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REGISTERED NUMBER: 06986936 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 AUGUST 2024 |

| FOR |

| OVENSTAR (MIDLANDS) LIMITED |

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| OVENSTAR (MIDLANDS) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2024

| DIRECTORS: | Mr S F Johnson

| Mrs J E Johnson

| REGISTERED OFFICE: | 53 Frankburn Road

| Streetly

| Sutton Coldfield

| West Midlands

| B74 3QH

| REGISTERED NUMBER: | 06986936 (England and Wales)

| ACCOUNTANTS: | Brookes Stephens

| New Media House

| Davidson Road

| Lichfield

| Staffordshire

| WS14 9DZ

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

STATEMENT OF FINANCIAL POSITION

31 AUGUST 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

Fixed assets

Intangible assets | 5 | - |  | - |  |

Tangible assets | 6 | 516 |  | 688 |  |

516 |  | 688 |  |

Current assets

Stocks | 300 |  | 300 |  |

Debtors | 7 | 790 |  | 946 |  |

Cash at bank | 1,747 |  | 3,270 |  |

2,837 |  | 4,516 |  |

Creditors

Amounts falling due within one year | 8 | 2,653 |  | 3,874 |  |

Net current assets | 184 |  | 642 |  |

Total assets less current liabilities | 700 |  | 1,330 |  |

Provisions for liabilities | 98 |  | 131 |  |

Net assets | 602 |  | 1,199 |  |

Capital and reserves

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 502 |  | 1,099 |  |

Shareholders' funds | 602 |  | 1,199 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

STATEMENT OF FINANCIAL POSITION - continued

31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:

Mr S F Johnson - Director

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

1. | STATUTORY INFORMATION

| Ovenstar (Midlands) 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. | 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.

| Turnover

| Turnover represents net invoiced goods and services, excluding value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

3. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

5. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 September 2023

| and 31 August 2024 | 30,000 |  |

| AMORTISATION

| At 1 September 2023

| and 31 August 2024 | 30,000 |  |

| NET BOOK VALUE

| At 31 August 2024 | - |  |

| At 31 August 2023 | - |  |

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

6. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2023

| and 31 August 2024 | 15,771 |  |

| DEPRECIATION

| At 1 September 2023 | 15,083 |  |

| Charge for year | 172 |  |

| At 31 August 2024 | 15,255 |  |

| NET BOOK VALUE

| At 31 August 2024 | 516 |  |

| At 31 August 2023 | 688 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 790 |  | 946 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Taxation and social security | 2,242 |  | 3,333 |  |

| Other creditors | 411 |  | 541 |  |

2,653 |  | 3,874 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

OVENSTAR (MIDLANDS) LIMITED (REGISTERED NUMBER: 06986936) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 | 2023 |

£ | £ |

| Mrs J E Johnson and Mr S F Johnson

| Balance outstanding at start of year | 516 |  | 377 |  |

| Amounts advanced | - |  | 139 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 516 |  | 516 |  |

| These loans are interest free and repayable on demand.

11. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £10,013 (2023 - £10,585) were paid to the directors .