Abbreviated Company Accounts - OCEAN COMPANY SERVICES LIMITED

OCEAN COMPANY SERVICES LIMITED - Company Information

04195632 OCEAN COMPANY SERVICES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04195632 2014-04-01 2015-03-31 04195632 2015-03-31 04195632 2014-03-31 04195632 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04195632 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04195632

OCEAN COMPANY SERVICES LIMITED

Abbreviated Accounts

31 March 2015

OCEAN COMPANY SERVICES LIMITED Registered Number 04195632

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	391	697
		391	697
Current assets
Debtors		3,468	2,947
Cash at bank and in hand		2,871	1,659
		6,339	4,606
Creditors: amounts falling due within one year		(3,161)	(2,554)
Net current assets (liabilities)		3,178	2,052
Total assets less current liabilities		3,569	2,749
Provisions for liabilities		(78)	(139)
Total net assets (liabilities)		3,491	2,610
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		3,489	2,608
Shareholders' funds		3,491	2,610

For the year ending 31 March 2015 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 December 2015

And signed on their behalf by:
A Swallow, Director

OCEAN COMPANY SERVICES LIMITED Registered Number 04195632

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery, etc. - 25% on cost

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2014	2,493
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,493
Depreciation
At 1 April 2014	1,796
Charge for the year	306
On disposals	-
At 31 March 2015	2,102
Net book values
At 31 March 2015	391
At 31 March 2014	697

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	A Swallow
Description of the transaction:	Loan
Balance at 1 April 2014:	£ 1,242
Advances or credits made:	-
Advances or credits repaid:	£ 1,242
Balance at 31 March 2015:	£ 0