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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
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RFOcean Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
856 
856 
Current assets
Debtors
786,556 
412,611 
Cash at bank and in hand
47,979 
113,226 
834,535 
525,837 
Creditors: amounts falling due within one year
(152,790)
(19,400)
Net current assets
681,745 
506,437 
Net assets
682,601 
507,293 
Capital and reserves
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
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RFOcean Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
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.
4
Investments
Other investments 
£ 
Valuation at 1 January 2024
856 
Valuation at 31 December 2024
856 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
948 
1,313 
Trade debtors
804 
8,923 
Other debtors
784,804 
402,375 
786,556 
412,611 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,687 
50 
Taxes and social security
150,615 
71,431 
Other creditors
488 
(52,081)
152,790 
19,400 
- 4 -
RFOcean Limited Notes to the Accounts for the year ended 31 December 2024
7
Loans to directors
None
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 5 -