REGISTERED NUMBER: 01639393 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

OPAC (CATERING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mrs O Peros

C Peros

Registered office:

Cotswold Lodge Hotel

66a Banbury Road

Oxford

Oxfordshire

OX2 6JP

Registered number:

01639393 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

240,418

251,884

Investment property

5

1,014,641

1,014,641

1,255,059

1,266,525

Current assets

Debtors

6

389,058

336,318

Cash at bank

156,614

157,443

545,672

493,761

Creditors

Amounts falling due within one year

7

142,224

158,797

Net current assets

403,448

334,964

Total assets less current liabilities

1,658,507

1,601,489

Provisions for liabilities

100,915

77,645

Net assets

1,557,592

1,523,844

Capital and reserves

Called up share capital

8

100

100

Fair value reserve

9

534,043

534,043

Retained earnings

1,023,449

989,701

Shareholders' funds

1,557,592

1,523,844

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mrs O Peros - Director

1.	Statutory information

OPAC (Catering) 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.

The financial statements are presented in Sterling, which is the functional currency of the company, rounded to the nearest £1.

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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

The directors have made an assessment of the ability of the company to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

444,452

146,492

44,822

635,766

Depreciation

At 1 January 2024

202,865

139,313

41,704

383,882

Charge for year

8,892

1,795

779

11,466

At 31 December 2024

211,757

141,108

42,483

395,348

Net book value

At 31 December 2024

232,695

5,384

2,339

240,418

At 31 December 2023

241,587

7,179

3,118

251,884

5.	Investment property

Total

£

Fair value

At 1 January 2024

and 31 December 2024

1,014,641

Net book value

At 31 December 2024

1,014,641

At 31 December 2023

1,014,641

Investment property was revalued by the directors on an open market basis at 31 December 2024.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

609,105

Cost

405,536

1,014,641

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

26,555

26,555

Other debtors

362,503

309,763

389,058

336,318

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

3,803

2,319

Taxation and social security

22,316

35,600

Other creditors

116,105

120,878

142,224

158,797

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

ordinary

£1

100

100

9.

Reserves

Fair value

reserve

£

At 1 January 2024

and 31 December 2024

534,043

10.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

C Peros

Balance outstanding at start of year

217,785

174,691

Amounts advanced

55,440

43,094

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

273,225

217,785