BLUE OCEAN DATA SOLUTION LTD Accounts






BLUE OCEAN DATA SOLUTION LTD

	Company No. 13196874
		Information for Filing with The Registrar
		31 December 2025

The Directors present their report and the accounts for the year ended 31 December 2025.

Principal activities
The principal activity of the company during the year under review was distribution and sale of cargo insurance. The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Statement of directors' responsibilities
The Directors are responsible for preparing the Directors' report and the accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with united Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: • select suitable accounting policies and then apply them consistently; • make judgments and estimates that are reasonable and prudent; • state whether applicable United Kingdom Accounting Standards, comprising FRS 102 Section 1A, have been followed, subject to any material departures disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Directors

The Directors who served at any time during the year were as follows:

Y. Ariav
M. Avgustevich
E. Goldberg
I. Weinstein

























































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

E. Goldberg
Director
29 September 2026

at	31 December 2025
Company No.		13196874	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	14,260	7,327


				14,260	7,327
Current assets

	Debtors		6	753,077	3,777,643

	Cash at bank and in hand			589,801	332,425
				1,342,878	4,110,068
Creditors: Amount falling due within one year			7	(415,634)	(1,471,123)
Net current assets				927,244	2,638,945
Total assets less current liabilities				941,504	2,646,272
Creditors: Amounts falling due after more than one year			8	(660,971)	(684,233)



Net assets				280,533	1,962,039

Capital and reserves
	Called up share capital			100	100
	Share premium account			-	1,891,217
	Revaluation reserve		10	259,163	188,618

	Profit and loss account		10	21,270	(117,896)

Total equity				280,533	1,962,039


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

E. Goldberg
Director
29 September 2026

for the year ended 31 December 2025

General information and basis of preparation

BLUE OCEAN DATA SOLUTION LTD is a private company limited by shares and incorporated in England and Wales.

The company's registered number is: 13196874

The address of the company's registered office is:

201 Haverstock Hill

Second Floor

c/o FKGB

London

NW3 4QG

The financial statements have been prepared under the historical cost convention, unless otherwise stated, and in accordance with FRS 102 Section 1A , the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements have been presented in Pound Sterling as this is the currency of the primary economic environment in which the company operates and is rounded to the nearest pound.

Going concern

These financial statements have been prepared on a going concern basis. The directors, having considered the financial position of the company for a period of at least twelve months from the date of signing these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern. Accordingly the directors have a reasonable expectation that the company will continue in operational existence and therefore they continues to adopt the going concern basis of accounting to prepare the financial statements.

Accounting policies

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Straight line

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

Taxation comprises current and deferred tax. Current tax is recognised at the amount expected to be paid using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. Deferred tax assets are recognised to the extent that it is probable that they will be recovered. Deferred tax is measured using tax rates enacted or substantively enacted at the balance sheet date.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Share-based payments

Share-based payment arrangements in which the entity receives goods or services as consideration for its own equity instruments are accounted for as equity-settled share-based payment transactions, regardless of how the equity instruments are obtained by the entity.

The grant date fair value of share-based payments awards granted to employees is recognised as an employee expense, with a corresponding increase in equity, over the period in which the employees become unconditionally entitled to the awards. The fair value of the awards granted is measured based on using an option valuation model, taking into account the terms and conditions upon which the awards were granted. The amount recognised as an expense is adjusted to reflect the actual number of awards for which the related service and non-market vesting conditions are expected to be met, such that the amount ultimately recognised as an expense is based on the number of awards that do meet the related service and non-market performance conditions at the vesting date.

For share-based payment awards with non-vesting conditions, the grant date fair value of the share-based payment is measured to reflect such conditions and there is no true-up for differences between expected and actual outcomes. Where the terms and conditions of options are modified before they vest, the increase in the fair value of options, measured immediately before and after the modification, is also charged to the Profit and Loss account over the remaining vesting period.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	12	8

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Credit for the period	(3,371)	25,280

		Total corporation tax	(3,371)	25,280


		Changes in tax rates	-	-


		Tax on profit on ordinary activities	(3,371)	25,280

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-29172	£	£
		Profit on ordinary activities before tax	135,795	15,847

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	25,801	3,011
		Expenses not deductible for tax purposes	(29,172)	22,269

		Utilisation of tax losses	-	-
		Other short term timing differences	-	-

		Tax on profit on ordinary activities	(3,371)	25,280

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 January 2025	10,591	10,591
		Additions	10,332	10,332



		At 31 December 2025	20,923	20,923
		Depreciation
		At 1 January 2025	3,264	3,264
		Charge for the year	3,399	3,399



		At 31 December 2025	6,663	6,663
		Net book values
		At 31 December 2025	14,260	14,260
		At 31 December 2024	7,327	7,327

6	Debtors
			2025	2024
			£	£
		Trade debtors	221,432	213,092





		Other debtors	531,645	3,564,551

			753,077	3,777,643

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	30,552	26,558

		Taxes and social security	33,254	93,535

		Other creditors	7,554	1,183,735
		Accruals and deferred income	344,274	167,295
			415,634	1,471,123

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£







		Accruals and deferred income	660,971	684,233
			660,971	684,233

Share Capital

Allotted, called up and fully paid: 10,000 Ordinary shares of £0.01 each, £100 (2024: £100).

10	Reserves
			Revaluation Reserve	Total other reserves
			£	£
		At 1 January 2024	104,118	104,118
		Movement on revaluation reserve	84,500	84,500


		At 31 December 2024 and 1 January 2025	188,618	188,618
		Movement on revaluation reserve	70,545	70,545


		At 31 December 2025	259,163	259,163

		Other reserves - reflects the movement in equity-settled schemes.


		Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Transactions with related parties

Included within other debtors is an amount of £456,343 (2024: £3,505,778) owed to the Company by Blue Ocean Ltd, a company incorporated in Israel and a related party by virtue of common ownership. The balance is unsecured, interest-free and repayable on demand.

Ultimate controlling party

The Company is ultimately controlled by Blue Ocean Data Solutions Inc., its sole shareholder.