,849
Creditors: Amounts Falling Due Within One Year	7	(23,168 )		(21,759 )

NET CURRENT ASSETS (LIABILITIES)			(11,850 )		(9,910 )

TOTAL ASSETS LESS CURRENT LIABILITIES			15,135		748

NET ASSETS			15,135		748

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			15,133		746

SHAREHOLDERS' FUNDS			15,135		748

Page 1

Page 2

Fishing Boat Proceeds Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ross Tavendale

Director

27 April 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fishing Boat Proceeds Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13074389 . The registered office is 20-22 Wenlock Road, London, N1 7GU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements.

2.2. Investments

Investments in subsidiary undertakings are measured at cost less any accumulated impairment losses. Investments in other undertakings are subsequently measured at fair value, with movements in fair value recognised in profit or loss. Where the fair value of an investment cannot be reliably measured, it is stated at cost less any provision for impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Prior Period Adjustment

Errors were identified in the comparative figures for the year ended 31 March 2024. Share capital was previously stated as £1 but should have been £2, and an investment in subsidiaries of £1 was omitted from non‑current assets.

The errors have been corrected by adjusting opening balances at 1 April 2024, with no impact on the profit and loss account. Comparative figures have not been restated; the correction is reflected in adjustments made in the year ended 31 March 2025.

5. Investments

	Subsidiaries	Unlisted	Other	Total
	£	£	£	£
Cost or Valuation
As at 1 August 2024	1	5,657	5,000	10,658
Additions	-	19,512	-	19,512
Disposals	-	-	(5,000 )	(5,000 )
Fair value adjustments	-	1,815	-	1,815

As at 31 July 2025	1	26,984	-	26,985

Provision
As at 1 August 2024	-	-	-	-

As at 31 July 2025	-	-	-	-

Net Book Value
As at 31 July 2025	1	26,984	-	26,985

As at 1 August 2024	1	5,657	5,000	10,658

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Page 4

Fishing Boat Proceeds Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Other debtors	1	1,001

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Amounts owed to group undertakings	22,793	17,385
Other creditors	375	4,374

	23,168	21,759

8. Related Party Transactions

At the balance sheet date, amounts owed to Type A Agency Limited, a 100% owned company, amounted to £20,993 (2024: £17,385). The balance is unsecured, interest free and repayable on demand.

9. Ultimate Controlling Party

The company's ultimate controlling party is Ross Tavendale by virtue of his ownership of 100% of the issued share capital in the company.