Company registration number 10351238 (England and Wales)
A30 BUSINESS PARK LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
A30 BUSINESS PARK LTD
COMPANY INFORMATION
Directors
Mr W J Hawkins
Mr A J Hawkins
Company number
10351238
A30 BUSINESS PARK LTD
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 5
A30 BUSINESS PARK LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A30 BUSINESS PARK LTD FOR THE YEAR ENDED 30 APRIL 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A30 Business Park Ltd for the year ended 30 April 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of A30 Business Park Ltd, as a body, in accordance with the terms of our engagement letter dated 20 July 2018. Our work has been undertaken solely to prepare for your approval the financial statements of A30 Business Park Ltd and state those matters that we have agreed to state to the board of directors of A30 Business Park Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A30 Business Park Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that A30 Business Park Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A30 Business Park Ltd. You consider that A30 Business Park Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A30 Business Park Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Phillips Frith LLP
Chartered Accountants
9 Tregarne Terrace
St Austell
Cornwall
PL25 4DD
23 January 2025
A30 BUSINESS PARK LTD
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,893,599
5,728,212
Current assets
Debtors
4
98,052
18,027
Cash at bank and in hand
400,265
81,721
498,317
99,748
Creditors: amounts falling due within one year
5
(7,151,921)
(5,687,018)
Net current liabilities
(6,653,604)
(5,587,270)
Total assets less current liabilities
239,995
140,942
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
239,895
140,842
Total equity
239,995
140,942

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

For the financial year ended 30 April 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 member has 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 23 January 2025 and are signed on its behalf by:
Mr W J Hawkins
Director
Company Registration No. 10351238
A30 BUSINESS PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
1
Accounting policies
Company information

A30 Business Park Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 9 Tregarne Terrace, St Austell, Cornwall, PL25 4DD.

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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is in respect of rental income which is recognised on a receivable basis and deferred where the income is received in advance.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Freehold land is not depreciated.

Freehold buildings
2% per annum on the straight line method
Computer equipment
33.3% per annum on the straight line method

Assets in the course of construction are not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include only cash in hand.

1.5
Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. There have been no impairments to debtors or creditors and all amounts are receivable or payable within one year and are therefore not amortised.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

A30 BUSINESS PARK LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
2
Employees
2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Freehold buildings
Computer equipment
Total
£
£
£
Cost
At 1 May 2023
5,980,807
2,500
5,983,307
Additions
1,268,461
-
0
1,268,461
At 30 April 2024
7,249,268
2,500
7,251,768
Depreciation and impairment
At 1 May 2023
252,595
2,500
255,095
Depreciation charged in the year
103,074
-
0
103,074
At 30 April 2024
355,669
2,500
358,169
Carrying amount
At 30 April 2024
6,893,599
-
0
6,893,599
At 30 April 2023
5,728,212
-
0
5,728,212
4
Debtors: amounts falling due within one year
2024
2023
£
£
Trade debtors
8,605
15,796
Other debtors
89,447
2,231
98,052
18,027
A30 BUSINESS PARK LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,580
4,633
Amounts owed to connected companies
6,945,724
5,610,436
Corporation tax
67,376
36,348
Other taxation and social security
9,118
343
Other creditors
128,123
35,258
7,151,921
5,687,018
6
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and not fully paid
100 Ordinary shares of £1 each
100
100
100
100
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