2/4 Ovington Square Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03133465

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,325		6,591

			6,325		6,591
CURRENT ASSETS
Debtors	5	81,594		62,477
Cash at bank and in hand		10,615		12,150

		92,209		74,627
Creditors: Amounts Falling Due Within One Year	6	(14,172 )		(11,835 )

NET CURRENT ASSETS (LIABILITIES)			78,037		62,792

TOTAL ASSETS LESS CURRENT LIABILITIES			84,362		69,383

NET ASSETS			84,362		69,383

CAPITAL AND RESERVES
Called up share capital	7		7		7
Share premium account			16,593		16,593
Profit and Loss Account			67,762		52,783

SHAREHOLDERS' FUNDS			84,362		69,383

Page 1

Page 2

2/4 Ovington Square Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 Fardad Ghodoussi

Director

31/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

2/4 Ovington Square Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03133465 . The registered office is Wellington House 273-275 High Street, London Colney, Hertfordshire, AL2 1HA.

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. Turnover

The Turnover represents the amount of service charges receivable from Leaseholder of 2-4 Ovington Square, in repsect of the management and maintenance of the property.

2.3. 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:

Leasehold

Over the term of the lease

2.4. Taxation

The Company is a not for profit mutually trading resident management company and is not liable to UK Taxation.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 April 2024	13,772

As at 31 March 2025	13,772

Depreciation
As at 1 April 2024	7,181
Provided during the period	266

As at 31 March 2025	7,447

Net Book Value
As at 31 March 2025	6,325

As at 1 April 2024	6,591

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	80,613	60,419
Prepayments and accrued income	981	2,058

	81,594	62,477

Page 3

Page 4

2/4 Ovington Square Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	420	644
Other creditors	2,191	2,191
Accruals and deferred income	11,561	9,000

	14,172	11,835

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	7	7