OV20 Limited

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

Registered number: 12972648

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,484,933		1,570,647

			1,484,933		1,570,647
CURRENT ASSETS
Debtors	5	25,717		32,055
Cash at bank and in hand		51,267		56,521

		76,984		88,576
Creditors: Amounts Falling Due Within One Year	6	(2,544,870 )		(2,581,770 )

NET CURRENT ASSETS (LIABILITIES)			(2,467,886 )		(2,493,194 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(982,953 )		(922,547 )

Creditors: Amounts Falling Due After More Than One Year	7		(12,500 )		(12,500 )

NET LIABILITIES			(995,453 )		(935,047 )

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			(996,453 )		(936,047 )

SHAREHOLDERS' FUNDS			(995,453)		(935,047)

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OV20 Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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 Stuart Godfree

Director

29 July 2026

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

1. General Information

OV20 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12972648 . The registered office is 11 Staple Inn, London, WC1V 7QH.

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. Going Concern Disclosure

As at the Balance Sheet date the company has net current liabilities of £2,493,194 (2023 £2,459,436) and total current liabilities of £922,547 (2023 £864,512). The directors, who are the company's main source of business finance, are of the opinion that the accounts should be prepared on a going concern basis as they have agreed to continue to support the company for the next twelve months following the accounts approval date.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. 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:

Freehold	2% straight line on buildings only
Plant & Machinery	Straight Line - 8 Years

3. Average Number of Employees

Average number of employees, including directors, during the period was 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 November 2024	1,250,000	529,523	1,779,523
Additions	-	6,048	6,048

As at 31 October 2025	1,250,000	535,571	1,785,571

Depreciation
As at 1 November 2024	46,662	162,214	208,876
Provided during the period	25,000	66,762	91,762

As at 31 October 2025	71,662	228,976	300,638

...CONTINUED

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OV20 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025	1,178,338	306,595	1,484,933

As at 1 November 2024	1,203,338	367,309	1,570,647

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	97	-
Prepayments and accrued income	412	1,115
VAT	108	-

	617	1,115
Due after more than one year
Other debtors	25,100	30,940

	25,717	32,055

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,438	502
VAT	-	2,614
Directors' loan accounts	2,542,432	2,578,654

	2,544,870	2,581,770

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

	2025	2024
	£	£
Accruals and deferred income	12,500	12,500

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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