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REGISTERED NUMBER: 04942429 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

OCEANIC PROPERTIES LIMITED

OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company information | 1 |

| Balance sheet | 2 |

| Notes to the financial statements | 3 |

| OCEANIC PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| Directors: | Mrs M Katsikidou

| Mr A D Economou

| Secretary: | Vistra Cosec Limited

| Registered office: | Ground Floor, Templeback

| 10 Temple Back

| Bristol

| BS1 6FL

| Registered number: | 04942429 (England and Wales)

OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |

BALANCE SHEET

31 OCTOBER 2025

2025 | 2024 |

| Notes | € | €

FIXED ASSETS

Tangible assets | 4 | 724 |  | 574 |  |

Investment property | 5 | 98,759 |  | 98,759 |  |

99,483 |  | 99,333 |  |

CURRENT ASSETS

Debtors | 6 | 2,280 |  | 2,081 |  |

Cash at bank | 2,899 |  | 3,416 |  |

5,179 |  | 5,497 |  |

CREDITORS

Amounts falling due within one year | 7 | (802,509 | ) | (801,461 | ) |

NET CURRENT LIABILITIES | (797,330 | ) | (795,964 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (697,847 | ) | (696,631 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,427 |  | 1,427 |  |

Retained earnings | (699,274 | ) | (698,058 | ) |

(697,847 | ) | (696,631 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mr A D Economou - Director

OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Oceanic Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The company's functional and presentational currency is Euros and the financial statements have been rounded to the nearest Euro (€).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Turnover

| Turnover represents the rent received or receivable from the investment property, excluding value added tax.

| Investment property

| Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

| The fair value is determined annually by the directors, on an open market value for existing use basis.

| Tangible fixed assets

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc. - 25% on cost

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

| Basic financial liabilities

| Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into Euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Going concern

| Although the balance sheet is showing a net current liability position, the financial statements have been prepared on the going concern basis. The directors have confirmed that will not request the repayment of the loan in the next 12 months, the company will continue in operation for the foreseeable future and will be able to realise its assets and discharge its liabilities and commitments in the normal courses of business.

OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

| €

| Cost

| At 1 November 2024 | 848 |  |

| Additions | 469 |  |

| At 31 October 2025 | 1,317 |  |

| Depreciation

| At 1 November 2024 | 274 |  |

| Charge for year | 319 |  |

| At 31 October 2025 | 593 |  |

| Net book value

| At 31 October 2025 | 724 |  |

| At 31 October 2024 | 574 |  |

5. | INVESTMENT PROPERTY

Total |

| €

| Cost

| At 1 November 2024

| and 31 October 2025 | 98,759 |  |

| Net book value

| At 31 October 2025 | 98,759 |  |

| At 31 October 2024 | 98,759 |  |

| In the opinion of the directors, there is no change in the value of the property at the balance sheet date. The latest valuation was conducted by the Greek authorities on 30th October 2020.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| € | €

| Other debtors | 2,280 |  | 2,081 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| € | €

| Trade creditors | - |  | 4,046 |  |

| Other creditors | 802,509 |  | 797,415 |  |

802,509 |  | 801,461 |  |