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REGISTERED NUMBER: 15233694 (England and Wales)















Unaudited Financial Statements

for the Period 25 October 2023 to 31 October 2024

for

North Sea Opportunities Limited

North Sea Opportunities Limited (Registered number: 15233694)






Contents of the Financial Statements
for the Period 25 October 2023 to 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


North Sea Opportunities Limited

Company Information
for the Period 25 October 2023 to 31 October 2024







DIRECTOR: Mr Wouter Nicolaas van Gent





REGISTERED OFFICE: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE





REGISTERED NUMBER: 15233694 (England and Wales)






North Sea Opportunities Limited (Registered number: 15233694)

Statement of Financial Position
31 October 2024

Notes £    £   
FIXED ASSETS
Investment property 4 170,611

CURRENT ASSETS
Debtors 5 5,678
Cash at bank 9,378
15,056
CREDITORS
Amounts falling due within one year 6 205,409
NET CURRENT LIABILITIES (190,353 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,742

)

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings (19,842 )
SHAREHOLDERS' FUNDS (19,742 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

North Sea Opportunities Limited (Registered number: 15233694)

Statement of Financial Position - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:





Mr Wouter Nicolaas van Gent - Director


North Sea Opportunities Limited (Registered number: 15233694)

Notes to the Financial Statements
for the Period 25 October 2023 to 31 October 2024

1. STATUTORY INFORMATION

North Sea Opportunities Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
The investment property has been stated at cost as some of the property is still under development or refurbishment as at balance sheet date therefore the total market value of the property portfolio cannot be estimated.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The company has net liabilities of £19,742. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

North Sea Opportunities Limited (Registered number: 15233694)

Notes to the Financial Statements - continued
for the Period 25 October 2023 to 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INVESTMENT PROPERTY
Total
£   
COST
Additions 170,611
At 31 October 2024 170,611
NET BOOK VALUE
At 31 October 2024 170,611

Investment property situated at 124 Llewellyn Street, Pentre CF41 7BZ is under a charge from Sdka Ltd. The charge was created on 10th May 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 5,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 63,750
Other creditors 141,659
205,409

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 63,750

The loan amounting to £63,750 is secured by the way of charge on the property situated at 124 Llewellyn Street, Pentre CF41 7BZ (disclosed as investment property). The charge was created in the name of Sdka Ltd on 10th May 2024.

North Sea Opportunities Limited (Registered number: 15233694)

Notes to the Financial Statements - continued
for the Period 25 October 2023 to 31 October 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. RELATED PARTY DISCLOSURES

The company owes £141,659 to Aston Analytics B.V., a company registered in Netherlands (Company registered number: 86858793), who is also a sole shareholder of the company as at accounting year end date.