Cambourne Business Park Management Limited 03894720 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true Anne Elizabeth Ainsworth Peter John Maddock true false 03894720 2023-04-01 2024-03-31 03894720 2024-03-31 03894720 bus:OrdinaryShareClass1 2024-03-31 03894720 core:ShareCapital 2024-03-31 03894720 core:CurrentFinancialInstruments 2024-03-31 03894720 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03894720 bus:FRS102 2023-04-01 2024-03-31 03894720 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03894720 bus:FullAccounts 2023-04-01 2024-03-31 03894720 bus:RegisteredOffice 2023-04-01 2024-03-31 03894720 bus:Director3 2023-04-01 2024-03-31 03894720 bus:Director6 2023-04-01 2024-03-31 03894720 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 03894720 bus:EntityHasNeverTraded 2023-04-01 2024-03-31 03894720 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03894720 1 2023-04-01 2024-03-31 03894720 countries:EnglandWales 2023-04-01 2024-03-31 03894720 2023-03-31 03894720 bus:OrdinaryShareClass1 2023-03-31 03894720 core:ShareCapital 2023-03-31 03894720 core:CurrentFinancialInstruments 2023-03-31 03894720 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03894720

Cambourne Business Park Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Cambourne Business Park Management Limited

Contents

Company Information

1

Strategic Report

2

Directors' Report

3

Statement of Directors' Responsibilities

4

Balance Sheet

5

Notes to the Unaudited Financial Statements

6 to 7

 

Cambourne Business Park Management Limited

Company Information

Directors

Anne Elizabeth Ainsworth

Peter John Maddock

Registered office

South Cambridgeshire Hall
Cambourne Business Park
Cambourne
Cambridge
CB23 6EA

Accountants

Williamson & Croft Audit Ltd
Chartered Accountants
York House
20 York Street
Manchester
M2 3BB

 

Cambourne Business Park Management Limited

Strategic Report for the Year Ended 31 March 2024

The directors present their strategic report for the year ended 31 March 2024.

Principal activity

The principal activity of the company is that of a dormant company.

Fair review of the business

The company did not trade during the current period and preceding financial year and made neither a profit nor a loss. There were also no other recognised gains and losses for the current period or preceding financial year. Accordingly, neither a Statement of Comprehensive Income nor a Statement of Changes in Equity have been presented.

The Directors do not recommend the payment of a dividend (2023: £Nil).

In the opinion of the Directors, on the basis that the company did not trade throughout the year and has never traded since incorporation, an analysis using KPIs for the company is not necessary or appropriate.

Principal risks and uncertainties

The management of the business and the execution of the company's strategy was subject to a number of risks during the year.

On 25 May 2021 the entire issued share capital of Cambourne Business Park Limited, the immediate parent company, was acquired by South Cambridgeshire District Council and at the date of these financial statements the company was subject to the group-wide risks and uncertainties as a member of the group headed by the Council.

Further discussion of the risks and uncertainties, in the context of the group as a whole, is provided in the Council's own annual report which does not form part of this report.

Approved and authorised by the Board on 7 November 2024 and signed on its behalf by:
 

.........................................
Peter John Maddock
Director

 

Cambourne Business Park Management Limited

Directors' Report for the Year Ended 31 March 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Directors of the company

The directors who held office during the year were as follows:

Anne Elizabeth Ainsworth

Peter John Maddock

Information included in the Strategic Report

The Company has chosen, in accordance with the Companies Act 2006, s.141C (11), to set out in the Company's Strategic Report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2006, Sch.7 to be contained in the Directors' Report.

Approved and authorised by the Board on 7 November 2024 and signed on its behalf by:
 

.........................................
Peter John Maddock
Director

 

Cambourne Business Park Management Limited

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

Cambourne Business Park Management Limited

(Registration number: 03894720)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

2

2

Capital and reserves

 

Called up share capital

4

2

2

Shareholders' funds

 

2

2

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

Approved and authorised by the Board on 7 November 2024 and signed on its behalf by:
 

.........................................
Peter John Maddock
Director

 

Cambourne Business Park Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
South Cambridgeshire Hall
Cambourne Business Park
Cambourne
Cambridge
CB23 6EA

These financial statements were authorised for issue by the Board on 7 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company.

Summary of disclosure exemptions

The accounts do not include a cash flow statement because the company, as a dormant entity, is exempt from the requirements to prepare such a statement.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Cambourne Business Park Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Debtors

Current

2024
£

2023
£

Other debtors

2

2

 

2

2

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

       

5

Parent and ultimate parent undertaking

The company's immediate parent is Cambourne Business Park Limited, incorporated in England and Wales.

 The most senior parent entity producing publicly available financial statements is South Cambridgeshire District Council. These financial statements are available upon request from South Cambridgeshire Hall, Cambourne Business Park, Cambourne, Cambridge, CB23 6EA.

 The ultimate controlling party is South Cambridgeshire District Council.

6

Staff costs

Employee numbers

Throughout the current financial period the company had 0 employees (2023: 0).