Ovington Park Properties Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 6

Ovington Park Properties Limited

(Registration number: 05715552)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	3,776,782	3,726,934
Other financial assets	5	1	1
		3,776,783	3,726,935
Current assets
Stocks	6	301,404	351,445
Debtors		1,814,123	1,854,911
Cash at bank and in hand		137,495	228,946
		2,253,022	2,435,302
Creditors: Amounts falling due within one year		(178,779)	(307,684)
Net current assets		2,074,243	2,127,618
Total assets less current liabilities		5,851,026	5,854,553
Provisions for liabilities		(537,632)	(547,679)
Net assets		5,313,394	5,306,874
Capital and reserves
Called up share capital		2,990	2,990
Revaluation reserve		3,589,029	3,589,029
Profit and loss account		1,721,375	1,714,855
Total equity		5,313,394	5,306,874

Ovington Park Properties Limited

(Registration number: 05715552)
Abridged Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 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 of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 October 2026 and signed on its behalf by:
 

D S Mitchell

Director

Ovington Park Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Old Dairy
Ovington
Alresford
Hampshire
SO24 0RB

These financial statements were authorised for issue by the Board on 14 October 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when: the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Ovington Park Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% straight line
Fixtures and fittings	20% reducing balance
Freehold property	2% straight line
Land	Not depreciated

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Biological assets

Biological assets, living plants and animals are included at the lower of cost and estimated selling price less costs to sell.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 6).

Ovington Park Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Total £
Cost or valuation
At 1 April 2025	3,865,446
Additions	81,195
Disposals	(278)
At 31 March 2026	3,946,363
Depreciation
At 1 April 2025	138,512
Charge for the year	31,208
Eliminated on disposal	(139)
At 31 March 2026	169,581
Carrying amount
At 31 March 2026	3,776,782
At 31 March 2025	3,726,934

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
Additions	1	1
At 31 March 2026	1	1
Carrying amount
At 31 March 2026	1	1

6

Stocks

	2026 £	2025 £
Livestock	226,854	279,045
Deadstock	74,550	72,400
	301,404	351,445

Ovington Park Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

7	Related party transactions

Summary of transactions with parent

Included within other debtors is a loan to Ovington Park (Agriculture) Limited, the parent company. At the balance sheet date, the company was owed £1,920 by Ovington Park (Agriculture) Limited (2025 - £1,920).

There is no interest charged and the balance is repayable on demand.
 

Summary of transactions with other related parties

Included within other debtors is a loan to Roke Manor Limited a company connected by common control. At the balance sheet date, Roke Manor Limited owed £1,212,151 (2025 - £1,286,611) to the company,

Included within other debtors is a loan from Ovington Park Properties 2013 Limited, a company connected by common control. At the balance sheet date, the company owed £28,223 (2025 - £28,223) to Ovington Park Properties 2013 Limited.

There is no interest charged on these loans and the balances are repayable on demand.
 

8	Parent and ultimate parent undertaking

The company's immediate parent is Ovington Park (Agriculture) Limited, incorporated in England & Wales.

 The ultimate controlling party is D S Mitchell.