Oceanic Mirage Fisheries Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 15177348

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		758,400		774,200
Tangible Assets	5		1,050,000		2,676,109

			1,808,400		3,450,309
CURRENT ASSETS
Debtors	6	470,942		650,853
Cash at bank and in hand		327		-

		471,269		650,853
Creditors: Amounts Falling Due Within One Year	7	(695,935 )		(709,758 )

NET CURRENT ASSETS (LIABILITIES)			(224,666 )		(58,905 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,583,734		3,391,404

Creditors: Amounts Falling Due After More Than One Year	8		(1,548,688 )		(1,706,294 )

NET ASSETS			35,046		1,685,110

CAPITAL AND RESERVES
Called up share capital	9		1		1
Revaluation reserve			-		1,765,000
Profit and Loss Account			35,045		(79,891 )

SHAREHOLDERS' FUNDS			35,046		1,685,110

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Oceanic Mirage Fisheries Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ben Squire

Director

07/05/2026

The notes on pages 4 to 5 form part of these financial statements.

	Share Capital	Revaluation reserve	Profit and Loss Account	Total
	£	£	£	£
As at 1 October 2023	-	-	-	-
Loss for year	-	-	(79,891)	(79,891 )

Surplus on revaluation	-	1,765,000	-	1,765,000

Other comprehensive income for the year	-	1,765,000	-	1,765,000

Total comprehensive income for the year	-	1,765,000	(79,891 )	1,685,109

Arising on shares issued during the period	1	-	-	1

As at 30 September 2024 and 1 October 2024	1	1,765,000	(79,891 )	1,685,110


Profit for year	-	-	114,936	114,936

Deficit on revaluation	-	(1,765,000)	-	(1,765,000)

Other comprehensive income for the year	-	(1,765,000 )	-	(1,765,000 )

Total comprehensive income for the year	-	(1,765,000)	114,936	(1,650,064)

As at 30 September 2025	1	-	35,045	35,046

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Oceanic Mirage Fisheries Limited

Notes to the Financial Statements

For The Year Ended 30 September 2025

1. General Information

Oceanic Mirage Fisheries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15177348 . The registered office is 4-5 Russell Court, Palace Street, Plymouth, England, PL1 2AS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are fishing licenses It is amortised to the profit and loss account over its estimated economic life of 50 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

Over 35 years

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2024	790,000

As at 30 September 2025	790,000

Amortisation
As at 1 October 2024	15,800
Provided during the period	15,800

As at 30 September 2025	31,600

Net Book Value
As at 30 September 2025	758,400

As at 1 October 2024	774,200

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Oceanic Mirage Fisheries Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Tangible Assets

	Plant & Machinery
	£
Cost or Valuation
As at 1 October 2024	2,754,818
Additions	242,311
Revaluation	(1,782,788 )

As at 30 September 2025	1,214,341

Depreciation
As at 1 October 2024	78,709
Provided during the period	85,632

As at 30 September 2025	164,341

Net Book Value
As at 30 September 2025	1,050,000

As at 1 October 2024	2,676,109

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	18,250
Amounts owed by group undertakings	470,942	566,090
Other debtors	-	66,513

	470,942	650,853

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	127,500
Other creditors	667,106	582,258
Taxation and social security	28,829	-

	695,935	709,758

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,548,688	1,706,294

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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