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REGISTERED NUMBER: 09722730 (England and Wales)



















OVIMORE CORPORATE LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2022 TO 27 AUGUST 2023






OVIMORE CORPORATE LIMITED (REGISTERED NUMBER: 09722730)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 27 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


OVIMORE CORPORATE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2022 TO 27 AUGUST 2023







DIRECTOR: Mr C Reiner





REGISTERED OFFICE: 137 Wargrave Avenue
London
N15 6TX





REGISTERED NUMBER: 09722730 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

OVIMORE CORPORATE LIMITED (REGISTERED NUMBER: 09722730)

BALANCE SHEET
27 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 1 1

CURRENT ASSETS
Stocks 6 500,000 500,000
Debtors 7 100 100
500,100 500,100
CREDITORS
Amounts falling due within one year 8 2,608,659 2,607,936
NET CURRENT LIABILITIES (2,108,559 ) (2,107,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,108,558

)

(2,107,835

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,108,658 ) (2,107,935 )
(2,108,558 ) (2,107,835 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2024 and were signed by:





Mr C Reiner - Director


OVIMORE CORPORATE LIMITED (REGISTERED NUMBER: 09722730)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 27 AUGUST 2023

1. STATUTORY INFORMATION

Ovimore Corporate 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Ovimore Corporate Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
The stock of properties is valued at the lower of cost and net realisable value.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Going concern
The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern notwithstanding the deficiency in net current assets at the balance sheet date. The director considers this to be appropriate having regard to the continued provision of financial support by the company's director and creditors.

4. EMPLOYEES AND DIRECTORS

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

OVIMORE CORPORATE LIMITED (REGISTERED NUMBER: 09722730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 27 AUGUST 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2022
and 27 August 2023 1
NET BOOK VALUE
At 27 August 2023 1
At 31 August 2022 1

6. STOCKS
2023 2022
£    £   
Stocks of properties 500,000 500,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 100 100

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 415,771 415,771
Other creditors 2,192,888 2,192,165
2,608,659 2,607,936

9. RELATED PARTY DISCLOSURES

Other debtors represent amounts due from a related company under common control.

Other creditors include amounts aggregating £1,013,508 (2022: £1,013,486) due to related companies under common control.