Company Registration No. 13763613 (England and Wales)
OCEAN BUSINESS MANAGEMENT LTD
Unaudited accounts
for the period from 24 November 2021 to 30 November 2022
OCEAN BUSINESS MANAGEMENT LTD
Unaudited accounts
Contents
OCEAN BUSINESS MANAGEMENT LTD
Company Information
for the period from 24 November 2021 to 30 November 2022
Director
Choudhry Yasir Iqbal
Company Number
13763613 (England and Wales)
Registered Office
344-348 HIGH ROAD
ILFORD
ESSEX
IG1 1QP
ENGLAND
OCEAN BUSINESS MANAGEMENT LTD
Statement of financial position
as at 30 November 2022
Investment property
248,454
Cash at bank and in hand
1,505
Creditors: amounts falling due within one year
(74,297)
Net current liabilities
(72,692)
Total assets less current liabilities
175,762
Creditors: amounts falling due after more than one year
(176,250)
Called up share capital
100
Profit and loss account
(588)
For the period ending 30 November 2022 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 November 2023 and were signed on its behalf by
Choudhry Yasir Iqbal
Director
Company Registration No. 13763613
OCEAN BUSINESS MANAGEMENT LTD
Notes to the Accounts
for the period from 24 November 2021 to 30 November 2022
OCEAN BUSINESS MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 13763613. The registered office is 344-348 HIGH ROAD, ILFORD, ESSEX, IG1 1QP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
At 30 November 2022
248,454
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
Loans from directors
46,697
7
Creditors: amounts falling due after more than one year
2022
OCEAN BUSINESS MANAGEMENT LTD
Notes to the Accounts
for the period from 24 November 2021 to 30 November 2022
8
Average number of employees
During the period the average number of employees was 1.