2022-05-09 14093299 2023-05-31 14093299 2022-05-09 2023-05-31 14093299 uk-core:WithinOneYear 2023-05-31 14093299 uk-core:ShareCapital 2023-05-31 14093299 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 14093299 uk-bus:Director1 2022-05-09 2023-05-31 iso4217:GBP xbrli:pure 14093299 uk-bus:AuditExemptWithAccountantsReport 2022-05-09 2023-05-31 14093299 uk-bus:FRS102 2022-05-09 2023-05-31 14093299 uk-bus:FullAccounts 2022-05-09 2023-05-31 14093299 uk-bus:PrivateLimitedCompanyLtd 2022-05-09 2023-05-31
Micha Weidmann Property Ltd
Registered Number:14093299
For the period ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the period ended 31 May 2023
Micha Weidmann Property Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14093299
As at 31 May 2023
Micha Weidmann Property Ltd
Statement of Financial Position
£
2023
Notes
Fixed assets
2
530,070
Investment property
530,070
Current assets
Trade and other receivables
2
3
Cash and cash equivalents
21,909
21,911
Trade and other payables: amounts falling due within one
year
(542,821)
4
(520,910)
Net current liabilities
Total assets less current liabilities
9,160
9,160
Net assets/liabilities
Capital and reserves
Called up share capital
2
Retained earnings
9,158
9,160
Shareholders' funds
For the period ended 31 May 2023 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 of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 profit or loss for each financial year in accordance with the requirements of Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
M Weidmann Director
These financial statements were approved and authorised for issue by the Board on 06 February 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the period ended 31 May 2023
Micha Weidmann Property Ltd
Notes to the Financial Statements
Statutory Information
Micha Weidmann Property Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 14093299.
Registered address:
The Rose Lipman Building
43 De Beauvoir Road
London
United Kingdom
N1 5SQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Investment property
Investment property which is held to earn rentals and/or for capital appreciation, is initially recognised at cost, whichincludes purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at thereporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
2. Investment property
Total
£
Fair value
Additions
530,070
At 31 May 2023
530,070
Net book value
At 31 May 2023
530,070
Investment property comprises of one investment property which is being rented out by the company. The directors have valued the property at £530,070 as at 31 May 2023. No depreciation is provided in respect of the property.
3. Trade and other receivables
2023
£
Other debtors
2
2 of 3
5
For the period ended 31 May 2023
Micha Weidmann Property Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
£
Taxation and social security
2,148
Other creditors
540,673
542,821
5. Related party transactions
During the year the company received a loan of £540,000 from a company under common control of the directors.
The loan was provided interest free but is repayable on demand. The balance at the end of the year was £540,000.
This is shown in other creditors in note 4 of the accounts.
6. Average number of persons employed
During the year the average number of employees was 2
3 of 3