Registration number: 12989733

Oceanus Charter Ltd

Contents

Company Information	1
Director's Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 7

Oceanus Charter Ltd

Company Information

Director

Mr R W Truscott

Registered office

Two Beeches, Shere Road Leatherhead Surrey KT24 6EW

Accountants

Atek Accounting Solutions Ltd Locke King House 2 Balfour Road Weybridge Surrey KT13 8HD

Oceanus Charter Ltd

Director's Report for the Year Ended 31 December 2025

The director presents his report and the financial statements for the year ended 31 December 2025.

Director of the company

The director who held office during the year was as follows:

Mrs J Dorricott (ceased 19 January 2026)

The following director was appointed after the year end:

Mr R W Truscott (appointed 19 January 2026)

Principal activity

The principal activity of the company is private yacht chartering.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 September 2026
 

......................................... Mr R W Truscott Director

Oceanus Charter Ltd

(Registration number: 12989733)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	491,562	563,499
Current assets
Cash at bank and in hand		955	696
Creditors: Amounts falling due within one year	5	(2,334)	(1,167)
Net current liabilities		(1,379)	(471)
Total assets less current liabilities		490,183	563,028
Creditors: Amounts falling due after more than one year	5	(1,202,864)	(1,131,515)
Net liabilities		(712,681)	(568,487)
Capital and reserves
Called up share capital	6	1	1
Retained earnings		(712,682)	(568,488)
Shareholders' deficit		(712,681)	(568,487)

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 24 September 2026
 

......................................... Mr R W Truscott Director

Oceanus Charter Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Two Beeches,
Shere Road
Leatherhead
Surrey
KT24 6EW

These financial statements were authorised for issue by the director on 24 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The Company has not carried out any paid charters to date. During the period the director instructed a professional website company to create a new website which has gone live. In addition, the business is actively promoting corporate events as well as fine dining experiences.

The Director of the business is committed to supporting the on-going operational costs and therefore the financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Oceanus Charter Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Yacht (motor powered)	6% straight line
Other plant and machinery	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

Oceanus Charter Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	936,611	936,611
Additions	2,657	2,657
At 31 December 2025	939,268	939,268
Depreciation
At 1 January 2025	373,112	373,112
Charge for the year	74,594	74,594
At 31 December 2025	447,706	447,706
Carrying amount
At 31 December 2025	491,562	491,562
At 31 December 2024	563,499	563,499

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	2,333	1,166
Other creditors	1	1
	2,334	1,167

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		1,202,864	1,131,515

Oceanus Charter Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1