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Company Registration No. 15400244 (England and Wales)
Ocean Service Group Ltd. Unaudited accounts for the year ended 31 January 2025
Ocean Service Group Ltd. Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Ocean Service Group Ltd. Company Information for the year ended 31 January 2025
Directors
Stephen Kenneth Phillips Christopher David Phillips
Company Number
15400244 (England and Wales)
Registered Office
Unit 2 Honey Hill Road, Kingswood Bristol BS15 4HG United Kingdom
Accountants
Court Book-keeping Services 56 Court Road Oldland Common Bristol South Gloucestershire BS30 9SP
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Ocean Service Group Ltd. Accountants' report
Accountants' report to the board of directors of Ocean Service Group Ltd. on the preparation of the unaudited statutory accounts for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ocean Service Group Ltd. for the year ended 31 January 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ocean Service Group Ltd., as a body, in accordance with the terms of our engagement letter dated 1 February 2024. Our work has been undertaken solely to prepare for your approval the accounts of Ocean Service Group Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ocean Service Group Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ocean Service Group Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Ocean Service Group Ltd.. You consider that Ocean Service Group Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ocean Service Group Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Court Book-keeping Services 56 Court Road Oldland Common Bristol South Gloucestershire BS30 9SP 9 October 2025
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Ocean Service Group Ltd. Statement of financial position as at 31 January 2025
2025
Notes
£
Fixed assets
Tangible assets
4
561
Current assets
Debtors
5
16,399
Cash at bank and in hand
545
16,944
Creditors: amounts falling due within one year
6
(19,598)
Net current liabilities
(2,654)
Total assets less current liabilities
(2,093)
Creditors: amounts falling due after more than one year
7
(16,067)
Net liabilities
(18,160)
Capital and reserves
Profit and loss account
(18,160)
Shareholders' funds
(18,160)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by
Stephen Kenneth Phillips Director Company Registration No. 15400244
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Ocean Service Group Ltd. Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Ocean Service Group Ltd. is a private company, limited by shares, registered in England and Wales, registration number 15400244. The registered office is Unit 2 Honey Hill Road,, Kingswood, Bristol, BS15 4HG, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 February 2024
-
Additions
841
At 31 January 2025
841
Depreciation
Charge for the year
280
At 31 January 2025
280
Net book value
At 31 January 2025
561
5
Debtors
2025
£
Amounts falling due within one year
Accrued income and prepayments
10,783
Amounts falling due after more than one year
Trade debtors
5,616
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Ocean Service Group Ltd. Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
£
VAT
(869)
Trade creditors
17,610
Taxes and social security
1,759
Other creditors
320
Accruals
778
19,598
7
Creditors: amounts falling due after more than one year
2025
£
Bank loans
16,067
8
Average number of employees
During the year the average number of employees was 1.
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