Metal Products Business Park Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06651873 (England and Wales)

METAL PRODUCTS BUSINESS PARK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Stanley

REGISTERED OFFICE:

Prospect Road

Burntwood

Walsall

Staffordshire

WS7 0AE

REGISTERED NUMBER:

06651873 (England and Wales)

ACCOUNTANTS:

Atkinson Finch & Co

Chartered Accountants

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

FIXED ASSETS

Tangible assets

4

73,296

75,747

Investments

5

1,739,012

2,118,045

Investment property

6

2,616,577

4,428,885

4,810,369

CURRENT ASSETS

Debtors

7

63,188

56,741

Cash at bank and in hand

444,183

181,182

507,371

237,923

CREDITORS

Amounts falling due within one year

8

656,543

866,731

NET CURRENT LIABILITIES

(149,172

)

(628,808

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,279,713

4,181,561

PROVISIONS FOR LIABILITIES

18,324

18,937

NET ASSETS

4,261,389

4,162,624

CAPITAL AND RESERVES

Called up share capital

300

Share premium

2,080,778

Fair value reserve

627,673

Retained earnings

1,552,638

1,453,873

SHAREHOLDERS' FUNDS

4,261,389

4,162,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9th July 2026 and were signed by:

M S Stanley - Director

1.	STATUTORY INFORMATION

Metal Products 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

There are no significant judgements that have a material effect on the accounts nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover

This represents rents receivable from investment properties, sales are exclusive of value added tax.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Investment property

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains and the net of revaluation and deferred tax movement transferred to a fair value reserve.

The director reviews the property portfolio each year and adjusts the carrying values where he believes that there is a material adjustment to the previous year.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1st May 2025

154,857

39,827

-

4,001

198,685

Additions

-

16,000

-

16,000

At 30th April 2026

154,857

39,827

16,000

4,001

214,685

DEPRECIATION

At 1st May 2025

88,356

31,913

-

2,669

122,938

Charge for year

13,312

1,673

3,200

266

18,451

At 30th April 2026

101,668

33,586

3,200

2,935

141,389

NET BOOK VALUE

At 30th April 2026

53,189

6,241

12,800

1,066

73,296

At 30th April 2025

66,501

7,914

-

1,332

75,747

5.	FIXED ASSET INVESTMENTS

2026

2025

£

Participating interests

40

Loans to undertakings in which the company
has a participating interest

1,738,972

2,118,005

1,739,012

2,118,045

Additional information is as follows:

Interest

in

associate

£

COST

At 1st May 2025

and 30th April 2026

40

NET BOOK VALUE

At 30th April 2026

40

At 30th April 2025

40

Loans to

associates

£

At 1st May 2025

2,118,005

New in year

1,457,967

Repayment in year

(1,837,000

)

At 30th April 2026

1,738,972

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2025

and 30th April 2026

2,616,577

NET BOOK VALUE

At 30th April 2026

2,616,577

At 30th April 2025

2,616,577

Fair value at 30th April 2026 is represented by:

£

Valuation in 2020

627,673

Cost

1,988,904

2,616,577

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

Cost

1,988,904

The investment properties were valued on the fair value basis on 30th April 2020 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

37,518

23,896

Prepayments

25,670

32,845

63,188

56,741

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

29,454

32,795

Amounts owed to associates

425,000

505,000

Corporation tax payable

34,514

28,470

Social security and other taxes

15,645

14,525

Other creditors

2,271

2,946

Directors' current accounts

135,577

266,071

Accrued expenses

14,082

16,924

656,543

866,731