REGISTERED NUMBER: 08352172 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SEA REACH SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Smith

REGISTERED OFFICE:

C/o Kelley & Lowe

Gwynfa House

677 Princes Road

Dartford

Kent

DA2 6EF

REGISTERED NUMBER:

08352172 (England and Wales)

ACCOUNTANTS:

Kelley & Lowe Limited

Gwynfa House

677 Princes Road

Dartford

Kent

DA2 6EF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,915

2,502

1,915

2,502

CURRENT ASSETS

Stocks

4,000

5,000

Debtors

6

313

-

Cash at bank

114,823

98,118

119,136

103,118

CREDITORS

Amounts falling due within one year

7

49,922

57,369

NET CURRENT ASSETS

69,214

45,749

TOTAL ASSETS LESS CURRENT LIABILITIES

71,129

48,251

PROVISIONS FOR LIABILITIES

363

475

NET ASSETS

70,766

47,776

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

70,566

47,576

SHAREHOLDERS' FUNDS

70,766

47,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

G Smith - Director

1.	STATUTORY INFORMATION

Sea Reach Systems Limited 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.

The financial statements are prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

and 31 January 2026

20,000

AMORTISATION

At 1 February 2025

and 31 January 2026

20,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

Intangible fixed assets represents the value of intellectual property rights, namely product development and related knowledge, introduced by the director for the company to exploit. Amortisation is over its estimated useful life of four years.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

11,635

Disposals

(224

)

At 31 January 2026

11,411

DEPRECIATION

At 1 February 2025

9,133

Charge for year

544

Eliminated on disposal

(181

)

At 31 January 2026

9,496

NET BOOK VALUE

At 31 January 2026

1,915

At 31 January 2025

2,502

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

313

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

9,304

14,682

Other creditors

40,618

42,687

49,922

57,369