IRIS Accounts Production v25.4.0.155 14677740 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary A 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14677740 2024-03-31 14677740 2025-03-31 14677740 2024-04-01 2025-03-31 14677740 2023-02-19 14677740 2023-02-20 2024-03-31 14677740 2024-03-31 14677740 ns15:EnglandWales 2024-04-01 2025-03-31 14677740 ns14:PoundSterling 2024-04-01 2025-03-31 14677740 ns10:Director1 2024-04-01 2025-03-31 14677740 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14677740 ns10:SmallEntities 2024-04-01 2025-03-31 14677740 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14677740 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 14677740 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14677740 ns10:FullAccounts 2024-04-01 2025-03-31 14677740 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 14677740 ns10:Director2 2024-04-01 2025-03-31 14677740 ns10:RegisteredOffice 2024-04-01 2025-03-31 14677740 ns5:CurrentFinancialInstruments 2025-03-31 14677740 ns5:CurrentFinancialInstruments 2024-03-31 14677740 ns5:Non-currentFinancialInstruments 2025-03-31 14677740 ns5:Non-currentFinancialInstruments 2024-03-31 14677740 ns5:ShareCapital 2025-03-31 14677740 ns5:ShareCapital 2024-03-31 14677740 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 14677740 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 14677740 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 14677740 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 14677740 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 14677740 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| ONSHORE GROUP LIMITED |

ONSHORE GROUP LIMITED (REGISTERED NUMBER: 14677740)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

ONSHORE GROUP LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | C D Goodman

| N A P Moffett

| REGISTERED OFFICE: | Mulberry House 12 Castletown

| Upper Beeding

| Steyning

| East Sussex

| BN44 3TR

| REGISTERED NUMBER: | 14677740 (England and Wales)

| ACCOUNTANTS: | Watson Associates (Professional Services) Ltd

| 30 - 34 North Street

| Hailsham

| East Sussex

| BN27 1DW

ONSHORE GROUP LIMITED (REGISTERED NUMBER: 14677740)

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 880,695 |  | 1,401,106 |  |

Debtors | 4 | 100,050 |  | 50 |  |

Cash at bank | 33,107 |  | 33,925 |  |

1,013,852 |  | 1,435,081 |  |

CREDITORS

Amounts falling due within one year | 5 | (640,257 | ) | (668,607 | ) |

NET CURRENT ASSETS | 373,595 |  | 766,474 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 373,595 |  | 766,474 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (192,000 | ) | (787,829 | ) |

NET ASSETS/(LIABILITIES) | 181,595 |  | (21,355 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 181,495 |  | (21,455 | ) |

SHAREHOLDERS' FUNDS | 181,595 |  | (21,355 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

C D Goodman - Director

ONSHORE GROUP LIMITED (REGISTERED NUMBER: 14677740)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Onshore Group 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

| Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Taxation

| Taxation for the year 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 balance sheet date.

ONSHORE GROUP LIMITED (REGISTERED NUMBER: 14677740)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 100,000 |  | - |  |

| Other debtors | 50 |  | 50 |  |

100,050 |  | 50 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | 636,157 |  | 666,157 |  |

| Other creditors | 4,100 |  | 2,450 |  |

640,257 |  | 668,607 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 192,000 |  | 787,829 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Other loans more 5yrs instal | 192,000 |  | 787,829 |  |

7. | SECURED DEBTS

| Aggregate secured liabilities were £192,000 (2024 - £787,829). The bank loans are secured on the properties they relate to.

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary A | £1 | 100 |  | 100 |  |

ONSHORE GROUP LIMITED (REGISTERED NUMBER: 14677740)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| A balance of £100,000 (2024 - £Nil) was owed by Goodman Family Ventures Ltd, a fellow group undertaking. This amount is interest free and repayable on demand.

| At the year end a balance of £950 (2024 - £950) was owed to the directors. This amount is interest free and repayable on demand.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate parent company is Goodman Family Ventures Ltd, a company registered in England and Wales.

| The ultimate controlling party is Christopher Goodman by virtue of his shareholding in the ultimate parent company.