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Company Registration No. 06617044 (England and Wales)
Ocean Avr Ltd Unaudited accounts for the year ended 31 March 2025
Ocean Avr Ltd Unaudited accounts Contents
Page
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Ocean Avr Ltd Company Information for the year ended 31 March 2025
Director
Mr J Mitchell
Company Number
06617044 (England and Wales)
Registered Office
4 CROSS TREE CENTRE CAEN STREET BRAUNTON EX33 1AA ENGLAND
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
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Ocean Avr Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,049 
18,055 
Investment property
- 
1,819 
19,049 
19,874 
Current assets
Debtors
14,964 
46,707 
Cash at bank and in hand
305 
18,531 
15,269 
65,238 
Creditors: amounts falling due within one year
(22,102)
(19,653)
Net current (liabilities)/assets
(6,833)
45,585 
Total assets less current liabilities
12,216 
65,459 
Creditors: amounts falling due after more than one year
(8,641)
(13,464)
Provisions for liabilities
Deferred tax
(269)
(3,345)
Net assets
3,306 
48,650 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,206 
48,550 
Shareholders' funds
3,306 
48,650 
For the year ending 31 March 2025 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 20 May 2025 and were signed on its behalf by
Mr J Mitchell Director Company Registration No. 06617044
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Ocean Avr Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Ocean Avr Ltd is a private company, limited by shares, registered in England and Wales, registration number 06617044. The registered office is 4 CROSS TREE CENTRE, CAEN STREET, BRAUNTON, EX33 1AA, 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:
Land & buildings
10% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
18,000 
At 31 March 2025
18,000 
Amortisation
At 1 April 2024
18,000 
At 31 March 2025
18,000 
Net book value
At 31 March 2025
- 
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Ocean Avr Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
11,576 
46,737 
58,313 
Additions
- 
5,423 
5,423 
At 31 March 2025
11,576 
52,160 
63,736 
Depreciation
At 1 April 2024
8,916 
31,342 
40,258 
Charge for the year
266 
4,163 
4,429 
At 31 March 2025
9,182 
35,505 
44,687 
Net book value
At 31 March 2025
2,394 
16,655 
19,049 
At 31 March 2024
2,660 
15,395 
18,055 
6
Investment property
2025 
£ 
Fair value at 1 April 2024
1,819 
Disposals
(1,819)
At 31 March 2025
- 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,641 
43,854 
Other debtors
1,323 
2,853 
14,964 
46,707 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
7,941 
17,206 
Trade creditors
- 
1,269 
Taxes and social security
12,272 
- 
Loans from directors
934 
278 
Accruals
955 
900 
22,102 
19,653 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
8,641 
13,464 
10
Average number of employees
During the year the average number of employees was 1 (2024: 3).
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