Company Registration No. 11157636 (England and Wales)
RFOcean Limited
Unaudited accounts
for the year ended 31 December 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of RFOcean Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
RFOcean Limited for the year ended
31 December 2024 as set out on pages
3 -
5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
CFO360 Advisors Ltd
Chartered Accountants
483 Green Lanes
London
N13 4BS
27 February 2025
RFOcean Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
47,979
113,226
Creditors: amounts falling due within one year
(152,790)
(19,400)
Net current assets
681,745
506,437
Net assets
682,601
507,293
Called up share capital
100
100
Profit and loss account
682,501
507,193
Shareholders' funds
682,601
507,293
For the year ending 31 December 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 27 February 2025 and were signed on its behalf by
Frederik Rye-Florentz
Director
Company Registration No. 11157636
RFOcean Limited
Notes to the Accounts
for the year ended 31 December 2024
RFOcean Limited is a private company, limited by shares, registered in England and Wales, registration number 11157636. The registered office is 57 THE CHASE, LONDON, SW4 0NP, 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.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Other investments
Valuation at 1 January 2024
856
Valuation at 31 December 2024
856
Amounts falling due within one year
Other debtors
784,804
402,375
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
150,615
71,431
Other creditors
488
(52,081)
RFOcean Limited
Notes to the Accounts
for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).