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REGISTERED NUMBER: 03627967 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SHELDON BUSINESS PARK LIMITED

SHELDON BUSINESS PARK LIMITED (REGISTERED NUMBER: 03627967)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHELDON BUSINESS PARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R J Tayler
J M Tayler
E J Tayler



SECRETARY: J M Tayler



REGISTERED OFFICE: Fowlswick Farm
Allington
Chippenham
Wiltshire
SN14 6LT



REGISTERED NUMBER: 03627967 (England and Wales)



ACCOUNTANTS: Berkeley Hall Marshall Limited
6 Charlotte Street
Bath
BA1 2NE



BANKERS: Lloyds TSB
High Street
Chippenham
Wiltshire
SN15 3HA

SHELDON BUSINESS PARK LIMITED (REGISTERED NUMBER: 03627967)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,664,142 1,665,827

CURRENT ASSETS
Debtors 5 131,414 167,207
Cash at bank 199,481 171,157
330,895 338,364
CREDITORS
Amounts falling due within one year 6 53,313 62,604
NET CURRENT ASSETS 277,582 275,760
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,941,724

1,941,587

PROVISIONS FOR LIABILITIES - 25,400
NET ASSETS 1,941,724 1,916,187

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 1,931,724 1,906,187
SHAREHOLDERS' FUNDS 1,941,724 1,916,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 5 March 2025 and were signed on its behalf by:



E J Tayler - Director


SHELDON BUSINESS PARK LIMITED (REGISTERED NUMBER: 03627967)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Sheldon Business Park 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 directors have considered the position of the company for the twelve months following the signing of the balance sheet and, although there are net current liabilities, they feel with the level of consistent profit and with their continued financial support, if necessary, preparing the accounts on a going concern basis is appropriate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Turnover
Turnover represents net rents received excluding value added tax.


3. EMPLOYEES AND DIRECTORS

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

SHELDON BUSINESS PARK LIMITED (REGISTERED NUMBER: 03627967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 1,659,072 28,118 1,687,190
DEPRECIATION
At 1 October 2023 - 21,363 21,363
Charge for year - 1,685 1,685
At 30 September 2024 - 23,048 23,048
NET BOOK VALUE
At 30 September 2024 1,659,072 5,070 1,664,142
At 30 September 2023 1,659,072 6,755 1,665,827

The freehold buildings which are stated on the balance sheet at their original cost plus subsequent development costs have not been depreciated since their value at the balance sheet date is known to be in excess of the cost. If depreciation had been provided on the development costs at 2% per annum, reserves would have been reduced by £33,181 in these accounts.

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 8,209 45,480
Other debtors - 682
8,209 46,162

Amounts falling due after more than one year:
Other debtors 123,205 121,045

Aggregate amounts 131,414 167,207

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,424 481
Taxation and social security 48,954 61,986
Other creditors 935 137
53,313 62,604

7. ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.