Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31falseBusiness park members organisation2023-01-0100falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02611855 2023-01-01 2023-12-31 02611855 2022-01-01 2022-12-31 02611855 2023-12-31 02611855 2022-12-31 02611855 c:Director8 2023-01-01 2023-12-31 02611855 d:Buildings 2023-01-01 2023-12-31 02611855 d:Buildings 2023-12-31 02611855 d:Buildings 2022-12-31 02611855 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02611855 d:LandBuildings 2023-12-31 02611855 d:LandBuildings 2022-12-31 02611855 d:PlantMachinery 2023-12-31 02611855 d:PlantMachinery 2022-12-31 02611855 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02611855 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02611855 d:CurrentFinancialInstruments 2023-12-31 02611855 d:CurrentFinancialInstruments 2022-12-31 02611855 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02611855 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02611855 d:ShareCapital 2023-12-31 02611855 d:ShareCapital 2022-12-31 02611855 d:RetainedEarningsAccumulatedLosses 2023-12-31 02611855 d:RetainedEarningsAccumulatedLosses 2022-12-31 02611855 c:FRS102 2023-01-01 2023-12-31 02611855 c:IndependentExaminationCharity 2023-01-01 2023-12-31 02611855 c:FullAccounts 2023-01-01 2023-12-31 02611855 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 02611855









CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
REGISTERED NUMBER: 02611855

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
39,877
41,055

  
39,877
41,055

Current assets
  

Debtors: amounts falling due within one year
 5 
35,507
14,889

Cash at bank and in hand
  
236,926
176,068

  
272,433
190,957

Creditors: amounts falling due within one year
 6 
(88,186)
(31,555)

Net current assets
  
 
 
184,247
 
 
159,402

Total assets less current liabilities
  
224,124
200,457

  

Net assets
  
224,124
200,457


Capital and reserves
  

Called up share capital 
  
30
30

Profit and loss account
  
224,094
200,427

  
224,124
200,457


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 February 2024.



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CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
REGISTERED NUMBER: 02611855
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


N Cooper
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Chester Business Park Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Drake House, Gadbrook Park, Northwich, United Kingdom, CW9 7RA.

The company's place of business is Herons Way, Chester Business Park, Chester, Cheshire, CH4 9QL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Operating leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Page 3

 
CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or income as appropriate. The company does not currently apply hedge accounting for interest rate and foreign exchange derivatives.


3.


Employees

There were no employees in either the current or prior year.
The directors did not recive any remuneration from the company for either the current or prior year.

Page 4

 
CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2023
60,950
1
60,951



At 31 December 2023

60,950
1
60,951



Depreciation


At 1 January 2023
19,896
-
19,896


Charge for the year on owned assets
1,178
-
1,178



At 31 December 2023

21,074
-
21,074



Net book value



At 31 December 2023
39,876
1
39,877



At 31 December 2022
41,054
1
41,055




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Freehold
39,876
41,054

39,876
41,054



5.


Debtors

2023
2022
£
£


Trade debtors
8,091
1,081

Other debtors
27,416
13,808

35,507
14,889


Page 5

 
CHESTER BUSINESS PARK MANAGEMENT COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
38,218
-

Other taxation and social security
2,862
4,926

Accruals and deferred income
47,106
26,629

88,186
31,555



7.Other financial commitments

The company has committed to expenditure totalling £144,469 for the replacement and associated works of the original railings with new railings to the three road bridge crossings over the lakes feature. The total is to be paid during the year ended 31 December 2024 for repair services to be provided during that year.

 
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