Company registration number 07810851 (England and Wales)
OCEANMART LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
OCEANMART LIMITED
COMPANY INFORMATION
Directors
Mr M Patel
Mr Priyesh Patel
Secretary
Mr Priyesh Patel
Company number
07810851
Registered office
134 Buckingham Palace Road
London
SW1W 9SA
Accountants
Magus Chartered Accountants
134 Buckingham Palace Road
London
SW1W 9SA
Business address
6 Oxford Street
Wellingborough
Northants
NN8 4JD
OCEANMART LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
OCEANMART LIMITED
BALANCE SHEET
AS AT
26 OCTOBER 2025
26 October 2025
- 1 -
26 October 2025
27 October 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,165,830
1,169,780
Current assets
Debtors
4
862,841
894,482
Cash at bank and in hand
13,211
12,070
876,052
906,552
Creditors: amounts falling due within one year
5
(78,284)
(172,039)
Net current assets
797,768
734,513
Total assets less current liabilities
1,963,598
1,904,293
Creditors: amounts falling due after more than one year
6
(5,834)
(5,833)
Net assets
1,957,764
1,898,460
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
1,957,664
1,898,360
Total equity
1,957,764
1,898,460

For the financial year ended 26 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 July 2026 and are signed on its behalf by:
Mr M Patel
Director
Company registration number 07810851 (England and Wales)
OCEANMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Oceanmart Limited is a private company limited by shares incorporated in England and Wales. The registered office is 134 Buckingham Palace Road, London, SW1W 9SA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts Fees receivable net of discount.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings
Nil
Fixtures, fittings & equipment
20% On Cost
Motor vehicles
20% Reducing balance method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
68
69
OCEANMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 26 OCTOBER 2025
- 3 -
3
Tangible fixed assets
Land and buildings
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 27 October 2024 and 26 October 2025
1,150,031
11,036
39,399
1,200,466
Depreciation and impairment
At 27 October 2024
-
0
11,036
19,650
30,686
Depreciation charged in the year
-
0
-
0
3,950
3,950
At 26 October 2025
-
0
11,036
23,600
34,636
Carrying amount
At 26 October 2025
1,150,031
-
0
15,799
1,165,830
At 26 October 2024
1,150,031
-
0
19,749
1,169,780
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
862,841
894,482
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
10,000
Corporation tax
39,833
137,529
Other taxation and social security
37,585
23,643
Other creditors
866
867
78,284
172,039
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
5,834
5,833
OCEANMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 26 OCTOBER 2025
- 4 -
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
25 Ordinary "A" of £1 each
25
25
25 Ordinary "B" of £1 each
25
25
50 Ordinary "C" of £1 each
50
50
100
100
8
Control

The company was under the control of Mr M Patel and Mrs B Patel during the year end the preceding financial year.

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