Offshore Ship Design And Consultants Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09602458 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

OFFSHORE SHIP DESIGN AND CONSULTANTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R R Mainprize Jnr

Mr J E Walker

Mrs N J Walker

Mr R G Marshall

REGISTERED OFFICE:

Unit 18, Manor Court Manor Garth

Eastfield

Scarborough

North Yorkshire

YO11 3TU

REGISTERED NUMBER:

09602458 (England and Wales)

AUDITORS:

Fortus Audit LLP

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

CURRENT ASSETS

Debtors

4

10,100

18,098

Cash at bank

13,531

21,231

23,631

39,329

CREDITORS

Amounts falling due within one year

5

5,896

9,261

NET CURRENT ASSETS

17,735

30,068

TOTAL ASSETS LESS CURRENT LIABILITIES

17,735

30,068

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

17,635

29,968

SHAREHOLDERS' FUNDS

17,735

30,068

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by:

Mr R R Mainprize Jnr - Director

1.	STATUTORY INFORMATION

Offshore Ship Design And Consultants 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

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

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by group undertakings

10,000

Other debtors

100

8,098

10,100

18,098

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

5,521

8,886

Other creditors

375

5,896

9,261

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

50

Ordinary A Shares

£1

50

Ordinary B Shares

£1

50

100

Called up share capital is unpaid.

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jacqueline Godden FCCA (Senior Statutory Auditor)

for and on behalf of Fortus Audit LLP

8.	RELATED PARTY DISCLOSURES

During the year, the company made sales to fellow subsidiaries of £122,000 (2025 £233,000), the balance outstanding at the year end was £10,000 (2025 £10,000).

During the year the company made purchases from Companies in which the Director had an interest of £49,500 (2025 £82,500), the balance outstanding at the year end was £nil (2025 £nil).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mainprize Holdings Limited.

The ultimate controlling party is Project Summer Topco Limited.

For the year ended 31 March 2026, the largest group for which consolidated financial statements are prepared is the group headed by Project Summer Topco Limited (Company number 15246688 England & Wales). Copies of the consolidated financial statements can be requested from the registered office, Unit 18 Manor Court, Manor Garth, Eastfield, Scarborough YO11 3TU.

For the year ended 31 March 2026, the smallest group for which consolidated financial statements are prepared is the group headed by Mainprize Holdings Limited (Company number 11873588 England & Wales). Copies of the consolidated financial statements can be requested from the registered office, Unit 18 Manor Court, Manor Garth, Eastfield, Scarborough YO11 3TU.