REGISTERED NUMBER: 00865571 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Otmertold Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G A Townsend

REGISTERED OFFICE:

Lloyds Caravan and Lodge Sales

Towyn Road

Towyn

Abergele

Conwy

LL22 9NW

REGISTERED NUMBER:

00865571 (England and Wales)

AUDITORS:

Pritchett & Co Business Advisers Limited

Chartered Accountants and Statutory Auditors

16 Wynnstay Road

Colwyn Bay

Conwy

LL29 8NB

FIXED ASSETS

Tangible assets

4

321,915

335,800

CURRENT ASSETS

Debtors

5

4,481

4,161

Cash at bank

7,426

275

11,907

4,436

CREDITORS

Amounts falling due within one year

6

496,139

485,719

NET CURRENT LIABILITIES

(484,232

)

(481,283

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(162,317

)

(145,483

)

PROVISIONS FOR LIABILITIES

33,382

33,382

NET LIABILITIES

(195,699

)

(178,865

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

105,458

105,458

Retained earnings

(301,257

)

(284,423

)

(195,699

)

(178,865

)

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 director and authorised for issue on 29 September 2025 and were signed by:

G A Townsend - Director

1.	STATUTORY INFORMATION

Otmertold 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

402,745

407,038

809,783

Disposals

-

(115,505

)

(115,505

)

At 31 December 2024

402,745

291,533

694,278

DEPRECIATION

At 1 January 2024

105,098

368,885

473,983

Charge for year

5,320

6,994

12,314

Eliminated on disposal

-

(113,934

)

(113,934

)

At 31 December 2024

110,418

261,945

372,363

NET BOOK VALUE

At 31 December 2024

292,327

29,588

321,915

At 31 December 2023

297,647

38,153

335,800

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

4,481

4,161

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

5,493

5,143

Amounts owed to group undertakings

490,646

480,576

496,139

485,719

7.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

105,458

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Morris (Senior Statutory Auditor)

for and on behalf of Pritchett & Co Business Advisers Limited

9.	CONTINGENT LIABILITIES

HSBC Bank plc holds a composite company unlimited multilateral guarantee dated 24 May 2007 given by Sun Valley Caravan Park Limited, Lloyds Caravan Sales Co Limited and Otmertold Limited.

10.	RELATED PARTY DISCLOSURES

The company was under the control of Sun Valley Caravan Park Limited throughout the current and previous year.

The amount owed to Lloyds Caravan Sales Co Limited was £703,542 (2023: £669,384).

The amount owed by Sun Valley Caravan Park Limited was £212,896 (2023: £188,808).