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HERITAGE BUSINESS PARK MANAGEMENT LIMITED

Registered Number
06165562
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

HERITAGE BUSINESS PARK MANAGEMENT LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Director

REEVES, Philip

Company Secretary

REEVES, Philip

Registered Address

5 Monks Way
Swaythling
Southampton
SO18 2LR

Registered Number

06165562 (England and Wales)
HERITAGE BUSINESS PARK MANAGEMENT LIMITED
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3449937
449937
Current assets
Debtors8,627624
Cash at bank and on hand39,73424,455
48,36125,079
Creditors amounts falling due within one year4(5,139)(1,636)
Net current assets (liabilities)43,22223,443
Total assets less current liabilities43,67124,380
Net assets43,67124,380
Capital and reserves
Profit and loss account43,67124,380
Reserves43,67124,380
The financial statements were approved and authorised for issue by the Director on 7 February 2025, and are signed on its behalf by:
REEVES, Philip
Director
Registered Company No. 06165562
HERITAGE BUSINESS PARK MANAGEMENT LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 January 242,4402,440
At 31 December 242,4402,440
Depreciation and impairment
At 01 January 241,5031,503
Charge for year488488
At 31 December 241,9911,991
Net book value
At 31 December 24449449
At 31 December 23937937
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security4,6391,136
Accrued liabilities and deferred income500500
Total5,1391,636