Caseware UK (AP4) 2022.0.179 2022.0.179 2023-11-302023-11-30No description of principal activitytrue42022-12-01false4falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10497309 2022-12-01 2023-11-30 10497309 2021-12-01 2022-11-30 10497309 2023-11-30 10497309 2022-11-30 10497309 c:Director1 2022-12-01 2023-11-30 10497309 d:CurrentFinancialInstruments 2023-11-30 10497309 d:CurrentFinancialInstruments 2022-11-30 10497309 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10497309 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10497309 c:FRS102 2022-12-01 2023-11-30 10497309 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10497309 c:FullAccounts 2022-12-01 2023-11-30 10497309 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 10497309









FRADLEY PARK MANAGEMENT COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
FRADLEY PARK MANAGEMENT COMPANY LIMITED
REGISTERED NUMBER: 10497309

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
349,762
309,341

Cash at bank
  
4,649
40,276

  
354,411
349,617

Creditors: amounts falling due within one year
 5 
(354,411)
(349,617)

Net current assets
  
 
 
-
 
 
-

Total assets less current liabilities
  
-
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


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 by: 




N D M Smith
Director

Date: 6 August 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
FRADLEY PARK MANAGEMENT COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Fradley Park Management Company Limited is a limited liability company incorporated and domiciled in England. The registered office is Prologis House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH.
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 30 November 2023 (2022: year ended 30 November 2022).

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

Service charge income

Service charge income represents maintenance, management and administration costs recoverable from owners or occupiers of units on the site, exclusive of Value Added Tax. Amounts are charged quarterly on account and any surplus or deficit are refunded or recharged to the relevant parties.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. 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.

 
2.4

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.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. 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.

Page 2

 
FRADLEY PARK MANAGEMENT COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Page 3

 
FRADLEY PARK MANAGEMENT COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022: 4).


4.


Debtors

2023
2022
£
£


Service charge arrears
334,321
298,650

Other debtors
10,097
6,001

Prepayments
5,344
4,690

349,762
309,341



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
65,191
46,114

Other creditors
280,274
298,367

Accruals
8,946
5,136

354,411
349,617


Page 4