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Company Registration No. 09080737 (England and Wales)
Oyster Cay Limited Unaudited accounts for the year ended 31 May 2025
Oyster Cay Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Oyster Cay Limited Company Information for the year ended 31 May 2025
Director
Alison Beaumont
Company Number
09080737 (England and Wales)
Registered Office
St Andrews Business Centre St Andrews Pa Bromfield Industrial Estate Mold CH7 1XB Wales
Accountants
Power Accountants, Business and Tax Advisors Limited Royal House, 14 Upper Northgate Street Chester CH1 4EE
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Oyster Cay Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
564
752
Current assets
Debtors
5
41,337
41,337
Cash at bank and in hand
52,242
48,295
93,579
89,632
Creditors: amounts falling due within one year
6
(78,097)
(64,880)
Net current assets
15,482
24,752
Total assets less current liabilities
16,046
25,504
Creditors: amounts falling due after more than one year
7
-
(18,363)
Net assets
16,046
7,141
Capital and reserves
Called up share capital
100
100
Profit and loss account
15,946
7,041
Shareholders' funds
16,046
7,141
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 March 2026 and were signed on its behalf by
Alison Beaumont Director Company Registration No. 09080737
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Oyster Cay Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Oyster Cay Limited is a private company, limited by shares, registered in England and Wales, registration number 09080737. The registered office is St Andrews Business Centre St Andrews Pa, Bromfield Industrial Estate , Mold, CH7 1XB, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A"Small Entities “of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.
Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible.
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Oyster Cay Limited Notes to the Accounts for the year ended 31 May 2025
Going concern
The financial statements have been prepared on a going concern basis. The Director has assessed the company's ability to continue as a going concern and is satisfied that the company has the necessary funding to meet day-to-day working capital requirements. The Director believes that the going concern assumption is appropriate for the preparation of the financial statements.
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 June 2024
3,115
At 31 May 2025
3,115
Depreciation
At 1 June 2024
2,363
Charge for the year
188
At 31 May 2025
2,551
Net book value
At 31 May 2025
564
At 31 May 2024
752
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
41,337
41,337
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
27,640
10,800
VAT
1,685
3,222
Trade creditors
46,495
37,362
Taxes and social security
2,202
1,590
Other creditors
75
11,906
78,097
64,880
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
18,363
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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