Calico Business Park Management Company Ltd - Period Ending 2019-07-31

Registration number: 06638426

Calico Business Park Management Company Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 July 2019

David Evans & Co Limited
Business & Tax Advisors
Stowegate House
Lombard Street
Lichfield
Staffs
WS13 6DP

Calico Business Park Management Company Ltd

Contents

Accountants' Report	1
Abridged Balance Sheet	2 to 3
Statement of Changes in Equity	4
Notes to the Abridged Financial Statements	5 to 6

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Calico Business Park Management Company Ltd
for the Year Ended 31 July 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Calico Business Park Management Company Ltd for the year ended 31 July 2019 as set out on pages 2 to 6 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Calico Business Park Management Company Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Calico Business Park Management Company Ltd and state those matters that we have agreed to state to the Board of Directors of Calico Business Park Management Company Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Calico Business Park Management Company Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Calico Business Park Management Company Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Calico Business Park Management Company Ltd. You consider that Calico Business Park Management Company Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out a review of the accounts of Calico Business Park Management Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

David Evans & Co Limited
Business & Tax Advisors
Stowegate House
Lombard Street
Lichfield
Staffs
WS13 6DP

4 September 2019

Page 1

Calico Business Park Management Company Ltd

(Registration number: 06638426)
Abridged Balance Sheet as at 31 July 2019

	Note	2019 £	2018 £
Current assets
Debtors		1,491	1,560
Cash at bank and in hand		47,713	45,039
		49,204	46,599
Prepayments and accrued income		159	160
Creditors: Amounts falling due within one year		(2,471)	(1,340)
Total assets less current liabilities		46,892	45,419
Accruals and deferred income		(9,896)	(9,754)
Net assets		36,996	35,665
Capital and reserves
Called up share capital		100	94
Profit and loss account		36,896	35,571
Total equity		36,996	35,665

For the financial year ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

The notes on pages 5 to 6 form an integral part of these abridged financial statements.

Page 2

Calico Business Park Management Company Ltd

(Registration number: 06638426)
Abridged Balance Sheet as at 31 July 2019

Approved and authorised by the director on 4 September 2019
 

.........................................

Mr John Worton

Director

The notes on pages 5 to 6 form an integral part of these abridged financial statements.

Page 3

Calico Business Park Management Company Ltd

Statement of Changes in Equity for the Year Ended 31 July 2019

	Share capital £	Profit and loss account £	Total £
At 1 August 2018	94	35,571	35,665
Profit for the year	-	1,325	1,325
Total comprehensive income	-	1,325	1,325
New share capital subscribed	6	-	6
At 31 July 2019	100	36,896	36,996

	Share capital £	Profit and loss account £	Total £
At 1 August 2017	94	32,749	32,843
Profit for the year	-	2,822	2,822
Total comprehensive income	-	2,822	2,822
At 31 July 2018	94	35,571	35,665

The notes on pages 5 to 6 form an integral part of these abridged financial statements.

Page 4

Calico Business Park Management Company Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 July 2019

1	General information

The company is a private company limited by share capital incorporated in England & Wales.

The address of its registered office is:
c/o Shire Financial Services
1 Calico Business Park
Amington
Tamworth
Staffordshire
B77 4BF

These financial statements were authorised for issue by the director on 4 September 2019.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Page 5

Calico Business Park Management Company Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 July 2019

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Page 6