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REGISTERED NUMBER: 08198634















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MIDDLETON STRUCTURES LTD

MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MIDDLETON STRUCTURES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J D Middleton





REGISTERED OFFICE: 27 St. Cuthberts Street
Bedford
Bedfordshire
MK40 3JG





REGISTERED NUMBER: 08198634





ACCOUNTANTS: Digital Tax Matters Limited
27 St Cuthberts Street
Bedford
MK40 3JG

MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

BALANCE SHEET
31 MARCH 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 440,589 445,300
Investments 5 132,700 132,700
573,289 578,000

CURRENT ASSETS
Stocks 201,735 52,057
Debtors 6 1,049,751 1,019,019
Cash at bank and in hand 577,755 1,165,418
1,829,241 2,236,494
CREDITORS
Amounts falling due within one year 7 538,911 765,908
NET CURRENT ASSETS 1,290,330 1,470,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,863,619

2,048,586

CREDITORS
Amounts falling due after more than one
year

8

(29,244

)

(50,891

)

PROVISIONS FOR LIABILITIES (32,671 ) -
NET ASSETS 1,801,704 1,997,695

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,801,702 1,997,693
SHAREHOLDERS' FUNDS 1,801,704 1,997,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

BALANCE SHEET - continued
31 MARCH 2024


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 10 September 2024 and were signed by:





J D Middleton - Director


MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Middleton Structures Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
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 - 10% on reducing balance
Motor vehicles - 10% on reducing balance
Computer equipment - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 272,620 90,955 226,818 11,061 601,454
Additions - - 35,370 1,911 37,281
At 31 March 2024 272,620 90,955 262,188 12,972 638,735
DEPRECIATION
At 1 April 2023 - 62,545 86,901 6,708 156,154
Charge for year - 5,682 35,057 1,253 41,992
At 31 March 2024 - 68,227 121,958 7,961 198,146
NET BOOK VALUE
At 31 March 2024 272,620 22,728 140,230 5,011 440,589
At 31 March 2023 272,620 28,410 139,917 4,353 445,300

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
as restated
£    £   
Investments 132,700 132,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 444,986 472,036
Amounts owed by participating interests 523,303 358,483
Other debtors 81,462 188,500
1,049,751 1,019,019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Hire purchase contracts 17,167 5,738
Trade creditors 505,041 508,681
Amounts owed to participating interests - 80,000
Taxation and social security 12,165 160,758
Other creditors 4,538 10,731
538,911 765,908

MIDDLETON STRUCTURES LTD (REGISTERED NUMBER: 08198634)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
as restated
£    £   
Hire purchase contracts 29,244 27,859
Other creditors - 23,032
29,244 50,891