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Company Registration No. 12435416 (England and Wales)
Oceans Transport Ltd Unaudited accounts for the year ended 31 January 2024
Oceans Transport Ltd Unaudited accounts Contents
Page
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Oceans Transport Ltd Company Information for the year ended 31 January 2024
Director
Robert James Liddard
Company Number
12435416 (England and Wales)
Registered Office
137 Witchards Basildon Essex SS16 5BQ England
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Oceans Transport Ltd Statement of financial position as at 31 January 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
7,380 
Current assets
Debtors
9,492 
Cash at bank and in hand
3,804 
13,296 
Creditors: amounts falling due within one year
(1,783)
Net current assets
11,513 
Net assets
18,893 
Capital and reserves
Called up share capital
10 
Profit and loss account
18,883 
Shareholders' funds
18,893 
For the year ending 31 January 2024 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 29 October 2024 and were signed on its behalf by
Robert James Liddard Director Company Registration No. 12435416
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Oceans Transport Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Oceans Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 12435416. The registered office is 137 Witchards, Basildon, Essex, SS16 5BQ, 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.
3
Accounting policies
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.
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:
Motor vehicles
18% reducing balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
9,000 
At 31 January 2024
9,000 
Depreciation
Charge for the year
1,620 
At 31 January 2024
1,620 
Net book value
At 31 January 2024
7,380 
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
9,492 
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Oceans Transport Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
213 
Other creditors
1,320 
Accruals
250 
1,783 
7
Share capital
2024 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
8
Average number of employees
During the year the average number of employees was 0.
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