OCN Chartering Ltd - Filleted accounts

Registered number

12879672

OCN Chartering Ltd

Filleted Accounts

30 September 2026

OCN Chartering Ltd
Registered number:		12879672
Balance Sheet
as at 30 September 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		2,570			408

Current assets
Debtors	4	12,355			7,500
Cash at bank and in hand		905			980
		13,260			8,480

Creditors: amounts falling due within one year	5	(15,276)			(8,686)

Net current liabilities			(2,016)			(206)

Net assets			554			202

Capital and reserves
Called up share capital			1			1
Profit and loss account			553			201

Shareholder's funds			554			202

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms Suzan Atasoy
Director
Approved by the board on 12 October 2026

OCN Chartering Ltd
Notes to the Accounts
for the year ended 30 September 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 October 2025			1,245
	Additions			2,702
	At 30 September 2026			3,947

	Depreciation
	At 1 October 2025			837
	Charge for the year			540
	At 30 September 2026			1,377

	Net book value
	At 30 September 2026			2,570
	At 30 September 2025			408


4	Debtors	2026		2025
£			£

	Trade debtors	12,355		7,500


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Bank loans and overdrafts	650		-
	Trade creditors	290		-
	Taxation and social security costs	814		345
	Other creditors	3,411		-
	Director's Account	10,111		8,341
		15,276		8,686


6	Other information

	OCN Chartering Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	6 Bowland Rd
	Woodford Green
	IG8 7LX