Registered number: 10477678
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
CONTENTS
KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
COMPANY INFORMATION
Page 1
KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
REGISTERED NUMBER: 10477678
BALANCE SHEET
AS AT 31 MARCH 2026
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KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
REGISTERED NUMBER: 10477678
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2026
(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 that 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 that financial year, in accordance with the requirements of Sections 394 and 395 and otherwise complying with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 4 to 7 form part of these financial statements.
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KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Knowsley (Image 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
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.
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
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 the 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.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
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 the 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.
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KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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The directors believe the market value of the investment property as at 31 March 2026, on an open market basis, was £6,520,000 (2025: £6,520,000). The directors made their decision after seeking advice from agents, a commercial real estate services firm.
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KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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Page 6
KNOWSLEY (IMAGE BUSINESS PARK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
This includes non-distributable reserve of £3,355,150 (2025: £3,099,721), which represents unrealised profit on the remeasurement of investment properties.
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