Company registration number 03712411 (England and Wales)
OTH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
OTH LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
OTH LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
4
1,030,328
203
Current assets
Debtors
17,625,180
18,459,783
Cash at bank and in hand
9,195,206
9,130,162
26,820,386
27,589,945
Creditors: amounts falling due within one year
(102,429)
(201,332)
Net current assets
26,717,957
27,388,613
Net assets
27,748,285
27,388,816
Capital and reserves
Called up share capital
5
919,191
919,191
Capital redemption reserve
119,756
119,756
Profit and loss reserves
26,709,338
26,349,869
Total equity
27,748,285
27,388,816

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 25 June 2026 and are signed on its behalf by:
Mrs L C G Morgan
Director
Company registration number 03712411 (England and Wales)
OTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

OTH Limited is a private company limited by shares incorporated in England and Wales. The registered office is 72, Rhosmaen Street, Llandeilo, Carmarthenshire, Wales, SA19 6EN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
Straight line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

1.5
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

1.6
Foreign exchange

Monetary assets and liabilities denominated 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 gains and losses are recognised in the profit and loss account.

OTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Total
£
Cost
At 1 October 2024 and 30 September 2025
98,900
Depreciation and impairment
At 1 October 2024 and 30 September 2025
98,900
Carrying amount
At 30 September 2025
-
0
At 30 September 2024
-
0
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
1,030,328
203
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 October 2024
203
Additions
1,030,125
At 30 September 2025
1,030,328
Carrying amount
At 30 September 2025
1,030,328
At 30 September 2024
203
OTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
5
Called up share capital
2025
2024
Ordinary share capital
£
£
Issued and fully paid
Ordinary M shares of £1 each
919,191
919,191
OTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
6
Related party transactions

Cawdor Arms Ltd

Subsidiary company

In a previous period the related party provided working capital to OTH Limited. In the period this was repaid and the company advanced working capital to the related party. At the end of the year the outstanding balance due from the related party was £40,020 (2024: £83,756 creditor). The advance is unsecured, interest-free and repayable on demand.

Cawdor Estates Ltd

Subsidiary company

The related party is provided with working capital by OTH Limited. At the end of the year the outstanding balance due from the related party was £10,928,170 (2024: £11,452,777). The advance is unsecured, interest-free and repayable on demand.

During the year the related party was charged a management charge of £75,000 (2024: £nil).

Ventura Sol Limited

Subsidiary company

The related party is provided with working capital by OTH Limited. At the year end the outstanding balance due from the related party was £359,704 (2024: £320,455). The advance is unsecured, interest-free and repayable on demand.

Venturasol Unipessoal LDA

A Portuguese registered subsidiary of Ventura Sol Limited

The related party is provided with working capital by OTH Limited. At the end of the year the outstanding balance due from the related party was £3,723,252 (2024: £3,723,252). The advance is unsecured, interest-free and repayable on demand.

Harrington Grounds Ltd

Subsidiary company

The related party is provided with working capital by OTH Limited. At the year end the outstanding balance due from OTH Limited was £nil (2024: £22,314). The advance is secured and interest was chargeable at a commercial rate. Interest received during the year was £nil (2024: £nil). The advance is repayable on demand.

Cawdor Arms Property Ltd

Subsidiary company

The related party is provided with working capital by OTH Limited. At the end of the year the outstanding balance due from the related party was £766,237 (2024: £841,640). The advance is unsecured, interest-free and repayable on demand.

Jobs Lane Ltd

Subsidiary company

The related party is provided with working capital by OTH Limited. At the end of the year the outstanding balance due from the related party was £964,989 (2024: £900,015). The advance is unsecured and repayable on demand. Interest is charged at a commercial rate. Interest received during the year was £64,974 (2024: £nil).

Cornerstone Close Ltd

Subsidiary company

The related party is provided with working capital by OTH Limited. At the end of the year the outstanding balance due from the related party was £326,323 (2024: £717,408). The advance is unsecured, interest-free and repayable on demand.

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