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Company Registration No. 14263454 (England and Wales)
Midlands Mr2 Ltd Unaudited accounts for the year ended 31 March 2024
Midlands Mr2 Ltd Unaudited accounts Contents
Page
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Midlands Mr2 Ltd Company Information for the year ended 31 March 2024
Directors
Daniel Geary Lewis Whitmore
Company Number
14263454 (England and Wales)
Registered Office
23 Chiltern Road Swadlincote Derbyshire DE11 9ED England
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Midlands Mr2 Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
- 
1,000 
Fixed assets
Intangible assets
300 
- 
Current assets
Inventories
300 
- 
Debtors
1,000 
- 
Cash at bank and in hand
1,713 
- 
3,013 
- 
Creditors: amounts falling due within one year
(4,190)
- 
Net current liabilities
(1,177)
- 
Net (liabilities)/assets
(877)
1,000 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(1,877)
- 
Shareholders' funds
(877)
1,000 
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Lewis Whitmore Director Company Registration No. 14263454
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Midlands Mr2 Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Midlands Mr2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14263454. The registered office is 23 Chiltern Road, Swadlincote, Derbyshire, DE11 9ED, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The intangible assets have retained their value in the opinion of the directors
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
- 
Additions
300 
At 31 March 2024
300 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
300 
The intangible asset is the trademark of the firms logo
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,000 
- 
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Midlands Mr2 Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
3,840 
- 
Accruals
350 
- 
4,190 
- 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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