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REGISTERED NUMBER: 04763239 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| MARINE RESOURCES RECRUITMENT LTD |

MARINE RESOURCES RECRUITMENT LTD (REGISTERED NUMBER: 04763239)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

MARINE RESOURCES RECRUITMENT LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | Mr J A Ward

| Mrs K J Ward

| REGISTERED OFFICE: | Hamble River Boat Yard

| Bridge Road

| Swanwick

| Southampton

| Hampshire

| SO31 7EB

| REGISTERED NUMBER: | 04763239 (England and Wales)

MARINE RESOURCES RECRUITMENT LTD (REGISTERED NUMBER: 04763239)

BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,515 |  | 5,196 |  |

CURRENT ASSETS

Debtors | 5 | 133,516 |  | 74,888 |  |

Cash at bank | 106,865 |  | 68,945 |  |

240,381 |  | 143,833 |  |

CREDITORS

Amounts falling due within one year | 6 | 197,357 |  | 118,744 |  |

NET CURRENT ASSETS | 43,024 |  | 25,089 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 44,539 |  | 30,285 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (21,675 | ) | (27,244 | ) |

PROVISIONS FOR LIABILITIES | (333 | ) | (1,143 | ) |

NET ASSETS | 22,531 |  | 1,898 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 22,431 |  | 1,798 |  |

22,531 |  | 1,898 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

Mr J A Ward - Director

MARINE RESOURCES RECRUITMENT LTD (REGISTERED NUMBER: 04763239)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Marine Resources Recruitment Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Turnover

| Revenue is measured by reference to the fair value of consideration received or receivable by the company

| for services provided, excluding VAT and trade discounts.

| Temporary Placements

| Revenue from temporary, or contract, placements is recognised at the point in time when the candidate

| provides services, upon receipt of a client-approved timesheet or equivalent proof of time worked. Timing

| differences between the receipt of client-approved timesheet and the raising of an invoice are recognised as

| accrued income. The company has assessed it's use of third-party providers to supply candidates for

| temporary placements under the agent or principle criteria and has determined that it is the principle on the

| grounds that it retains primary responsibility for provision of the services.

| Permanent Placements

| Revenue for permanent placements, which is based on a percentage of the candidates remuneration

| package, is recognised when there is an acceptance of an offer, which is the point at which the performance obligation of the contract is considered met. Some permanent placements are subject to a 'clawback' period whereby if a candidate leaves within a set period of starting employment, the customer is entitled to a rebate subject to the Company's terms and conditions. Provisions as a reduction to revenue are recognised for such arrangements if material. Based on historic data, such rebates are infrequent and immaterial.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% straight line

| Computer equipment | - | 33.33% straight line

| All fixed assets are initially recorded at cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

MARINE RESOURCES RECRUITMENT LTD (REGISTERED NUMBER: 04763239)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Operating lease agreements

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2024 - 12 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 15,517 |  | 22,794 |  | 38,311 |  |

| DEPRECIATION

| At 1 January 2025 | 14,619 |  | 18,496 |  | 33,115 |  |

| Charge for year | 489 |  | 3,192 |  | 3,681 |  |

| At 31 December 2025 | 15,108 |  | 21,688 |  | 36,796 |  |

| NET BOOK VALUE

| At 31 December 2025 | 409 |  | 1,106 |  | 1,515 |  |

| At 31 December 2024 | 898 |  | 4,298 |  | 5,196 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 111,235 |  | 5,645 |  |

| Other debtors | 22,281 |  | 69,243 |  |

133,516 |  | 74,888 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,540 |  | 5,436 |  |

| Trade creditors | 28,332 |  | 13,450 |  |

| Taxation and social security | 77,663 |  | 53,429 |  |

| Other creditors | 85,822 |  | 46,429 |  |

197,357 |  | 118,744 |  |

MARINE RESOURCES RECRUITMENT LTD (REGISTERED NUMBER: 04763239)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 21,675 |  | 27,244 |  |

8. | OTHER FINANCIAL COMMITMENTS

| Lessee

| At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £9,957 (2024 £13,675)