The Center For Aquaculture Technologies UK Limited

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

1. General Information

The Center For Aquaculture Technologies UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15110433 . The registered office is C/O Keith Willis Associates, Gothic House, Barker Gate, Nottingham, Nottinghamshire, NG1 1JU.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

20% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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The Center For Aquaculture Technologies UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Prior Period Adjustment

The company staff bonuses for the 2024 period were not previously accrued for. A prior year adjustment has been made to reflect this.

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	2,777

As at 31 December 2025	2,777

Depreciation
As at 1 January 2025	555
Provided during the period	556

As at 31 December 2025	1,111

Net Book Value
As at 31 December 2025	1,666

As at 1 January 2025	2,222

6. Debtors

	31 December 2025	31 December 2024 as restated
	£	£
Due within one year
Other debtors	16,585	21,209

7. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024 as restated
	£	£
Amounts owed to group undertakings	5,000	10,000
Other creditors	28,073	25,346
Taxation and social security	11,338	11,373

	44,411	46,719

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The Center For Aquaculture Technologies UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	31 December 2025	31 December 2024 as restated
	£	£
Allotted, Called up and fully paid	100	100

The share capital is 100% held by the parent company Center For Aquaculture Technologies (CAT) inc.

Registered office address: 8445 Camino Santa Fe, Suite 104, San Diego, CA 92121, United States

9. Audit Information

The auditor's report on the accounts of The Center For Aquaculture Technologies UK Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Douglas Perry FCA (Senior Statutory Auditor) for and on behalf of Clayton & Brewill , Statutory Auditor.

Clayton & Brewill

Statutory Auditors and Chartered Accountants

Cawley House, 149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

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		31 December 2025		31 December 2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		1,666		2,222

			1,666		2,222
CURRENT ASSETS
Debtors	6	16,585		21,209
Cash at bank and in hand		16,781		21,246

		33,366		42,455
Creditors: Amounts Falling Due Within One Year	7	(44,411 )		(46,719 )

NET CURRENT ASSETS (LIABILITIES)			(11,045 )		(4,264 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(9,379 )		(2,042 )

NET LIABILITIES			(9,379 )		(2,042 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(9,479 )		(2,142 )

SHAREHOLDERS' FUNDS			(9,379)		(2,042)