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REGISTERED NUMBER: 02388740 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED

KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02388740)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D Henrickson
S T Ball





REGISTERED OFFICE: Argent House
5 Goldington Road
Bedford
Bedfordshire
MK40 3JY





REGISTERED NUMBER: 02388740 (England and Wales)





ACCOUNTANTS: Rawlinson Pryde Limited
Chartered Accountants
Argent House
5 Goldington Road
Bedford
Bedfordshire
MK40 3JY

KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02388740)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Investment property 4 - -

CURRENT ASSETS
Debtors 5 47,667 45,214
Prepayments and accrued income 9,146 9,867
56,813 55,081
CREDITORS
Amounts falling due within one year 6 20,201 20,544
NET CURRENT ASSETS 36,612 34,537
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,612

34,537

ACCRUALS AND DEFERRED INCOME 3,101 11,140
NET ASSETS 33,511 23,397

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 33,311 23,197
SHAREHOLDERS' FUNDS 33,511 23,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02388740)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





S T Ball - Director


KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02388740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Kempston Business Park Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Turnover
Turnover represents service charges, insurance and other associated income on accrual basis, excluding value added tax.

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity. An equity instrument is any contract that evidences residual interest in the assets of the company after deduction any liabilities.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Investment property
Investment property is shown at most recent valuation. Investment property for which fair value can be measured reliably without undue cost or effort is measured at fair value at each reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is subject to valuation by the directors or by external valuers, determined on the fair value basis using the market approach: based on market transactions involving identical or similar assets.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

KEMPSTON BUSINESS PARK MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02388740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INVESTMENT PROPERTY

The company is the proprietor of the site known as Wolseley Business Park, Woburn Road, Kempston, Bedfordshire and is leased to tenants on 999-year leases.

The directors consider the land and buildings are deemed to have nil value to the company, due to the length of leases granted to tenants and the restrictions contained in them, which is consistent with professional valuations undertaken in the past.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 19,877 1,567
Monies held by third party 27,790 43,647
47,667 45,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 271 2,924
VAT 1,169 242
Monies received in advance 18,761 17,378
20,201 20,544