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Registration number: 10017896

Ovington Park Properties 2016 Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2023

 

Ovington Park Properties 2016 Limited

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Ovington Park Properties 2016 Limited

(Registration number: 10017896)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

8,630,817

8,630,817

Current assets

 

Cash at bank and in hand

 

2

2

Total assets less current liabilities

 

8,630,819

8,630,819

Creditors: Amounts falling due after more than one year

(267,857)

(267,857)

Net assets

 

8,362,962

8,362,962

Capital and reserves

 

Called up share capital

8,362,962

8,362,962

Total equity

 

8,362,962

8,362,962

For the financial year ending 31 March 2023 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 17 October 2023 and signed on its behalf by:
 

O S Mitchell

Director

 

Ovington Park Properties 2016 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Old Dairy
Ovington
Alresford
Hampshire
SO24 0RB

These financial statements were authorised for issue by the Board on 17 October 2023.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

4

Investments

Total
£

Cost or valuation

At 1 April 2022

8,630,817

Carrying amount

At 31 March 2023

8,630,817

At 31 March 2022

8,630,817

 

Ovington Park Properties 2016 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Ovington Park Properties 2013 Limited

England & Wales

Ordinary shares

100%

100%

Subsidiary undertakings

Ovington Park Properties 2013 Limited

The principal activity of Ovington Park Properties 2013 Limited is the holding of investment properties..