ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-12-312020-12-311Investing holding company2020-01-01true1truetrue 02776110 2020-01-01 2020-12-31 02776110 2019-01-01 2019-12-31 02776110 2020-12-31 02776110 2019-12-31 02776110 c:Director1 2020-01-01 2020-12-31 02776110 d:CurrentFinancialInstruments 2020-12-31 02776110 d:CurrentFinancialInstruments 2019-12-31 02776110 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 02776110 d:CurrentFinancialInstruments d:WithinOneYear 2019-12-31 02776110 d:ShareCapital 2020-12-31 02776110 d:ShareCapital 2019-12-31 02776110 d:SharePremium 2020-12-31 02776110 d:SharePremium 2019-12-31 02776110 d:CapitalRedemptionReserve 2020-12-31 02776110 d:CapitalRedemptionReserve 2019-12-31 02776110 d:RetainedEarningsAccumulatedLosses 2020-12-31 02776110 d:RetainedEarningsAccumulatedLosses 2019-12-31 02776110 c:EntityHasNeverTraded 2020-01-01 2020-12-31 02776110 c:FRS102 2020-01-01 2020-12-31 02776110 c:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 02776110 c:FullAccounts 2020-01-01 2020-12-31 02776110 c:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 02776110 6 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure

Registered number: 02776110









OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020
 
OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED
REGISTERED NUMBER: 02776110

BALANCE SHEET
AS AT 31 DECEMBER 2020

2020
2019
Note
£
£

Fixed assets
  

Investments
 4 
34,593
34,593

Current assets
  

Debtors: amounts falling due within one year
 5 
3,565,720
3,565,720

Creditors: amounts falling due within one year
 6 
(3,205,720)
(3,205,720)

Net current assets
  
 
 
360,000
 
 
360,000

  

Net assets
  
394,593
394,593


Capital and reserves
  

Called up share capital 
  
77
77

Share premium account
  
394,425
394,425

Capital redemption reserve
  
41
41

Profit and loss account
  
50
50

  
394,593
394,593


For the year ended 31 December 2020 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1
 
OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED
REGISTERED NUMBER: 02776110
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2020

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2021.



M Dymock
Director

The notes on pages 3 to 4 form part of these financial statements.

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OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

1.


General information

Offshore Shipbrokers (Holdings) Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is 35 Artillery Lane, London, E1 7LP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Creditors

Short term creditors are measured at the transaction price. 

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2019 - 1).

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OFFSHORE SHIPBROKERS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2020
34,593



At 31 December 2020

34,593






Net book value



At 31 December 2020
34,593



At 31 December 2019
34,593


5.


Debtors

2020
2019
£
£


Amounts owed by group undertakings
3,565,720
3,565,720



6.


Creditors: Amounts falling due within one year

2020
2019
£
£

Amounts owed to group undertakings
3,205,720
3,205,720


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