Automocean Limited - Filleted accounts

Registered number

08166281

Automocean Limited

Filleted Accounts

31 August 2025

Automocean Limited
Registered number:		08166281
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		17,472			22,415

Current assets
Stocks		-			23,541
Debtors	4	355,743			421,872
Cash at bank and in hand		208,289			227,480
		564,032			672,893

Creditors: amounts falling due within one year	5	(158,674)			(289,733)

Net current assets			405,358			383,160

Net assets			422,830			405,575

Capital and reserves
Called up share capital			101			100
Profit and loss account			422,729			405,475

Shareholders' funds			422,830			405,575

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Johnson
Director
Approved by the board on 14 January 2026

Automocean Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		2


3	Tangible fixed assets
		Fixtures and fittings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	2,277		1,949		34,724		38,950
	Additions	1,291		-		-		1,291
	At 31 August 2025	3,568		1,949		34,724		40,241

	Depreciation
	At 1 September 2024	1,437		1,762		13,336		16,535
	Charge for the year	849		38		5,347		6,234
	At 31 August 2025	2,286		1,800		18,683		22,769

	Net book value
	At 31 August 2025	1,282		149		16,041		17,472
	At 31 August 2024	840		187		21,388		22,415


4	Debtors					2025		2024
£							£

	Trade debtors					230,872		410,505
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					117,510		1,510
	prepayments					1,807		1,726
	Other debtors					5,554		8,131
						355,743		421,872


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					91,868		161,009
	Taxation and social security costs					60,058		122,016
	Accruals					5,823		6,000
	Directors loan accounts					400		708
	Other creditors					525		-
						158,674		289,733


6	Related party transactions

	During the year the company paid dividends of £64,124 (2024: £65,390) to Lynx Holdings Limited, the controlling party.

	At the year end the company was owed loans of £1,000 (2024: £1000) by The Crown Abbey Foregate Limited, a company in which C Johnson is also a director.

	At the year end the company was owed loans of £116,510 (2024: £510) by Lynx Property Limited, a company in which C Johnson is also a director.


7	Controlling party

	Automocean Limited is 99% owned by Lynx Holdings Ltd, whose registered address is 8 Hillside Drive, Belvidere Paddocks, Shrewsbury, Shropshire, SY2 5LW


8	Other information

	Automocean Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Hillside Drive
	Belvidere
	Shrewsbury
	Shropshire
	SY2 5LW