23 Overstone Road Management Limited 07909027 false 2023-04-06 2024-04-05 2024-04-05 The principal activity of the company is the Management of owner occupied property. Digita Accounts Production Advanced 6.30.9574.0 true true 07909027 2023-04-06 2024-04-05 07909027 2024-04-05 07909027 bus:OrdinaryShareClass1 2024-04-05 07909027 core:RetainedEarningsAccumulatedLosses 2024-04-05 07909027 core:ShareCapital 2024-04-05 07909027 core:CurrentFinancialInstruments 2024-04-05 07909027 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 07909027 core:LandBuildings 2024-04-05 07909027 bus:SmallEntities 2023-04-06 2024-04-05 07909027 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 07909027 bus:FilletedAccounts 2023-04-06 2024-04-05 07909027 bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 07909027 bus:RegisteredOffice 2023-04-06 2024-04-05 07909027 bus:CompanySecretary1 2023-04-06 2024-04-05 07909027 bus:Director1 2023-04-06 2024-04-05 07909027 bus:Director3 2023-04-06 2024-04-05 07909027 bus:Director4 2023-04-06 2024-04-05 07909027 bus:Director5 2023-04-06 2024-04-05 07909027 bus:OrdinaryShareClass1 2023-04-06 2024-04-05 07909027 bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 07909027 core:RetainedEarningsAccumulatedLosses 2023-04-06 2024-04-05 07909027 core:ShareCapital 2023-04-06 2024-04-05 07909027 countries:AllCountries 2023-04-06 2024-04-05 07909027 2023-04-05 07909027 core:RetainedEarningsAccumulatedLosses 2023-04-05 07909027 core:ShareCapital 2023-04-05 07909027 core:LandBuildings 2023-04-05 07909027 2022-04-06 2023-04-05 07909027 2023-04-05 07909027 bus:OrdinaryShareClass1 2023-04-05 07909027 core:CurrentFinancialInstruments 2023-04-05 07909027 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 07909027 core:LandBuildings 2023-04-05 07909027 core:RetainedEarningsAccumulatedLosses 2022-04-06 2023-04-05 07909027 core:ShareCapital 2022-04-06 2023-04-05 07909027 2022-04-05 07909027 core:RetainedEarningsAccumulatedLosses 2022-04-05 07909027 core:ShareCapital 2022-04-05 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07909027

23 Overstone Road Management Limited

Unaudited Filleted Financial Statements

for the Year Ended 5 April 2024

 

23 Overstone Road Management Limited

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 6

 

23 Overstone Road Management Limited

Company Information

Directors

Mrs F Valentine

Miss I M Revilla Garcia

Ms T Shirtcliff

Mrs M White

Company secretary

K Valentine

Registered office

Tree Cottage
Elsfield
Oxford
OX3 9UH

Accountants

Sterlings Ltd
Chartered Accountants
Lawford House
Albert Place
London
N3 1QA

 

23 Overstone Road Management Limited

(Registration number: 07909027)
Balance Sheet as at 5 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

220

220

Current assets

 

Debtors

5

4

4

Cash at bank and in hand

 

2,805

5,719

 

2,809

5,723

Creditors: Amounts falling due within one year

6

(3,025)

(7,096)

Net current liabilities

 

(216)

(1,373)

Net assets/(liabilities)

 

4

(1,153)

Capital and reserves

 

Called up share capital

7

4

4

Profit and loss account

-

(1,157)

Shareholders' funds/(deficit)

 

4

(1,153)

For the financial year ending 5 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 November 2024 and signed on its behalf by:
 

.........................................
Mrs F Valentine
Director

 

23 Overstone Road Management Limited

Statement of Changes in Equity for the Year Ended 5 April 2024

Share capital
£

Profit and loss account
£

Total
£

At 6 April 2023

4

(1,157)

(1,153)

Profit for the year

-

1,157

1,157

At 5 April 2024

4

-

4

Share capital
£

Profit and loss account
£

Total
£

At 6 April 2022

4

7,977

7,981

Loss for the year

-

(9,134)

(9,134)

At 5 April 2023

4

(1,157)

(1,153)

 

23 Overstone Road Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Tree Cottage
Elsfield
Oxford
OX3 9UH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£), which is also the company's functional currency. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

No depreciation is provided on freehold land and buildings.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

23 Overstone Road Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 6 April 2023

220

220

At 5 April 2024

220

220

Depreciation

Carrying amount

At 5 April 2024

220

220

At 5 April 2023

220

220

Included within the net book value of land and buildings above is £220 (2023 - £220) in respect of freehold land and buildings.
 

 

23 Overstone Road Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

5

Debtors

Current

2024
£

2023
£

Other debtors

4

4

 

4

4

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

544

494

Other creditors

2,481

6,602

3,025

7,096

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Called up share capital of £1 each

4

4

4

4

       

8

Related party transactions

As at the balance sheet date, a related party was owed the sum of £11 by the company (2023 - £443).