The Ocean Partnership Limited

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

Registered number: 04440901

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,989		13,737

			10,989		13,737
CURRENT ASSETS
Debtors	5	146,615		207,629
Cash at bank and in hand		5,118		26,028

		151,733		233,657
Creditors: Amounts Falling Due Within One Year	6	(25,999 )		(374,714 )

NET CURRENT ASSETS (LIABILITIES)			125,734		(141,057 )

TOTAL ASSETS LESS CURRENT LIABILITIES			136,723		(127,320 )

NET ASSETS/(LIABILITIES)			136,723		(127,320 )

CAPITAL AND RESERVES
Called up share capital	7		1,176		1,176
Share premium account			88		88
Profit and Loss Account			135,459		(128,584 )

SHAREHOLDERS' FUNDS			136,723		(127,320)

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The Ocean Partnership Limited

Balance Sheet (continued)

As At 31 December 2025

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 directors acknowledge their 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

C Mouskoundi

Director

14 September 2026

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

1. General Information

The Ocean Partnership Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04440901 . The registered office is c/o AKE, Hoddesdon Enterprise Centre, Pindar Road , Hoddesdon, EN11 0FJ.

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, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Fixtures & Fittings	20% Reducing balance
Computer Equipment	20% Reducing balance

2.4. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.5. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 13)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	4,719	73,689	78,408

As at 31 December 2025	4,719	73,689	78,408

...CONTINUED

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The Ocean Partnership Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	4,512	60,159	64,671
Provided during the period	42	2,706	2,748

As at 31 December 2025	4,554	62,865	67,419

Net Book Value
As at 31 December 2025	165	10,824	10,989

As at 1 January 2025	207	13,530	13,737

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	50,657
Other debtors	146,615	156,972

	146,615	207,629

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	135
Bank loans and overdrafts	-	102,315
Other creditors	25,999	164,853
Taxation and social security	-	107,411

	25,999	374,714

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,176	1,176

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Matthew Cameron	105,822	-	-	-	105,822

The above loan is unsecured, interest free and repayable on demand.

9. Related Party Transactions

Related party transaction exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial

Reporting Standard applicable in the UK", not to disclose related party transactions with wholly owned subsidiaries within the

group.

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The Ocean Partnership Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Allied People Group Ltd . The ultimate controlling party is M Cameron due to his majority shareholding in Allied People Group Ltd.

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