Company Registration No. 12407565 (England and Wales)
MIDLANDS PROPERTY INVESTMENTS LTD
Unaudited accounts
for the year ended 31 January 2022
MIDLANDS PROPERTY INVESTMENTS LTD
Unaudited accounts
Contents
MIDLANDS PROPERTY INVESTMENTS LTD
Company Information
for the year ended 31 January 2022
Company Number
12407565 (England and Wales)
Registered Office
JSM PARTNERS LTD, BRIGHTFIELD BUSINESS H
ORTON SOUTHGATE
PETERBOROUGH
CAMBRIDGESHIRE
PE2 6XU
ENGLAND
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
MIDLANDS PROPERTY INVESTMENTS LTD
Statement of financial position
as at 31 January 2022
Cash at bank and in hand
124
34,394
Creditors: amounts falling due within one year
(52,685)
(64,393)
Net current liabilities
(52,561)
(29,999)
Net liabilities
(52,561)
(29,999)
Called up share capital
1
1
Profit and loss account
(52,562)
(30,000)
Shareholders' funds
(52,561)
(29,999)
For the year ending 31 January 2022 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 13 September 2022 and were signed on its behalf by
Faysal Essa
Director
Company Registration No. 12407565
MIDLANDS PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 January 2022
MIDLANDS PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12407565. The registered office is JSM PARTNERS LTD, BRIGHTFIELD BUSINESS H, ORTON SOUTHGATE, PETERBOROUGH, CAMBRIDGESHIRE, PE2 6XU, ENGLAND.
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.
These financial statements for the year ended 31 January 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 16 January 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
126
-
Loans from directors
52,559
64,393
During the year loans totalling £52,559.00 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
6
Average number of employees
During the year the average number of employees was 1 (2021: 1).