REGISTERED NUMBER: SC047496 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

ABERDEEN SEA PRODUCTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Anglin

SECRETARY:

M Anglin

REGISTERED OFFICE:

c/o Millar & Bryce Limited

Bonnington Bond

2 Anderson Place

EDINBURGH

EH6 5NP

REGISTERED NUMBER:

SC047496 (Scotland)

ACCOUNTANTS:

Wells Associates

10 Lonsdale Gardens

Tunbridge Wells

Kent

TN1 1NU

FIXED ASSETS

Investments

4

879,986

665,744

CURRENT ASSETS

Cash at bank

40,098

291,774

CREDITORS

Amounts falling due within one year

5

176,285

226,240

NET CURRENT (LIABILITIES)/ASSETS

(136,187

)

65,534

TOTAL ASSETS LESS CURRENT LIABILITIES

743,799

731,278

CAPITAL AND RESERVES

Called up share capital

90

90

Capital redemption reserve

10

10

Retained earnings

743,699

731,178

SHAREHOLDERS' FUNDS

743,799

731,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 September 2017 and were signed by:

M Anglin - Director

1.	STATUTORY INFORMATION

Aberdeen Sea Products 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2016

665,744

Additions

214,242

At 31 December 2016

879,986

NET BOOK VALUE

At 31 December 2016

879,986

At 31 December 2015

665,744

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Taxation and social security

23,130

14,284

Other creditors

153,155

211,956

176,285

226,240

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 were paid to the director .