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REGISTERED NUMBER: 14191674 (England and Wales)















Financial Statements

for the Period 23 June 2022 to 30 March 2023

for

NYETIMBER MIDCO LIMITED

NYETIMBER MIDCO LIMITED (REGISTERED NUMBER: 14191674)

Contents of the Financial Statements
for the period 23 June 2022 to 30 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NYETIMBER MIDCO LIMITED

Company Information
for the period 23 June 2022 to 30 March 2023







Directors: D L Holland
J Maitland





Registered office: Nyetimber Midco Limited Chaddock Lane
Worsley
Manchester
M28 1XW





Registered number: 14191674 (England and Wales)





Auditors: Haines Watts
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

NYETIMBER MIDCO LIMITED (REGISTERED NUMBER: 14191674)

Balance Sheet
30 March 2023

Notes £ £
Fixed assets
Investments 5 1,923,396

Current assets
Debtors 6 333,889,285

Creditors
Amounts falling due within one year 7 333,889,285
Net current liabilities -
Total assets less current liabilities 1,923,396

Capital and reserves
Called up share capital 8 1,923,396
Shareholders' funds 1,923,396

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:





D L Holland - Director


NYETIMBER MIDCO LIMITED (REGISTERED NUMBER: 14191674)

Notes to the Financial Statements
for the period 23 June 2022 to 30 March 2023


1. Statutory information

Nyetimber Midco 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the exemption available under the Companies Act 2006 not to prepare consolidated financial statements because it is included in the consolidated financial statement of Nyetimber Finco Limited, which are publicly available on Companies House.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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 financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period 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.

4. Employees and directors

The average number of employees during the period was NIL.

5. Fixed asset investments
Shares in
group
undertakings
£
Cost
Additions 1,923,396
At 30 March 2023 1,923,396
Net book value
At 30 March 2023 1,923,396

NYETIMBER MIDCO LIMITED (REGISTERED NUMBER: 14191674)

Notes to the Financial Statements - continued
for the period 23 June 2022 to 30 March 2023


6. Debtors: amounts falling due within one year
£
Amounts owed by group undertakings 333,889,285

7. Creditors: amounts falling due within one year
£
Amounts owed to group undertakings 333,889,285

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
1,923,396 Ordinary 1 1,923,396

1,923,396 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

One £1 Ordinary share was issued at par on incorporation and a further 1,923,395 issued at par on 27 September 2022.

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

David M Fort FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

10. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. Ultimate controlling party

The immediate parent company, by virtue of its 100% shareholding, is Nyetimber Finco Limited, a company registered in the United Kingdom.

Nyetimber Finco Limited, a company registered in the United Kingdom, is the parent undertaking of the smallest group of undertakings to consolidate these financial statements. OMERS Administration Corporation is the beneficial owner of Nyetimber Finco Limited.