REGISTERED NUMBER: |
Financial Statements |
for the Period 23 June 2022 to 30 March 2023 |
for |
NYETIMBER MIDCO LIMITED |
REGISTERED NUMBER: |
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: |
Registered office: |
Registered number: |
Auditors: |
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 |
Current assets |
Debtors | 6 |
Creditors |
Amounts falling due within one year | 7 |
Net current liabilities |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 8 |
Shareholders' funds |
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 |
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 |
2. | Statement of compliance |
3. | Accounting policies |
Basis of preparing the financial statements |
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 |
At 30 March 2023 |
Net book value |
At 30 March 2023 |
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 |
7. | Creditors: amounts falling due within one year |
£ |
Amounts owed to group undertakings |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 1,923,396 |
1,923,396 Ordinary shares of 1 each were allotted and fully paid for |
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. |
for and on behalf of |
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. |