Company Registration No. 11712330 (England and Wales)
OCEAN VIEW (SW) LTD
Unaudited accounts
for the year ended 31 December 2022
OCEAN VIEW (SW) LTD
Unaudited accounts
Contents
OCEAN VIEW (SW) LTD
Company Information
for the year ended 31 December 2022
Company Number
11712330 (England and Wales)
Registered Office
2nd Floor Flat
58 Devonport Road
Plymouth
Devon
PL3 4DF
ENGLAND
Accountants
Clear Blue Sky Accountancy Ltd
Licensed Accountants
30B City Business Park, Somerset Place
Plymouth
Devon
PL3 4BB
OCEAN VIEW (SW) LTD
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
3,538
70,035
Creditors: amounts falling due within one year
(438,614)
17,433
Net current assets
66,509
94,007
Total assets less current liabilities
66,509
211,343
Creditors: amounts falling due after more than one year
(34,027)
(156,537)
Called up share capital
100
100
Profit and loss account
32,382
54,706
Shareholders' funds
32,482
54,806
For the year ending 31 December 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 26 December 2023 and were signed on its behalf by
Yasin AZIZI
Director
Company Registration No. 11712330
OCEAN VIEW (SW) LTD
Notes to the Accounts
for the year ended 31 December 2022
OCEAN VIEW (SW) LTD is a private company, limited by shares, registered in England and Wales, registration number 11712330. The registered office is 2nd Floor Flat, 58 Devonport Road, Plymouth, Devon, PL3 4DF, 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 remained unchanged from the previous year, and also 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:
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Tangible fixed assets
Motor vehicles
At 31 December 2022
131,987
At 31 December 2022
131,987
At 31 December 2021
117,336
Amounts falling due within one year
OCEAN VIEW (SW) LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
230,794
65,382
Taxes and social security
43,552
(66,683)
Loans from directors
105,492
(110,833)
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Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
13,416
8
Average number of employees
During the year the average number of employees was 54 (2021: 54).