Micha Weidmann Property Ltd |
Registered Number:14093299 |
For the period ended 31 May 2023
England and Wales
Unaudited Financial Statements
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
Micha Weidmann Property Ltd
Statement of Financial Position
2023
2
530,070
530,070
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
2
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. |
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
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. |
The Rose Lipman Building
43 De Beauvoir Road
London
United Kingdom
N1 5SQ
The presentation currency is £ sterling. |
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. |
530,070
530,070
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
2
2 of 3
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
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