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Company registration number: 04578050
Midland (WSM) Limited
Unaudited filleted financial statements
31 March 2023
Midland (WSM) Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Midland (WSM) Limited
Directors and other information
Directors Mr Kerry Michael
Mr Axentis Demetriou
Company number 04578050
Registered office The Grand Pier
Marine Parade
Weston-Super-Mare
North Somerset
BS23 1AL
Accountants Arcadia Chartered Tax Advisers and Accountants
9 Elborough Gardens
Elborough
Weston-Super-Mare
North Somerset
BS24 8PL
Midland (WSM) Limited
Accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Midland (WSM) Limited
Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Midland (WSM) Limited for the year ended 31 March 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Institute of Taxation , we are subject to its ethical and other professional requirements which are detailed at https://www.tax.org.uk/professional-standards.
This report is made solely to the board of directors of Midland (WSM) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Midland (WSM) Limited and state those matters that we have agreed to state to the board of directors of Midland (WSM) Limited as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Midland (WSM) Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Midland (WSM) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Midland (WSM) Limited. You consider that Midland (WSM) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Midland (WSM) Limited. 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 financial statements.
Arcadia Chartered Tax Advisers and Accountants
9 Elborough Gardens
Elborough
Weston-Super-Mare
North Somerset
BS24 8PL
21 November 2023
Midland (WSM) Limited
Statement of financial position
31 March 2023
2023 2022
£ £ £ £
Fixed assets 978,650 967,516
_______ _______
Current assets 30,871 32,543
Prepayments and accrued income 1,754 1,517
_______ _______
32,625 34,060
Creditors: amounts falling due within one year ( 1,178,374) ( 1,154,374)
_______ _______
Net current liabilities ( 1,145,749) ( 1,120,314)
_______ _______
Total assets less current liabilities ( 167,099) ( 152,798)
Creditors: amounts falling due after more than one year ( 1,699) -
Accruals and deferred income ( 3,089) ( 3,430)
_______ _______
Net liabilities ( 171,887) ( 156,228)
_______ _______
Capital and reserves ( 171,887) ( 156,228)
_______ _______
Midland (WSM) Limited
Year ended 31 March 2023
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 21 November 2023 , and are signed on behalf of the board by:
Mr Kerry Michael
Director
Company registration number: 04578050
The company is a private company limited by shares, registered in England and Wales.