2023-11-01 11627990 2024-10-31 11627990 2023-11-01 2024-10-31 11627990 2023-10-31 11627990 2022-11-01 2023-10-31 11627990 uk-core:WithinOneYear 2023-10-31 11627990 uk-core:WithinOneYear 2024-10-31 11627990 uk-core:AfterOneYear 2023-10-31 11627990 uk-core:AfterOneYear 2024-10-31 11627990 uk-core:ShareCapital 2024-10-31 11627990 uk-core:ShareCapital 2023-10-31 11627990 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 11627990 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 11627990 uk-bus:Director1 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 11627990 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11627990 uk-bus:FRS102 2023-11-01 2024-10-31 11627990 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 11627990 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Ocean Properties (Cardiff) Limited
Registered Number:11627990
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
11627990
As at 31 October 2024
Ocean Properties (Cardiff) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
259,153
264,955
2
259,153
264,955
Current assets
Inventories
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)
Capital and reserves
Called up share capital
100
100
Retained earnings
(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.
A S Hancock Director
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
1 of 3
4
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.
Registered address:
8 Mountjoy Place
Penarth
Vale Of Glamorgan
CF64 2TB
The presentation currency is £ sterling.
1. Accounting policies
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
Land and
Buildings
£
Cost or
valuation
At 01 November 2023
289,321
At 31 October 2024
289,321
Provision for depreciation and impairment
At 01 November 2023
24,366
Charge for year
5,802
At 31 October 2024
30,168
At 31 October 2024
Net book value
259,153
At 31 October 2023
264,955
3. Inventories
2023
2024
£
£
Stocks
80,000
80,000
2 of 3
5
For the year ended 31 October 2024
Ocean Properties (Cardiff) Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
16,000
Amounts owed by group undertakings and participating interests
331,384
314,354
Other debtors
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
£
£
Trade creditors
(1)
-
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
780,023
764,157
Other creditors
6,578
1,260
786,600
765,417
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
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)
3 of 3