LAND & SEA FOODS LIMITED


Director	Susan Ord


Registered Address	20 Main Street
	Polmont
	Falkirk
	FK2 0PX


Registered Number	SC288995 (Scotland)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	-		1,981
Cash at bank and on hand		67		150
		67		2,131
Creditors amounts falling due within one year	4	(10,927)		(9,957)
Net current assets (liabilities)			(10,860)		(7,826)
Total assets less current liabilities			(10,860)		(7,826)
Net assets			(10,860)		(7,826)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(10,960)		(7,926)
Shareholders' funds			(10,860)		(7,826)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 16 July 2026, and are signed on its behalf by:

Susan Ord
Director
Registered Company No. SC288995

LAND & SEA FOODS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	Land & Sea Foods Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	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.

	Going concern
	These financial statements have been prepared on a going concern basis despite the net liability position. The Director has guaranteed their continued support and have confirmed they will not withdraw their loan account to the detriment of any other creditor. Therefore it is appropriate to prepare these financial statements on a going concern.

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

	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.

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.

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	1,981
Total	-	1,981

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	361
Other creditors	10,447	9,236
Accrued liabilities and deferred income	480	360
Total	10,927	9,957