OVAL ESTATES (VALLEY RIDGE) LIMITED

Company Registration Number:
14648698 (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 (VALLEY RIDGE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

OVAL ESTATES (VALLEY RIDGE) LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
11 months to 31 December 2023


£
£
Current assets
Stocks: 3,613,420 2,648,662
Debtors: 3 2,948,508 2,904,086
Cash at bank and in hand: 17
Total current assets: 6,561,945 5,552,748
Creditors: amounts falling due within one year: 4 (3,326,406) (3,114,170)
Net current assets (liabilities): 3,235,539 2,438,578
Total assets less current liabilities: 3,235,539 2,438,578
Creditors: amounts falling due after more than one year: 5 (3,148,018) (2,367,758)
Total net assets (liabilities): 87,521 70,820
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 87,421 70,720
Shareholders funds: 87,521 70,820

The notes form part of these financial statements

OVAL ESTATES (VALLEY RIDGE) 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 21 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 (VALLEY RIDGE) 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 (VALLEY RIDGE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 11 months to 31 December 2023
Average number of employees during the period 0 0

OVAL ESTATES (VALLEY RIDGE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 11 months to 31 December 2023
££
Debtors due after more than one year: 2,948,508 2,904,086

OVAL ESTATES (VALLEY RIDGE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Trade creditors: £ 434,723 & Related party: £ 2,891,684 (Total £ 3,326,407)

OVAL ESTATES (VALLEY RIDGE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

The land and plots owned by the company have first charges in favour of Katch Investments Group (£ 3,148,018)

OVAL ESTATES (VALLEY RIDGE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

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 given money to the company
Description of the Transaction: As at 31st December 2024, Oval Estates (Valley Ridge) Limited owes Oval Estates (St.Peters) Limited £ 2,844,279 (In 2023: £ 2,828,250).This is enclosed under creditors due within one year.
£
Balance at 01 January 2024 2,828,250
Balance at 31 December 2024 2,844,279
Name of the related party: Oval Estates (Bath) Limited
Relationship:
AG Broadway is a director of Oval Estates (Valley Ridge) Limited & Oval Estates (Bath) Limited
Description of the Transaction: As at 31st December 2024, Oval Estates (Valley Ridge) Limited owes Oval Estates (Bath) Limited £ 47,405. This is enclosed under creditors due within one year.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 47,405