CRESCENT BUSINESS PARK LTD

Company Registration Number:
NI051983 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

CRESCENT BUSINESS PARK LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

CRESCENT BUSINESS PARK LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 620 1,158
Investments:   0 0
Total fixed assets: 620 1,158
Current assets
Stocks: 0 0
Debtors: 4 10,351 9,043
Cash at bank and in hand: 424 1,931
Total current assets: 10,775 10,974
Creditors: amounts falling due within one year: 5 (10,273) (10,472)
Net current assets (liabilities): 502 502
Total assets less current liabilities: 1,122 1,660
Provision for liabilities: (120) (220)
Total net assets (liabilities): 1,002 1,440
Capital and reserves
Called up share capital: 37 37
Profit and loss account: 965 1,403
Shareholders funds: 1,002 1,440

The notes form part of these financial statements

CRESCENT BUSINESS PARK LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: D Minshull
Status: Director

The notes form part of these financial statements

CRESCENT BUSINESS PARK LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year. It is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Equipment, Fixtures & Fittings – 20% on cost

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Deferred TaxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

CRESCENT BUSINESS PARK LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 6 6

CRESCENT BUSINESS PARK LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 2,682
At 31 October 2023 2,682
Depreciation
At 01 November 2022 1,524
Charge for year 538
At 31 October 2023 2,062
Net book value
At 31 October 2023 620
At 31 October 2022 1,158

CRESCENT BUSINESS PARK LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

CRESCENT BUSINESS PARK LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

There are no secured creditors.