OVAL ESTATES (ST PETER'S) LIMITED

Company Registration Number:
09989057 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

OVAL ESTATES (ST PETER'S) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

OVAL ESTATES (ST PETER'S) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Current assets
Stocks: 6,820,561 14,571,832
Debtors: 3 3,284,597 3,459,062
Cash at bank and in hand: 4,838 173
Investments: 4 345,186 345,186
Total current assets: 10,455,182 18,376,253
Creditors: amounts falling due within one year: 5 (6,299,754) (6,361,244)
Net current assets (liabilities): 4,155,428 12,015,009
Total assets less current liabilities: 4,155,428 12,015,009
Creditors: amounts falling due after more than one year: 6 (3,953,727) (12,215,008)
Total net assets (liabilities): 201,701 (199,999)
Capital and reserves
Called up share capital: 105,651 105,651
Profit and loss account: 96,050 (305,650)
Shareholders funds: 201,701 (199,999)

The notes form part of these financial statements

OVAL ESTATES (ST PETER'S) LIMITED

Balance sheet statements

For the year ending 31 December 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 March 2024
and signed on behalf of the board by:

Name: Alan Geoffrey Broadway
Status: Director

The notes form part of these financial statements

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
££
Debtors due after more than one year: 3,284,597 3,459,062

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Current investments

Investment in shares

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Trade creditors : £ 920,949, Related party: £ 1,528,516, Other creditors :£3,850,289 (Total £ 6,299,754)

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

The land owned by the company have first charges in favour of Relendex

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Related party transactions

Name of the related party: Oval Estates (Bath) Limited
Relationship:
Oval Estates (Bath) Limited is the parent company.
Description of the Transaction: As at 31 December 2023, Oval Estates (St Peters) Limited owes Oval Estates (Bath) Limited £ 1,528,516 (2022 : £ 3,697,585). This is enclosed under creditors due within one year.
£
Balance at 01 January 2023 3,697,585
Balance at 31 December 2023 1,528,516