OVAL (765) LIMITED - Filleted accounts

OVAL (765) LIMITED - Filleted accounts

OVAL (765) LIMITED - Company Information

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Registered number
02658524
OVAL (765) LIMITED
Report and Accounts
31 March 2018
OVAL (765) LIMITED
Registered number: 02658524
Balance Sheet
as at 31 March 2018
Notes 2018 2017
£ £
Fixed assets
Tangible assets 2 9,321 9,321
Current assets
Debtors 3 1,516 1,486
Creditors: amounts falling due within one year 4 (10,819) (10,789)
Net current liabilities (9,303) (9,303)
Net assets 18 18
Capital and reserves
Called up share capital 18 18
Shareholder's funds 18 18
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P M Perry
Director
Approved by the board on 31 July 2018
OVAL (765) LIMITED
Notes to the Accounts
for the year ended 31 March 2018
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
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 collection of ground rents from its freehold assets.
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.
2 Tangible fixed assets
Freehold Property Interest
£
Cost
At 1 April 2017 9,321
At 31 March 2018 9,321
Depreciation
At 31 March 2018 -
Net book value
At 31 March 2018 9,321
At 31 March 2017 9,321
3 Debtors 2018 2017
£ £
Trade debtors 760 470
Other debtors 756 1,016
1,516 1,486
4 Creditors: amounts falling due within one year 2018 2017
£ £
Trade creditors 800 770
Other creditors 10,019 10,019
10,819 10,789
5 Related party transactions
West of England Estate Management Company Ltd

The company is a 100% subsidiary of the above company registered in England at the same registered office address. During the year the company operated an unsecured, interest free loan from its parent company at the year end £10019 (2017 - £10019) was outstanding.
6 Other information
OVAL (765) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
1 Belmont
Bath
BA1 5DZ
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