REGISTERED NUMBER: SC793061 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

OCEAN BLUE (ABERDEEN) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L L Smith

Ms S L Smith

REGISTERED OFFICE:

47 Albert Street

Aberdeen

AB25 1XT

REGISTERED NUMBER:

SC793061 (Scotland)

FIXED ASSETS

Tangible assets

4

7,616

5,445

CURRENT ASSETS

Stocks

35,091

48,745

Debtors

5

602

-

Cash at bank

48,199

47,830

83,892

96,575

CREDITORS

Amounts falling due within one year

6

93,285

103,070

NET CURRENT LIABILITIES

(9,393

)

(6,495

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,777

)

(1,050

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,877

)

(1,150

)

(1,777

)

(1,050

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 31 August 2026 and were signed on its behalf by:

Ms S L Smith - Director

1.	STATUTORY INFORMATION

Ocean Blue (Aberdeen) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

Although technically insolvent the company is being supported by the director.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

4,750

986

5,736

Additions

1,876

1,841

3,717

At 31 December 2025

6,626

2,827

9,453

DEPRECIATION

At 1 January 2025

223

68

291

Charge for year

1,094

452

1,546

At 31 December 2025

1,317

520

1,837

NET BOOK VALUE

At 31 December 2025

5,309

2,307

7,616

At 31 December 2024

4,527

918

5,445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

602

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

-

240

Taxation and social security

115

3,331

Other creditors

93,170

99,499

93,285

103,070

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.