Registered number
05038493
Salmon Fields Business Village (Oldham) Ltd
Filleted Accounts
31 December 2024
Gatley Read
Chartered Accountants
18/19 Salmon Fields Business Village
Royton
Oldham
OL2 6HT
Salmon Fields Business Village (Oldham) Ltd
Registered number: 05038493
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,751 2,195
Current assets
Debtors 4 2,870 7,000
Cash at bank and in hand 2,206 11,983
5,076 18,983
Creditors: amounts falling due within one year 5 (199) (12,853)
Net current assets 4,877 6,130
Net assets 6,628 8,325
Capital and reserves
Called up share capital 21 21
Profit and loss account 6,607 8,304
Shareholders' funds 6,628 8,325
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Read
Director
Approved by the board on 24 July 2025
Salmon Fields Business Village (Oldham) Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and buildings 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2024 43,021
At 31 December 2024 43,021
Depreciation
At 1 January 2024 40,826
Charge for the year 444
At 31 December 2024 41,270
Net book value
At 31 December 2024 1,751
At 31 December 2023 2,195
4 Debtors 2024 2023
£ £
Trade debtors 2,570 6,700
Other debtors 300 300
2,870 7,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 198 576
Taxation and social security costs (749) 1,607
Other creditors 750 10,670
199 12,853
6 Other information
Salmon Fields Business Village (Oldham) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
18/19 Salmon Fields
Business Village
Royton
Oldham
OL2 6HT
Salmon Fields Business Village (Oldham) Ltd 05038493 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2025 D Read No description of principal activity 05038493 2023-01-01 2023-12-31 05038493 core:WithinOneYear 2023-12-31 05038493 core:ShareCapital 2023-12-31 05038493 core:RetainedEarningsAccumulatedLosses 2023-12-31 05038493 2024-01-01 2024-12-31 05038493 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05038493 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05038493 bus:Director40 2024-01-01 2024-12-31 05038493 1 2024-01-01 2024-12-31 05038493 2 2024-01-01 2024-12-31 05038493 core:LandBuildings 2024-01-01 2024-12-31 05038493 countries:England 2024-01-01 2024-12-31 05038493 bus:FRS102 2024-01-01 2024-12-31 05038493 bus:FilletedAccounts 2024-01-01 2024-12-31 05038493 2024-12-31 05038493 core:WithinOneYear 2024-12-31 05038493 core:ShareCapital 2024-12-31 05038493 core:RetainedEarningsAccumulatedLosses 2024-12-31 05038493 core:LandBuildings 2024-12-31 05038493 2023-12-31 05038493 core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure