Oyster Luxury Travel And Diving Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05747422

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		38,108		52,786

			38,108		52,786
CURRENT ASSETS
Stocks	5	34,388		54,009
Debtors	6	369,522		208,688
Cash at bank and in hand		136,370		62,268

		540,280		324,965
Creditors: Amounts Falling Due Within One Year	7	(577,345 )		(357,751 )

NET CURRENT ASSETS (LIABILITIES)			(37,065 )		(32,786 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,043		20,000

Creditors: Amounts Falling Due After More Than One Year	8		(30,008 )		(47,078 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,521 )		(10,029 )

NET LIABILITIES			(37,486 )		(37,107 )

CAPITAL AND RESERVES
Called up share capital	11		10,000		10,000
Profit and Loss Account			(47,486 )		(47,107 )

SHAREHOLDERS' FUNDS			(37,486)		(37,107)

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Oyster Luxury Travel And Diving Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 M Murphy

Director

25/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Oyster Luxury Travel And Diving Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05747422 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.

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. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	25% on reducing balance
Computer Equipment	25% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. 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.

2.7. 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.

...CONTINUED

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Oyster Luxury Travel And Diving Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation - continued

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.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	100,190	63,907	16,742	180,839
Additions	-	-	316	316

As at 31 March 2026	100,190	63,907	17,058	181,155

Depreciation
As at 1 April 2025	94,263	22,592	11,198	128,053
Provided during the period	2,372	10,329	2,293	14,994

As at 31 March 2026	96,635	32,921	13,491	143,047

Net Book Value
As at 31 March 2026	3,555	30,986	3,567	38,108

As at 1 April 2025	5,927	41,315	5,544	52,786

5. Stocks

	2026	2025
	£	£
Stock	34,388	54,009

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	21,162	7,743
Other debtors	348,360	200,945

	369,522	208,688

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Oyster Luxury Travel And Diving Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	6,404	6,172
Trade creditors	284,214	185,479
Bank loans and overdrafts	10,706	24,777
Other creditors	245,312	117,535
Taxation and social security	30,709	23,788

	577,345	357,751

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	30,008	36,411
Bank loans	-	10,667

	30,008	47,078

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	6,404	6,172
Later than one year and not later than five years	30,008	36,411

	36,412	42,583

	36,412	42,583

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	10,029	10,029
Utilised	(1,508 )	(1,508)

Balance at 31 March 2026	8,521	8,521

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10,000	10,000

12. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned

subsidiaries within the group.

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