REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2024 |
for |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2024 |
for |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04274559) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED |
Company Information |
FOR THE YEAR ENDED 31 MARCH 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants and Statutory Auditors |
Bath House |
6 - 8 Bath Street |
Bristol |
BS1 6HL |
BANKERS: |
1 Granby Street |
Leicester |
LE1 6EJ |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04274559) |
Balance Sheet |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04274559) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | COMPANY INFORMATION |
The Warrens Business Park Management Company Limited is a |
The company's principal activities and nature of its operations are disclosed in the Directors' Report. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006. |
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below. |
Going concern |
The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information including annual budgets and future cash-flows in making their assessment. Based on these assessments, given the measures that could be undertaken, and current resources available, the directors have concluded that they are able to continue to adopt the going concern basis in prepared the financial statements. |
Significant judgements and estimates |
Estimates and judgements are inherent in the preparation of financial statements. The directors consider that in respect of these financial statements, there are no significant judgements that affect the financial results. |
Turnover |
The turnover shown in the financial statements consists of contributions received from the owners of the units in The Warrens Business Park towards the maintenance of the park. Contributions received include amounts paid in advance in connection with the activities of the company. In accordance with the memorandum of association of the company, such amounts are treated as deferred income. |
Cash and cash equivalents |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
THE WARRENS BUSINESS PARK MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04274559) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
VAT |
Prepayments and accrued income |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Accruals and deferred income |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
7. | RELATED PARTY DISCLOSURES |
The company was under the control of the directors throughout the current and previous year. |
Management fees and other administrative expenses amounting to £1,800 (2023 - £1,800) were charged by a company owned and managed by a director of the company. |
Directors, or entities controlled by the directors, were charged £3,900 (2023 - £4,200) in respect of maintenance contributions. |