OVAL ESTATES (BATH) LIMITED

Company Registration Number:
03110773 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

OVAL ESTATES (BATH) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

OVAL ESTATES (BATH) LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 302,465 309,575
Investments: 4 1,845,268 1,845,268
Total fixed assets: 2,147,733 2,154,843
Current assets
Debtors: 5 4,923,395 4,630,820
Cash at bank and in hand: 35 3,264
Total current assets: 4,923,430 4,634,084
Creditors: amounts falling due within one year: 6 (1,542,931) (1,243,824)
Net current assets (liabilities): 3,380,499 3,390,260
Total assets less current liabilities: 5,528,232 5,545,103
Total net assets (liabilities): 5,528,232 5,545,103
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:7283,623283,623
Profit and loss account: 5,244,509 5,261,380
Shareholders funds: 5,528,232 5,545,103

The notes form part of these financial statements

OVAL ESTATES (BATH) LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: A G Broadway
Status: Director

The notes form part of these financial statements

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 318,601
At 31 December 2024 318,601
Depreciation
At 01 January 2024 9,026
Charge for year 7,110
At 31 December 2024 16,136
Net book value
At 31 December 2024 302,465
At 31 December 2023 309,575

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investments in shares

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 4,923,395 4,630,820

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

Bank loans and overdraft: £ 118,201, Trade creditors : £ 761,285, Related party: £ 478,477 & Other creditors: £ 184,967 (Total 1,542,930)

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Revaluation reserve

2024
£
Balance at 01 January 2024 283,623
Surplus or deficit after revaluation 0
Balance at 31 December 2024 283,623

OVAL ESTATES (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Related party transactions

Name of the related party: Oval Estates (Frome) Limited
Relationship:
AG Broadway is a director of the company, is a director of Oval Estates (Frome) Limited which received money from the company.
Description of the Transaction: As at 31st December 2024, Oval Estates (Bath) Limited is owed by Oval Estates (Frome) Limited £ 73,194. This is enclosed under debtors.
£
Balance at 01 January 2024 81,449
Balance at 31 December 2024 73,194
Name of the related party: Oval Estates (St. Peters) Limited
Relationship:
AG Broadway is a director of the company, is a director of Oval Estates (St. Peters) Limited which received money from the company.
Description of the Transaction: As at 31st December 2024, Oval Estates (Bath) Limited is owed by Oval Estates (St. Peters) Limited £ 1,574,760. This is enclosed under debtors.
£
Balance at 01 January 2024 1,528,516
Balance at 31 December 2024 1,574,760
Name of the related party: Midsomer Projects Limited
Relationship:
AG Broadway is a director of the company, is a director of Midsomer Projects Limited which received money from the company.
Description of the Transaction: As at 31st December 2024, Oval Estates (Bath) Limited is owed by Midsomer Projects Limited £ 733,471. This is enclosed under debtors.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 733,471