ST. PETERS QUARTER DERBY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R J Davies

Mr C A J Memmott

Miss J F M Sayers

Miss H J Wathall MBE

Mr S L Wildash

Mr J Wright

REGISTERED OFFICE:

Unit CB205

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

REGISTERED NUMBER:

07071824 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Tangible assets

4

237

356

CURRENT ASSETS

Debtors

5

52,826

72,910

Cash at bank

175,887

117,207

228,713

190,117

CREDITORS

Amounts falling due within one year

6

62,275

90,895

NET CURRENT ASSETS

166,438

99,222

TOTAL ASSETS LESS CURRENT LIABILITIES

166,675

99,578

RESERVES

Income and expenditure account

166,675

99,578

166,675

99,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Miss H J Wathall MBE - Director

1.	STATUTORY INFORMATION

St. Peters Quarter Derby Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

At 31 March 2026 there were 36 (2025 - 36) members of the company each of whom has undertaken to contribute an amount not exceeding £1 in the event of the company winding up.

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.

Significant judgements and estimates

Bad debts

In the current and previous period, bad debts in respect of BID levy income have been provided for based upon a percentage applied to the stage of recovery.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company's main source of income is levy on businesses in the St Peters Quarter.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Going concern

The company made a surplus of £67,097 for the year ended 31st March 2026 (2025: deficit of £13,163). The Directors have prepared the accounts on a going concern basis which assumes that the company will continue to trade for the foreseeable future. The validity of the assumption is based on the directors' assessment of future cash forecasts and expected income projections.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

28,360

475

28,835

DEPRECIATION

At 1 April 2025

28,360

119

28,479

Charge for year

-

119

119

At 31 March 2026

28,360

238

28,598

NET BOOK VALUE

At 31 March 2026

-

237

237

At 31 March 2025

-

356

356

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Trade debtors

40,742

16,125

VAT

5,013

5,700

Prepayments and Accrued Income

7,071

51,085

52,826

72,910

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Trade creditors

40,299

8,394

Tax

206

-

Accruals and deferred income

21,770

82,501

62,275

90,895