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REGISTERED NUMBER: 04285896 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Overplace Limited

Overplace Limited (Registered number: 04285896)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Overplace Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J M Stokes
J E Stokes





SECRETARY: J M Stokes





REGISTERED OFFICE: 2 Church Street
Burnham
Buckinghamshire
SL1 7HZ





REGISTERED NUMBER: 04285896 (England and Wales)





ACCOUNTANTS: Sweeting & Smedley Limited
2 Church Street
Burnham
Buckinghamshire
SL1 7HZ

Overplace Limited (Registered number: 04285896)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 575,000 575,000
575,000 575,000

CURRENT ASSETS
Debtors 6 269 198
Cash at bank 29,222 34,726
29,491 34,924
CREDITORS
Amounts falling due within one year 7 7,646 6,952
NET CURRENT ASSETS 21,845 27,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

596,845

602,972

CREDITORS
Amounts falling due after more than one year 8 (149,125 ) (149,125 )

PROVISIONS FOR LIABILITIES (92,432 ) (92,432 )
NET ASSETS 355,288 361,415

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 355,286 361,413
SHAREHOLDERS' FUNDS 355,288 361,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Overplace Limited (Registered number: 04285896)

Balance Sheet - continued
30 November 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





J M Stokes - Director


Overplace Limited (Registered number: 04285896)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Overplace 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 as modified by the revaluation of certain assets.

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 - 15% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 1,015
DEPRECIATION
At 1 December 2022
and 30 November 2023 1,015
NET BOOK VALUE
At 30 November 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 575,000
NET BOOK VALUE
At 30 November 2023 575,000
At 30 November 2022 575,000

Overplace Limited (Registered number: 04285896)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. INVESTMENT PROPERTY - continued

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2003 42,299
Valuation in 2004 10,000
Valuation in 2005 30,000
Valuation in 2006 35,000
Valuation in 2010 15,000
Valuation in 2012 20,000
Valuation in 2013 150,000
Valuation in 2014 30,000
Valuation in 2015 37,432
Cost 205,269
575,000

If the investment property had not been revalued it would have been included at the following historical cost:

30.11.23 30.11.22
£    £   
Cost 205,269 205,269

Investment property was valued on an open market basis on 30 November 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 269 198

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 2,081 2,828
Other creditors 5,565 4,124
7,646 6,952

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Other creditors 149,125 149,125

Overplace Limited (Registered number: 04285896)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Mortgage 149,125 149,125

Paragon Mortgages have a fixed charge over the investment property.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J M Stokes.