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Company Registration No. 13077927 (England and Wales)
Ocean Souls Films Ltd Unaudited accounts for the year ended 31 December 2025
Ocean Souls Films Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ocean Souls Films Ltd Company Information for the year ended 31 December 2025
Director
HAMILTON, Philip Nicholas
Secretary
Marilena Solomon
Company Number
13077927 (England and Wales)
Registered Office
Flat 48 Eagle Works East 58 Quaker Street London E16SX England
Accountants
Charterwells Suite 8, 2nd Floor 43-45 High Road Bushey Heath WD23 1EE
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Ocean Souls Films Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
49,460 
46,803 
Current assets
Debtors
5
10,853 
10,853 
Cash at bank and in hand
11,861 
73,163 
22,714 
84,016 
Creditors: amounts falling due within one year
6
(23,705)
(84,487)
Net current liabilities
(991)
(471)
Total assets less current liabilities
48,469 
46,332 
Provisions for liabilities
Deferred tax
(14,845)
(14,845)
Net assets
33,624 
31,487 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,623 
31,486 
Shareholders' funds
33,624 
31,487 
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 September 2026 and were signed on its behalf by
HAMILTON, Philip Nicholas Director Company Registration No. 13077927
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Ocean Souls Films Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Ocean Souls Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 13077927. The registered office is Flat 48 Eagle Works East, 58 Quaker Street, London, E16SX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% WDM
Computer equipment
25% WDM
Deferred income
The organisation operates on a non-profit basis. In accordance with the matching principle, all income and expenditure for the period have been matched, with any net surplus or deficit transferred to deferred income.
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Ocean Souls Films Ltd Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
83,149 
7,458 
90,607 
Additions
19,144 
- 
19,144 
At 31 December 2025
102,293 
7,458 
109,751 
Depreciation
At 1 January 2025
39,719 
4,085 
43,804 
Charge for the year
15,644 
843 
16,487 
At 31 December 2025
55,363 
4,928 
60,291 
Net book value
At 31 December 2025
46,930 
2,530 
49,460 
At 31 December 2024
43,430 
3,373 
46,803 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
9,518 
Other debtors
10,853 
1,335 
10,853 
10,853 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
(2,126)
Other creditors
3,650 
3,650 
Loans from directors
4,721 
368 
Accruals
600 
1,000 
Deferred income
14,734 
81,595 
23,705 
84,487 
7
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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