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REGISTERED NUMBER: 14182887 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 21 JUNE 2022 TO 20 DECEMBER 2023

FOR

MIDDLETON J LTD

MIDDLETON J LTD (REGISTERED NUMBER: 14182887)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 JUNE 2022 TO 20 DECEMBER 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 2 to 4


MIDDLETON J LTD (REGISTERED NUMBER: 14182887)

STATEMENT OF FINANCIAL POSITION
20 DECEMBER 2023

Notes £   
FIXED ASSETS
Tangible assets 4 750

CURRENT ASSETS
Debtors 5 5,300
Cash at bank 2,939
8,239
CREDITORS
Amounts falling due within one year 6 (8,831 )
NET CURRENT LIABILITIES (592 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

158

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 157
158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 20 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 20 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2024 and were signed by:





R J Middleton - Director


MIDDLETON J LTD (REGISTERED NUMBER: 14182887)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 JUNE 2022 TO 20 DECEMBER 2023


1. STATUTORY INFORMATION

Middleton J Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14182887

Registered office: 33 Claytonwood Road
Stoke-On-Trent
Staffordshire
ST4 6LE

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
s and residual values of fixed assets

(i) Estimated useful lives and residual values of fixed assets

Depreciation of tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take into account estimated useful lives used by other companies operating in the sector and actual asset lives and residual values, as evidenced by disposals during the current and prior accounting periods

REVENUE RECOGNITION
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - straight line over 3 years

MIDDLETON J LTD (REGISTERED NUMBER: 14182887)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 JUNE 2022 TO 20 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

MIDDLETON J LTD (REGISTERED NUMBER: 14182887)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 JUNE 2022 TO 20 DECEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,500
At 20 December 2023 1,500
DEPRECIATION
Charge for period 750
At 20 December 2023 750
NET BOOK VALUE
At 20 December 2023 750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 5,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' loan accounts 7,931
Accruals and deferred income 900
8,831

7. RELATED PARTY DISCLOSURES

All transactions undertaken with directors and shareholder are deemed to be conducted under normal market conditions and/or are not material.