SEA SOURCE PROCESSING LTD

Company Registration Number:
NI626685 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

SEA SOURCE PROCESSING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

SEA SOURCE PROCESSING LTD

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 312,516 303,994
Total fixed assets: 312,516 303,994
Current assets
Stocks: 113,797 402,795
Debtors:   255,301 386,428
Cash at bank and in hand: 500 500
Total current assets: 369,598 789,723
Creditors: amounts falling due within one year:   (668,482) (1,113,263)
Net current assets (liabilities): (298,884) (323,540)
Total assets less current liabilities: 13,632 (19,546)
Creditors: amounts falling due after more than one year:   (1,493,691) (1,545,904)
Total net assets (liabilities): (1,480,059) (1,565,450)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1,480,060) (1,565,451)
Shareholders funds: (1,480,059) (1,565,450)

The notes form part of these financial statements

SEA SOURCE PROCESSING LTD

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 05 March 2026
and signed on behalf of the board by:

Name: Brian Chambers
Status: Director

The notes form part of these financial statements

SEA SOURCE PROCESSING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SEA SOURCE PROCESSING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 40 40

SEA SOURCE PROCESSING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 1,029,483
Additions 64,207
Disposals (31,640)
At 31 December 2025 1,062,050
Depreciation
At 01 January 2025 725,489
Charge for year 24,045
At 31 December 2025 749,534
Net book value
At 31 December 2025 312,516
At 31 December 2024 303,994