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Company Registration No. 13923803 (England and Wales)
Specialized Offshore Services Ltd Unaudited accounts for the year ended 29 February 2024
Specialized Offshore Services Ltd Company Information for the year ended 29 February 2024
Director
Matthew Eyre
Company Number
13923803 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE United Kingdom
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Specialized Offshore Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
20,564 
1 
Creditors: amounts falling due within one year
(21,009)
- 
Net current (liabilities)/assets
(445)
1 
Net (liabilities)/assets
(445)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(446)
- 
Shareholders' funds
(445)
1 
For the year ending 29 February 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 26 November 2024 and were signed on its behalf by
Matthew Eyre Director Company Registration No. 13923803
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Specialized Offshore Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Specialized Offshore Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13923803. The registered office is 86-90 Paul Street, London, EC2A 4NE, 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
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The company has adopted the going concern basis of accounting in the preparation of these financial statements.
Revenue recognition
Revenue, described as turnover, represents the value of work carried out with respect to services (net of VAT), plus the value of goods provided to customers (net of VAT). Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis, calculated by reference to the time expended compared to the total anticipated time.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
17,786 
- 
Accruals
3,223 
- 
21,009 
- 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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