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Company registration number: 06229178
Ocean Impex Limited
Unaudited filleted financial statements
31 March 2023
Ocean Impex Limited
Contents
Statement of financial position and notes to the financial statements
Ocean Impex Limited
Statement of financial position
31 March 2023
2023 2022
£ £ £ £
Fixed assets 1,621 2,162
_______ _______
Current assets 165,601 290,345
Prepayments and accrued income - 13,681
_______ _______
165,601 304,026
Creditors: amounts falling due within one year ( 143,812) ( 183,961)
_______ _______
Net current assets 21,789 120,065
_______ _______
Total assets less current liabilities 23,410 122,227
Creditors: amounts falling due after more than one year ( 18,056) ( 25,853)
Accruals and deferred income ( 12,200) ( 22,659)
_______ _______
Net (liabilities)/assets ( 6,846) 73,715
_______ _______
Capital and reserves ( 6,846) 73,715
_______ _______
Notes to the financial statements
Ocean Impex Limited
Year ended 31 March 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Rashpal Bedi 9,899 ( 59,306) ( 49,407)
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Rashpal Bedi 5,105 4,794 9,899
_______ _______ _______
3. Going concern
In accordance with his responsibilities as a director, the director has considered the appropriateness of the going concern basis for the preparation of the financial statements. With the continuing financial support from the director and shareholder, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 13 March 2024 , and are signed on behalf of the board by:
Mr Rashpal Bedi
Director
Company registration number: 06229178
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Scottish Provident House,3rd Floor, 76-80 College Road, Harrow, Middlesex, HA1 1BQ.