Acorah Software Products - Accounts Production 19.2.450 false true false 2 March 2024 31 December 2024 31 December 2024 15537261 Mr E Hassett Ocean 88 Holdings Ltd 15 A Alexandrou Ypsilanti, Larnaca, Cyprus false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15537261 2024-03-01 15537261 2024-12-31 15537261 2024-03-02 2024-12-31 15537261 frs-core:CurrentFinancialInstruments 2024-12-31 15537261 frs-core:Non-currentFinancialInstruments 2024-12-31 15537261 frs-core:SharePremium 2024-12-31 15537261 frs-core:ShareCapital 2024-12-31 15537261 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15537261 frs-bus:PrivateLimitedCompanyLtd 2024-03-02 2024-12-31 15537261 frs-bus:FilletedAccounts 2024-03-02 2024-12-31 15537261 frs-bus:SmallEntities 2024-03-02 2024-12-31 15537261 frs-bus:AuditExempt-NoAccountantsReport 2024-03-02 2024-12-31 15537261 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-02 2024-12-31 15537261 1 2024-03-02 2024-12-31 15537261 frs-core:UnlistedNon-exchangeTraded 2024-12-31 15537261 frs-core:UnlistedNon-exchangeTraded 2024-03-01 15537261 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-01 15537261 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 15537261 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 15537261 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-01 15537261 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 15537261 frs-bus:Director1 2024-03-02 2024-12-31 15537261 frs-countries:EnglandWales 2024-03-02 2024-12-31
Registered number: 15537261
Ocean 88 (UK) Limited
Unaudited Financial Statements
For the Period 2 March 2024 to 31 December 2024
Ocean 88 (UK) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Ocean 88 (UK) Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 15537261

| 31 December 2024
--- | ---
| Notes | £ | £
FIXED ASSETS
Investments | 4 |  | 21,675,712
|  |  | 21,675,712
CURRENT ASSETS
Debtors | 5 | 5,640,400 |
|  | 5,640,400 |
Creditors: Amounts Falling Due Within One Year | 6 | (33,268 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 5,607,132
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 27,282,844
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (6,088,179 )
NET ASSETS |  |  | 21,194,665
CAPITAL AND RESERVES
Called up share capital | 8 |  | 102
Share premium account |  |  | 21,238,548
Profit and Loss Account |  |  | (43,985 )
SHAREHOLDERS' FUNDS |  |  | 21,194,665

Page 1
Page 2
Ocean 88 (UK) Limited
Balance Sheet (continued)
As At 31 December 2024
For the period ending 31 December 2024 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 E Hassett Director
21/07/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Ocean 88 (UK) Limited
Notes to the Financial Statements
For the Period 2 March 2024 to 31 December 2024
Notes to the Financial Statements
1. General Information
Ocean 88 (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15537261 . The registered office is 5 North End Road, London, NW11 7RJ.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 2 March 2024 | -
Additions | 21,675,712
As at 31 December 2024 | 21,675,712
Provision
As at 2 March 2024 | -
As at 31 December 2024 | -
Net Book Value
As at 31 December 2024 | 21,675,712
As at 2 March 2024 | -

5. Debtors

| 31 December 2024
--- | ---
| £
Due within one year
Other debtors | 5,640,400

6. Creditors: Amounts Falling Due Within One Year

| 31 December 2024
--- | ---
| £
Amounts owed to group undertakings | 1,350
Other creditors | 31,918
| 33,268

Page 3
Page 4
Ocean 88 (UK) Limited
Notes to the Financial Statements (continued)
For the Period 2 March 2024 to 31 December 2024
7. Creditors: Amounts Falling Due After More Than One Year

| 31 December 2024
--- | ---
| £
Amounts owed to group undertakings | 6,088,179

8. Share Capital

| 31 December 2024
--- | ---
| £
Allotted, Called up and fully paid | 102

9. Parent Undertaking and Controlling Party
The company's immediate and parent undertaking is Ocean 88 Holdings Ltd . Ocean 88 Holdings Ltd was incorporated in Cyprus. The address of Ocean 88 Holdings Ltd is 15 A Alexandrou Ypsilanti, Larnaca, Cyprus.
Page 4