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REGISTERED NUMBER: 05603029 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

OZLEWORTH PARK MANAGEMENT LIMITED

OZLEWORTH PARK MANAGEMENT LIMITED (REGISTERED NUMBER: 05603029)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OZLEWORTH PARK MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A J Stone





REGISTERED OFFICE: The Estate Office
Ozleworth Park
Wotton Under Edge
Gloucestershire
GL12 7QA





REGISTERED NUMBER: 05603029 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

OZLEWORTH PARK MANAGEMENT LIMITED (REGISTERED NUMBER: 05603029)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 171,838 176,453

CURRENT ASSETS
Debtors 5 94,735 102,721
Cash at bank 29,327 27,984
124,062 130,705
CREDITORS
Amounts falling due within one year 6 22,381 19,263
NET CURRENT ASSETS 101,681 111,442
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,519

287,895

CAPITAL AND RESERVES
Called up share capital 600,000 600,000
Retained earnings (326,481 ) (312,105 )
273,519 287,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 20 September 2024 and were signed by:





A J Stone - Director


OZLEWORTH PARK MANAGEMENT LIMITED (REGISTERED NUMBER: 05603029)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Ozleworth Park Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% on cost
Improvements to property - 10% on cost
Computer and office equipment - 33% on cost

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

OZLEWORTH PARK MANAGEMENT LIMITED (REGISTERED NUMBER: 05603029)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Computer
Improvements and
Long to office
leasehold property equipment Totals
£    £    £    £   
COST
At 1 January 2023 252,500 - 276,786 529,286
Additions - 3,752 2,228 5,980
At 31 December 2023 252,500 3,752 279,014 535,266
DEPRECIATION
At 1 January 2023 82,064 - 270,769 352,833
Charge for year 5,050 375 5,170 10,595
At 31 December 2023 87,114 375 275,939 363,428
NET BOOK VALUE
At 31 December 2023 165,386 3,377 3,075 171,838
At 31 December 2022 170,436 - 6,017 176,453

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 94,220 102,721
Prepayments 515 -
94,735 102,721

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,874 2,062
Social security and other taxes 1,816 2,062
VAT 16,441 13,939
Accruals and deferred income 2,250 1,200
22,381 19,263