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REGISTERED NUMBER: 05747663 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED

VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 05747663)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTOR: Mark Scotting





SECRETARY: Nicolino Nino Pucacco





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 05747663 (England and Wales)





ACCOUNTANTS: TC Group
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 05747663)

STATEMENT OF FINANCIAL POSITION
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 507 (272 )
Cash at bank and in hand 35,936 38,189
36,443 37,917
CREDITORS
Amounts falling due within one year 6 666 630
NET CURRENT ASSETS 35,777 37,287
TOTAL ASSETS LESS CURRENT LIABILITIES 35,777 37,287

RESERVES
Income and expenditure account 35,777 37,287
35,777 37,287

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 director acknowledges his 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 surplus or deficit 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 director and authorised for issue on 16 February 2024 and were signed by:





Mark Scotting - Director


VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 05747663)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023


1. STATUTORY INFORMATION

Vision Park Cygnet Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by
management in the process of applying the entity's accounting policies and preparing these
financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will
rarely equal the related actual outcome. There have been no key assumptions or other sources
of estimation uncertainty that have a significant risk of causing a material adjustment to the
carrying amounts of assets and liabilities within the next financial year

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and
financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt
instruments measured at amortised cost. Prepayments are not financial instruments. Cash at
bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments
and are measured at amortised cost. Taxation and social security and not included in the
financial instruments disclosure definition

VISION PARK CYGNET MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 05747663)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023


3. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 507 (272 )

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 666 630