OVAL ESTATES (ST PETER'S) LIMITED

Company Registration Number:
09989057 (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 (ST PETER'S) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

OVAL ESTATES (ST PETER'S) LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Current assets
Stocks: 8,773,987 6,820,561
Debtors: 3 3,863,845 3,284,597
Cash at bank and in hand: 322 4,838
Investments: 4 235,186 345,186
Total current assets: 12,873,340 10,455,182
Creditors: amounts falling due within one year: 5 (6,869,584) (6,299,754)
Net current assets (liabilities): 6,003,756 4,155,428
Total assets less current liabilities: 6,003,756 4,155,428
Creditors: amounts falling due after more than one year: 6 (5,756,776) (3,953,727)
Total net assets (liabilities): 246,980 201,701
Capital and reserves
Called up share capital: 105,651 105,651
Profit and loss account: 141,329 96,050
Shareholders funds: 246,980 201,701

The notes form part of these financial statements

OVAL ESTATES (ST PETER'S) 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 14 April 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 (ST PETER'S) 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 (ST PETER'S) 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 (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
££
Debtors due after more than one year: 3,863,845 3,284,597

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Current investments

Investment in shares

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade creditors: £ 1,024,030, Related party: £ 1,574,760, Other creditors :£ 4,270,794 (Total £ 6,869,584)

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

The land owned by the company have first charges in favour of Relendex

OVAL ESTATES (ST PETER'S) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party: Oval Estates (Bath) Limited
Relationship:
Oval Estates (Bath) Limited is the parent company.
Description of the Transaction: As at 31 December 2024, Oval Estates (St Peters) Limited owes Oval Estates (Bath) Limited £ 1,624,678 (2023: £ 1,528,516). This is enclosed under creditors due within one year.
£
Balance at 01 January 2024 1,528,516
Balance at 31 December 2024 1,624,678
Name of the related party: Oval Estates (Valley Ridge) Limited
Relationship:
AG Broadway is a director of the company, is a director of Oval Estates (Valley Ridge) Limited which received money from the company.
Description of the Transaction: As at 31st December 2024, Oval Estates (St. Peter's) Limited is owed by Oval Estates (Valley Ridge) Limited £ 2,844,279. This is enclosed under debtors.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 2,844,279