OSEA HOUSE LTD - Accounts

OSEA HOUSE LTD
Contents Page
For the year ended 28 February 2025

Company information	1
Directors' report	2
Statement of financial position	3

OSEA HOUSE LTD
Company Information
For the year ended 28 February 2025

Directors	Olatundun ABODUNRIN Sekou Olusegun ABODUNRIN
Registered Number	13228189
Registered Office	9 Saffron Close Maidstone Kent ME16 0US
Accountants	J and Co. Accountants Limited 85 Great Portland Street First Floor London W1W 7LT

1

OSEA HOUSE LTD
Directors' Report
For the year ended 28 February 2025

Director's report and financial statements

The directors present his/her/their report and accounts for the year ended 28 February 2025.

Principal activities

The principal activity of the company in the period under review was:

Development of building projects, buying and selling of own real estate, and other letting and operating of own or leased real estate.

Directors

The directors who served the company throughout the year were as follows:

Olatundun ABODUNRIN

Sekou Olusegun ABODUNRIN

Political and charitable donations

Charitable donations during the year amounted to £0 (2024 - £0). No contributions to political organizations were made during the year.

Statement of directors' responsibilities

The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

select suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board and signed on its behalf by:

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Olatundun ABODUNRIN
Director

Date approved: 20 November 2025

2

OSEA HOUSE LTD
Statement of Financial Position
As at 28 February 2025

	2025		2024
	£	£	£	£
Fixed assets		316		421
Current assets	101,509		125,200
Creditors: amount falling due within one year	(15,664)		(29,001)
Net current assets		85,845		96,199
Total assets less current liabilities		86,161		96,620
Creditors: amount falling due after more than one year		(105,800)		(105,800)
Accruals and deferred income		(450)		(500)
Net assets		(20,089)		(9,680)


Capital and reserves		(20,089)		(9,680)

NOTES TO THE ACCOUNTS

General Information

OSEA HOUSE LTD is a private company, limited by shares, registered in England and Wales, registration number 13228189, registration address 9 Saffron Close , Maidstone , Kent, ME16 0US.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 20 November 2025 and were signed on its behalf by:

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Olatundun ABODUNRIN
Director

3

Reports Dated : 20/11/2025	Registered Number: 13228189
England and Wales
OSEA HOUSE LTD

Unaudited Financial Statements

Period of accounts Start date: 01 March 2024 End date: 28 February 2025