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Company Registration No. 07155926 (England and Wales)
Omega Park Management Limited Unaudited accounts for the year ended 28 September 2024
Omega Park Management Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Omega Park Management Limited Statement of financial position as at 28 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4
22,328 
29,182 
Cash at bank and in hand
11,704 
13,062 
34,032 
42,244 
Creditors: amounts falling due within one year
5
(44,812)
(46,365)
Net current liabilities
(10,780)
(4,121)
Net liabilities
(10,780)
(4,121)
Capital and reserves
Called up share capital
6
6 
6 
Profit and loss account
(10,786)
(4,127)
Shareholders' funds
(10,780)
(4,121)
For the year ending 28 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2025 and were signed on its behalf by
A Khan Director Company Registration No. 07155926
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Omega Park Management Limited Notes to the Accounts for the year ended 28 September 2024
1
Statutory information
Omega Park Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07155926. The registered office is 291 Birchfield Road, Birmingham, B20 3DD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover
Turnover represents amounts recoverable from tenants (or from the landlord in respect of any units that are unlet) in respect of service charge expenditure incurred.
Service charge transactions
The accounts include expenditure incurred during the year in accordance with a verbal Estate Management Agreement between the company and Opus Land (Erdington) Limited, the landlord of Opus Aspect, Chester Road, Erdington, Birmingham B24 0QY. Under the terms of the leases of the property, the costs incurred by the company in fulfilling its responsibilities under the Estate Management Agreement are fully recoverable from the tenants of the site (or from the landlord in respect of any units that are unlet).
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,297 
29,176 
Other debtors
31 
6 
22,328 
29,182 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
5,147 
Other creditors
44,812 
41,218 
44,812 
46,365 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6 
6 
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Omega Park Management Limited Notes to the Accounts for the year ended 28 September 2024
7
Transactions with related parties
Omega Park Management Limited manages and maintains the common parts and amenities of, and services, for the estate at Opus Aspect, Chester Road, Erdington, Birmingham B24 0QY. The estate is owned by Opus Land (Erdington) Limited, its parent company until 11 November 2015. The costs incurred by the company in carrying out these services are recoverable from the tenants of the estate, or from the landlord in respect of unlet units. There was no amount owed to or by Opus Land (Erdington) Limited at any time during the year.
8
Controlling party
Until 11 November 2015 the controlling party was Opus Land (Erdington) Limited and the ultimate controlling party was Palmer Capital Partners Limited. Since 11 November 2015 there has been no controlling or ultimate controlling party.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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