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# OIL INTERNET LIMITED

## Company Registration Number:
04462943 (England and Wales)

## Unaudited abridged accounts for the year ended 30 June 2025

## Period of accounts

## Start date: 01 July 2024

## End date: 30 June 2025

# OIL INTERNET LIMITED

## Contents of the Financial Statements

for the Period Ended 30 June 2025

Company Information - 3 |
Report of the Directors - 4 |
Balance sheet - 5 |
Additional notes - 7 |
Balance sheet notes - 10 |

# OIL INTERNET LIMITED

## Company Information

for the Period Ended 30 June 2025

Director: |  | A I Goodson
|  | P C Hislop
Registered office: |  | Unit 410 27-31 Clerkenwell Close London EC1R 0AU
Company Registration Number: |  | 04462943 (England and Wales)

# OIL INTERNET LIMITED

## Directors' Report Period Ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Principal Activities

Internet Web Site Related Business

Directors

The directors shown below have held office during the whole of the period from 01 July 2024 to 30 June 2025
A I Goodson
P C Hislop

This report was approved by the board of directors on 9 January 2026
And Signed On Behalf Of The Board By:

Name: A I Goodson
Status: Director

# OIL INTERNET LIMITED

## Balance sheet

As at 30 June 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Fixed assets
Intangible assets: | 4 | 30,692 | 29,823
Tangible assets: | 5 | 4,025 | 2,094
Total fixed assets: |  | 34,717 | 31,917
Current assets
Debtors: |  | 34,650 | 41,392
Cash at bank and in hand: |  | 36,876 | 43,018
Total current assets: |  | 71,526 | 84,410
Creditors: amounts falling due within one year: |  | ( 48,168 ) | ( 45,142 )
Net current assets (liabilities): |  | 23,358 | 39,268
Total assets less current liabilities: |  | 58,075 | 71,185
Total net assets (liabilities): |  | 58,075 | 71,185

The notes form part of these financial statements

# OIL INTERNET LIMITED

## Balance sheet continued

As at 30 June 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 4 | 4
Revaluation reserve: | 6 | 4,496 | 3,627
Profit and loss account: |  | 53,575 | 67,554
Shareholders funds: |  | 58,075 | 71,185

For the year ending 30 June 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 January 2026
And Signed On Behalf Of The Board By:

Name: A I Goodson
Status: Director

The notes form part of these financial statements

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents net invoiced sales of goods, excluding value added tax

  Tangible fixed assets depreciation policy

  Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
  Fixtures and fittings - 25% on reducing balance
  Computer equipment - 25% on reducing balance

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 2 | 2

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 3. Off balance sheet disclosure

  No

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 4. Intangible assets

  | Total
  --- | ---
  Cost | £
  At 01 July 2024 | 29,823
  Additions | -
  Disposals | -
  Revaluations | 869
  Transfers | -
  At 30 June 2025 | 30,692
  Amortisation |
  Charge for year | -
  On disposals | -
  Other adjustments | -
  Amortisation at 30 June 2025 | -
  Net book value |
  Net book value at 30 June 2025 | 30,692
  Net book value at 30 June 2024 | 29,823

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

## 5. Tangible Assets

| Total
--- | ---
Cost | £
At 01 July 2024 | 19,868
Additions | 3,273
Disposals | -
Revaluations | -
Transfers | -
At 30 June 2025 | 23,141
Depreciation |
At 01 July 2024 | 17,774
Charge for year | 1,342
On disposals | -
Other adjustments | -
At 30 June 2025 | 19,116
Net book value |
At 30 June 2025 | 4,025
At 30 June 2024 | 2,094

# OIL INTERNET LIMITED

## Notes to the Financial Statements

for the Period Ended 30 June 2025

## 6. Revaluation reserve

| 2025 £
--- | ---
Balance at 01 July 2024 | 3,627
Surplus or deficit after revaluation | 869
Balance at 30 June 2025 | 4,496