Ocean Properties (Cardiff) Limited |
Registered Number:11627990 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
Ocean Properties (Cardiff) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Ocean Properties (Cardiff) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
259,153
264,955
2
259,153
264,955
80,000
80,000
3
Trade and other receivables |
343,806
341,682
4
132,392
Cash and cash equivalents |
21,984
443,666
556,198
Trade and other payables: amounts falling due within one |
year |
(765,417)
(786,600)
5
(209,219)
(342,934)
Net current liabilities
Total assets less current liabilities |
(83,781)
55,736
Trade and other payables: amounts falling due after more |
than one year |
(679,950)
(699,950)
6
(783,731)
Net liabilities
(624,214)
100
100
(783,831)
(624,314)
(783,731)
(624,214)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 26 June 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2024
Ocean Properties (Cardiff) Limited
Notes to the Financial Statements
Statutory Information
Ocean Properties (Cardiff) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 11627990. |
8 Mountjoy Place
Penarth
Vale Of Glamorgan
CF64 2TB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
289,321
289,321
Provision for depreciation and impairment |
24,366
Charge for year
5,802
30,168
259,153
264,955
2023
2024
80,000
80,000
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For the year ended 31 October 2024
Ocean Properties (Cardiff) Limited
Notes to the Financial Statements Continued
4. Trade and other receivables |
2023
2024
-
16,000
Amounts owed by group undertakings and participating interests |
331,384
314,354
10,298
13,452
343,806
341,682
The debtors above include the following amounts falling due after more than one year: |
Amounts owed by group undertakings and participating interests |
331,384
314,354
5. Trade and other payables: amounts falling due within one year |
2023
2024
(1)
-
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
780,023
764,157
6,578
1,260
786,600
765,417
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
699,950
679,950
7. Related party transactions |
At 31 October 2024 the company owed its shareholder and director Colin Robinson £699,950.
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 2)
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