Overthorpe Road Management Company Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05028075 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

OVERTHORPE ROAD MANAGEMENT COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N H Betts

Mr J R Hill

Mr P E G Nicholls

REGISTERED OFFICE:

c/o John Nicholls (Holdings) Limited

Overthorpe Road Industrial Estate

Overthorpe Road

Banbury

Oxfordshire

OX16 4TB

REGISTERED NUMBER:

05028075 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

6 Langdale Court

Witney

Oxfordshire

OX28 6FG

CURRENT ASSETS

Debtors

4

4,743

5,553

Cash at bank

3,647

-

8,390

5,553

CREDITORS

Amounts falling due within one year

5

9,256

1,539

NET CURRENT (LIABILITIES)/ASSETS

(866

)

4,014

TOTAL ASSETS LESS CURRENT LIABILITIES

(866

)

4,014

CAPITAL AND RESERVES

Called up share capital

6

8,125

8,125

Retained earnings

(8,991

)

(4,111

)

SHAREHOLDERS' FUNDS

(866

)

4,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 6 October 2023 and were signed on its behalf by:

Mr P E G Nicholls - Director

1.	STATUTORY INFORMATION

Overthorpe Road Management Company Ltd 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 and rounded to the nearest £.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

3,365

4,422

VAT

1,378

1,131

4,743

5,553

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans and overdrafts

-

55

Trade creditors

8,591

983

Accrued expenses

665

501

9,256

1,539

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

8,125

Ordinary

£1

8,125

8,125

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party. The company was controlled by the residents of Overthorpe Road Industrial Estate throughout the current and previous year by virtue of their shareholdings.