Overseas Property Centres Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03709380

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		692		922
Investments	5		7,255		7,255

			7,947		8,177
CURRENT ASSETS
Debtors	6	12,718		18,910
Investments	7	946,879		987,719
Cash at bank and in hand		184		2,300

		959,781		1,008,929
Creditors: Amounts Falling Due Within One Year	8	(98,623 )		(101,097 )

NET CURRENT ASSETS (LIABILITIES)			861,158		907,832

TOTAL ASSETS LESS CURRENT LIABILITIES			869,105		916,009

Creditors: Amounts Falling Due After More Than One Year	9		(20,530 )		(25,833 )

NET ASSETS			848,575		890,176

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			848,573		890,174

SHAREHOLDERS' FUNDS			848,575		890,176

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Overseas Property Centres Limited

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Graham Ball

Director

25/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Overseas Property Centres Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03709380 . The registered office is 42 California Road, Longwell Green, Bristol, South Gloucestershire, BS30 9XL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Reducing Balance

2.3. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

2.6. Preparation of consolidated financial statements

The financial statements contain information about Overseas Property Centres Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 October 2023	4,419

As at 30 September 2024	4,419

Depreciation
As at 1 October 2023	3,497
Provided during the period	230

As at 30 September 2024	3,727

...CONTINUED

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Overseas Property Centres Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

Net Book Value
As at 30 September 2024	692

As at 1 October 2023	922

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 October 2023	7,255

As at 30 September 2024	7,255

Provision
As at 1 October 2023	-

As at 30 September 2024	-

Net Book Value
As at 30 September 2024	7,255

As at 1 October 2023	7,255

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	12,718	18,910

7. Current Asset Investments

	2024	2023
	£	£
Unlisted investments	946,879	987,719

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	10,000	10,000
Other creditors	88,623	91,097

	98,623	101,097

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	20,530	25,833

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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Overseas Property Centres Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

11. Related Party Transactions

Included in other creditors is an amount of £nil (2023: 20,779) owed to the director. The amount is interest free and repayable on demand.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’, not to disclose related party transactions with wholly owned subsidiaries within the group.

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