15 June 2022 false No description of principal activity Taxfiler 2023.14 14174774business:PrivateLimitedCompanyLtd2022-06-152023-06-30 141747742022-06-14 141747742022-06-152023-06-30 14174774business:AuditExemptWithAccountantsReport2022-06-152023-06-30 14174774business:FilletedAccounts2022-06-152023-06-30 141747742023-06-30 14174774business:Director12022-06-152023-06-30 14174774business:RegisteredOffice2022-06-152023-06-30 14174774core:WithinOneYear2023-06-30 14174774core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14174774core:PreviouslyStatedAmount2023-06-30 14174774business:SmallEntities2022-06-152023-06-30 14174774countries:EnglandWales2022-06-152023-06-30 14174774core:ComputerEquipment2022-06-14 14174774core:ComputerEquipment2022-06-152023-06-30 14174774core:ComputerEquipment2023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 14174774 (England and Wales)
Ocean Retail Ltd Unaudited accounts for the period from 15 June 2022 to 30 June 2023
Ocean Retail Ltd Unaudited accounts Contents
Page
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Ocean Retail Ltd Company Information for the period from 15 June 2022 to 30 June 2023
Director
Mrs Joanne Richings
Company Number
14174774 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
Accountants
Your Cloud Accountant Limited The Keep Creech Castle Taunton Somerset TA1 2DX
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Ocean Retail Ltd Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
484 
Current assets
Inventories
12,242 
Debtors
6,563 
Cash at bank and in hand
1,877 
20,682 
Creditors: amounts falling due within one year
(7,116)
Net current assets
13,566 
Net assets
14,050 
Capital and reserves
Profit and loss account
14,050 
Shareholders' funds
14,050 
For the period ending 30 June 2023 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 her 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 12 March 2024 and were signed on its behalf by
Mrs Joanne Richings Director Company Registration No. 14174774
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Ocean Retail Ltd Notes to the Accounts for the period from 15 June 2022 to 30 June 2023
1
Statutory information
Ocean Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 14174774. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 15 June 2022
- 
Additions
573 
At 30 June 2023
573 
Depreciation
Charge for the period
89 
At 30 June 2023
89 
Net book value
At 30 June 2023
484 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
6,563 
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Ocean Retail Ltd Notes to the Accounts for the period from 15 June 2022 to 30 June 2023
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
2,507 
Taxes and social security
3,372 
Loans from directors
1,237 
7,116 
7
Average number of employees
During the period the average number of employees was 0.
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