REGISTERED NUMBER: 03959451 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

OCEAN QUAY MARINA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

B Davies

E C Davies

SECRETARY:

Z R French

REGISTERED OFFICE:

Ocean Quay

Belvidere Road

Southampton

Hampshire

SO14 5QY

REGISTERED NUMBER:

03959451 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

661,275

616,537

CURRENT ASSETS

Debtors

5

286,818

32,416

Cash at bank

65,241

302,712

352,059

335,128

CREDITORS

Amounts falling due within one year

6

74,434

112,969

NET CURRENT ASSETS

277,625

222,159

TOTAL ASSETS LESS CURRENT LIABILITIES

938,900

838,696

PROVISIONS FOR LIABILITIES

8,239

9,855

NET ASSETS

930,661

828,841

CAPITAL AND RESERVES

Called up share capital

114

114

Share premium

249,986

249,986

Retained earnings

680,561

578,741

SHAREHOLDERS' FUNDS

930,661

828,841

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

B Davies - Director

1.	STATUTORY INFORMATION

Ocean Quay Marina Ltd 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.

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 rental income and berthing fees receivable during the period, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold

-

in accordance with the term of the lease

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

806,312

105,763

41,706

75,090

1,028,871

Additions

102,127

-

3,204

-

105,331

Disposals

-

-

-

(39,730

)

(39,730

)

At 31 December 2025

908,439

105,763

44,910

35,360

1,094,472

DEPRECIATION

At 1 January 2025

290,655

51,657

37,879

32,143

412,334

Charge for year

19,750

10,822

1,406

4,777

36,755

Eliminated on disposal

-

-

-

(15,892

)

(15,892

)

At 31 December 2025

310,405

62,479

39,285

21,028

433,197

NET BOOK VALUE

At 31 December 2025

598,034

43,284

5,625

14,332

661,275

At 31 December 2024

515,657

54,106

3,827

42,947

616,537

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

39,730

Disposals

(39,730

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

15,892

Eliminated on disposal

(15,892

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

23,838

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,818

7,894

Amounts owed by group undertakings

256,228

-

Amounts owed by associates

9,522

9,522

Other debtors

17,250

15,000

286,818

32,416

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

25,034

Trade creditors

346

7,398

Amounts owed to group undertakings

500

-

Amounts owed to associates

-

12,574

Taxation and social security

51,416

42,512

Other creditors

22,172

25,451

74,434

112,969

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, £135,627 (2024 - £12,574) was due to group companies and £9,522 (2024 - £9,522) was due from a company under common control. These amounts are interest free and repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ocean Quay Marina Ltd for the year ended 31 December 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ocean Quay Marina Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ocean Quay Marina Ltd and state those matters that we have agreed to state to the Board of Directors of Ocean Quay Marina Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ocean Quay Marina Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ocean Quay Marina Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ocean Quay Marina Ltd. You consider that Ocean Quay Marina Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ocean Quay Marina Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

4 September 2026