Silverfin false 31/03/2024 16/03/2023 31/03/2024 Artirix Ltd 16/03/2023 Alexandra Louise Joanna Hutt 16/03/2023 16/03/2023 Daniel James Lee 16/03/2023 25 February 2025 OC446340 2024-03-31 OC446340 bus:Director1 2024-03-31 OC446340 bus:Director2 2024-03-31 OC446340 bus:Director3 2024-03-31 OC446340 core:OtherPropertyPlantEquipment 2023-03-15 OC446340 2023-03-15 OC446340 core:OtherPropertyPlantEquipment 2024-03-31 OC446340 2023-03-16 2024-03-31 OC446340 bus:FullAccounts 2023-03-16 2024-03-31 OC446340 bus:SmallEntities 2023-03-16 2024-03-31 OC446340 bus:AuditExemptWithAccountantsReport 2023-03-16 2024-03-31 OC446340 bus:LimitedLiabilityPartnershipLLP 2023-03-16 2024-03-31 OC446340 bus:Director1 2023-03-16 2024-03-31 OC446340 bus:Director2 2023-03-16 2024-03-31 OC446340 bus:Director3 2023-03-16 2024-03-31 OC446340 core:OtherPropertyPlantEquipment 2023-03-16 2024-03-31 OC446340 1 2023-03-16 2024-03-31 iso4217:GBP xbrli:pure

Company No: OC446340 (England and Wales)

OCEAN HISTORICS LLP

Unaudited Financial Statements
For the financial period from 16 March 2023 to 31 March 2024
Pages for filing with the registrar

OCEAN HISTORICS LLP

Unaudited Financial Statements

For the financial period from 16 March 2023 to 31 March 2024

Contents

OCEAN HISTORICS LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial period from 16 March 2023 to 31 March 2024
OCEAN HISTORICS LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial period from 16 March 2023 to 31 March 2024
DESIGNATED MEMBERS Artirix Ltd (Appointed 16 March 2023)
Alexandra Louise Joanna Hutt (Appointed 16 March 2023, Resigned 16 March 2023)
Daniel James Lee (Appointed 16 March 2023)
REGISTERED OFFICE C/O Praxis
1 Poultry
London
EC2R 8EJ
United Kingdom
REGISTERED NUMBER OC446340 (England and Wales)
ACCOUNTANT Praxis
1 Poultry
London
EC2R 8EJ
United Kingdom
OCEAN HISTORICS LLP

BALANCE SHEET

As at 31 March 2024
OCEAN HISTORICS LLP

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024
£
Fixed assets
Tangible assets 3 331,500
331,500
Net current assets 0
Total assets less current liabilities 331,500
Net assets attributable to members 331,500
Represented by
Members' other interests
Members' capital classified as equity 331,500
331,500
331,500
Total members' interests
Members' other interests 331,500
331,500

For the financial period ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Ocean Historics LLP (registered number: OC446340) were approved and authorised for issue by the Board of Directors on 25 February 2025. They were signed on its behalf by:

Daniel James Lee
Designated member
OCEAN HISTORICS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 16 March 2023 to 31 March 2024
OCEAN HISTORICS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 16 March 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Ocean Historics LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is C/O Praxis, 1 Poultry, London, EC2R 8EJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The members have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements show the activities of the entity from incorporation to 31 March 2024.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. No depreciation has been charged in the preriod as the asset was not in use at the period end.

Plant and machinery etc. not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

Period from
16.03.2023 to
31.03.2024
Number
Monthly average number of persons employed by the LLP during the period 0

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 16 March 2023 0 0
Additions 331,500 331,500
At 31 March 2024 331,500 331,500
Accumulated depreciation
At 16 March 2023 0 0
At 31 March 2024 0 0
Net book value
At 31 March 2024 331,500 331,500

4. Financial commitments

Commitments

The LLP had no material capital commitments at the period ended 31 March 2024.

5. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the LLP since the financial period.