ACCOUNTS - Final Accounts preparation

Registered number: 13236291

Pescados Y Mariscos Costa Atlantico Ltd

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2025

Pescados Y Mariscos Costa Atlantico Ltd

Registered number: 13236291

Statement of financial position

As at 31 December 2025

		2025		Unaudited 2024
Note		£		£


Current assets
Stocks	5	20,235		-
Debtors: amounts falling due within one year	6	32,760		488
Cash at bank and in hand	7	62,084		92,752
		115,079		93,240
Creditors: amounts falling due within one year	8	(52,524)		(23,985)
Net current assets			62,555		69,255
Total assets less current liabilities			62,555		69,255

Net assets			62,555		69,255

Capital and reserves
Called up share capital	100	100
Profit and loss account	62,455	69,155
	62,555	69,255

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2026.

Manuel Gonzalez Hernandez

Director

The notes on pages 3 to 7 form part of these financial statements.

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		Pescados Y Mariscos Costa Atlantico Ltd

Statement of changes in equity

For the Year Ended 31 December 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2024	100	62,684	62,784
Comprehensive income for the year
Profit for the year	-	6,471	6,471
Total comprehensive income for the year	-	6,471	6,471

At 1 January 2025	100	69,155	69,255
Comprehensive income for the year
Loss for the year	-	(6,700)	(6,700)
Total comprehensive income for the year	-	(6,700)	(6,700)
At 31 December 2025	100	62,455	62,555

The notes on pages 3 to 7 form part of these financial statements.

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Pescados Y Mariscos Costa Atlantico Ltd

Notes to the financial statements

For the Year Ended 31 December 2025

1.	General information

Pescados Y Mariscos Costa Atlantico Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13236291. The registered office is 19 The Circle, Queen Elizabeth Street, London, England, SE1 2JE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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Pescados Y Mariscos Costa Atlantico Ltd

Notes to the financial statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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Pescados Y Mariscos Costa Atlantico Ltd

Notes to the financial statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In preparing the financial statements, management are required to make estimates and judgments which may materially affect reported Income, expenses, assets, liabilities or disclosure of contingent assets and liabilities, and the valuation of Investment properties, which were based on open market transactions. The estimates and assumptions are reviewed on an on-going basis and are based on historical experience and other factors that are considered to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

5.	Stocks
		2025	Unaudited 2024
		£	£

Goods for resale	20,235	-
	20,235	-

Debtors

					2025	Unaudited 2024
					£	£


Trade debtors	31,706	-
Amounts owed by group undertakings	542	-

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Pescados Y Mariscos Costa Atlantico Ltd

Notes to the financial statements

For the Year Ended 31 December 2025

6.Debtors (continued)

Other debtors	280	255
Prepayments and accrued income	232	233
	32,760	488

7.	Cash and cash equivalents
		2025	Unaudited 2024
		£	£

Cash at bank and in hand	62,084	92,752
	62,084	92,752

8.	Creditors: Amounts falling due within one year
		2025	Unaudited 2024
		£	£

Trade creditors	49,874	22,480
Corporation tax	-	1,505
Accruals and deferred income	2,650	-
	52,524	23,985

9.	Related party transactions
	The Company has taken advantage of exemption available under Sec 33 of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with parent company and wholly owned subsidiaries within the group that are eliminated on consolidation.

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Pescados Y Mariscos Costa Atlantico Ltd

Notes to the financial statements

For the Year Ended 31 December 2025

10.	Controlling party

The ultimate parent Company is Pescados Y Mariscos Costa Atlantico SL (España), a company registered in Spain, who owns 100% ordinary shares in the Company. The ultimate parent Company prepares consolidated accounts and copy of group accounts can be obtained from the parent company's registered office address at Poligono Industrial Tartessos. Calle G. 49 50. 21610 - (San Juan Del Puerto) - Huelva, Spain.
The ultimate parent company is controlled by a grouped shareholders and in the opinion of the director, there is no ultimate controlling party.

11.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 18 August 2026 by Janak Raj Pokhrel (Senior statutory auditor) on behalf of Mantax Lynton.

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