OCEAN BUSINESS SERVICES LTD


1 September 2020 false No description of principal activity Taxfiler 2022.4.1 12142715business:PrivateLimitedCompanyLtd2020-09-012021-08-31 121427152020-08-31 121427152020-09-012021-08-31 12142715business:AuditExempt-NoAccountantsReport2020-09-012021-08-31 12142715business:FullAccounts2020-09-012021-08-31 121427152021-08-31 12142715business:Director12020-09-012021-08-31 12142715business:RegisteredOffice2020-09-012021-08-31 121427152020-08-31 12142715core:WithinOneYear2021-08-31 12142715core:WithinOneYear2020-08-31 12142715core:AfterOneYear2021-08-31 12142715core:AfterOneYear2020-08-31 12142715core:ShareCapital2021-08-31 12142715core:ShareCapital2020-08-31 12142715core:RetainedEarningsAccumulatedLosses2021-08-31 12142715core:RetainedEarningsAccumulatedLosses2020-08-31 12142715business:SmallEntities2020-09-012021-08-31 12142715countries:EnglandWales2020-09-012021-08-31 121427152019-09-012020-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12142715 (England and Wales)
OCEAN BUSINESS SERVICES LTD Unaudited accounts for the year ended 31 August 2021
OCEAN BUSINESS SERVICES LTD Unaudited accounts Contents
Page
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OCEAN BUSINESS SERVICES LTD Company Information for the year ended 31 August 2021
Director
Choudhry Yasir Iqbal
Company Number
12142715 (England and Wales)
Registered Office
344-348 HIGH ROAD ILFORD ESSEX IG1 1QP ENGLAND
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OCEAN BUSINESS SERVICES LTD Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
62,173 
10,725 
Creditors: amounts falling due within one year
(1,607)
(2,199)
Net current assets
60,566 
8,526 
Total assets less current liabilities
60,566 
8,526 
Creditors: amounts falling due after more than one year
(50,000)
- 
Net assets
10,566 
8,526 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,466 
8,426 
Shareholders' funds
10,566 
8,526 
For the year ending 31 August 2021 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2022 and were signed on its behalf by
Choudhry Yasir Iqbal Director Company Registration No. 12142715
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OCEAN BUSINESS SERVICES LTD Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
OCEAN BUSINESS SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12142715. The registered office is 344-348 HIGH ROAD, ILFORD, ESSEX, IG1 1QP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
1,607 
2,199 
5
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
50,000 
- 
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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