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REGISTERED NUMBER: 13773542 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

OZONE PROPERTY DEVELOPMENTS LIMITED

OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


OZONE PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D J Oates
M D Eastman





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ





REGISTERED NUMBER: 13773542 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ

OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 40,000
Tangible assets 5 20,774 25,914
50,774 65,914

CURRENT ASSETS
Debtors 6 32,574 31,782
Cash at bank and in hand 15,554 22,915
48,128 54,697
CREDITORS
Amounts falling due within one year 7 96,846 84,084
NET CURRENT LIABILITIES (48,718 ) (29,387 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,056

36,527

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,956 36,427
SHAREHOLDERS' FUNDS 2,056 36,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by:




D J Oates - Director



M D Eastman - Director


OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Ozone Property Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 50,000
AMORTISATION
At 1 April 2023 10,000
Charge for year 10,000
At 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 30,000
At 31 March 2023 40,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 32,964
Additions 479
At 31 March 2024 33,443
DEPRECIATION
At 1 April 2023 7,050
Charge for year 5,619
At 31 March 2024 12,669
NET BOOK VALUE
At 31 March 2024 20,774
At 31 March 2023 25,914

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 29,956
Other debtors 32,574 1,826
32,574 31,782

OZONE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13773542)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,509 21,173
Taxation and social security 60,289 43,572
Other creditors 31,048 19,339
96,846 84,084