Company Registration No. 07977974 (England and Wales)
LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
31 March 2024
PAGES FOR FILING WITH REGISTRAR
PM+M Solutions for Business LLP
Chartered Accountants
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
COMPANY INFORMATION
Directors
J C Reed
M Preston
Company number
07977974
Registered office
The Gateway
Gatehouse Road
Aylesbury
HP19 8FF
Accountants
PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
2,573
2,194
Cash at bank and in hand
8,092
18,343
10,665
20,537
Creditors: amounts falling due within one year
4
(10,665)
(20,537)
Net current assets
-
0
-
0

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 19 November 2024 and are signed on its behalf by:
M Preston
Director
Company Registration No. 07977974
LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

London Road Business Park Management Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Gateway, Gatehouse Road, Aylesbury, HP19 8FF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £.

1.2
Income

Income is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

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 in the company's balance sheet 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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at cost.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. Trade creditors are recognised initially at transaction price.

1.5
Taxation

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

LONDON ROAD BUSINESS PARK MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Service charges due
-
0
1,432
Other debtors
2,573
762
2,573
2,194
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
165
Other creditors
10,665
20,372
10,665
20,537
5
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2024-03-312023-04-01false19 November 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityJ C ReedM Prestonfalsefalse079779742023-04-012024-03-31079779742024-03-3107977974bus:Director12023-04-012024-03-3107977974bus:Director22023-04-012024-03-3107977974bus:RegisteredOffice2023-04-012024-03-31079779742023-03-3107977974core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3107977974core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3107977974core:CurrentFinancialInstruments2024-03-3107977974core:CurrentFinancialInstruments2023-03-31079779742022-04-012023-03-3107977974core:WithinOneYear2024-03-3107977974core:WithinOneYear2023-03-3107977974bus:CompanyLimitedByGuarantee2023-04-012024-03-3107977974bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107977974bus:FRS1022023-04-012024-03-3107977974bus:AuditExemptWithAccountantsReport2023-04-012024-03-3107977974bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP