Mi-Pac Newco Limited |
Registered number: |
09349486 |
Balance Sheet |
as at 31 January 2024 |
|
Notes |
|
2024 |
|
2023 |
£ |
£ |
Fixed assets |
Investments |
2 |
|
1,500,000 |
|
1,500,000 |
|
|
|
1,500,000 |
|
1,500,000 |
Current assets |
Debtors: amounts falling due within one year |
1 |
|
1 |
|
Creditors: amounts falling due within one year |
|
|
34,000 |
|
34,000 |
|
Net current assets |
|
|
1,466,001 |
|
1,466,001 |
|
Total assets less current liabilities |
1,466,001 |
|
1,466,001 |
|
Net assets |
1,466,001 |
|
1,466,001 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
74 |
|
74 |
Share premium account |
7,461,418 |
|
7,461,418 |
Profit and loss account |
(5,995,491) |
|
(5,995,491) |
|
Shareholders' funds |
|
|
1,466,001 |
|
1,466,001 |
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 480 of the Companies Act 2006 relating to dormant companies. |
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. A profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
|
R X Boissevain |
Director |
Approved by the board on 20 September 2024 |
|
Mi-Pac Newco Limited |
Notes to the Accounts |
for the year ended 31 January 2024 |
|
1 |
Accounting policies |
|
The accounts have been prepared under the historical cost convention. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
|
2 |
Investments |
£ |
|
Investments in subsidiary companies: |
|
|
Cost |
|
At 1 February 2023 |
8,609,211 |
|
Additions |
- |
|
Disposals |
- |
|
At 31 January 2024 |
8,609,211 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 February 2023 |
7,109,211 |
|
Provided during the year |
- |
|
On disposals |
- |
|
At 31 January 2024 |
7,109,211 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2024 |
1,500,000 |
|
At 31 January 2023 |
1,500,000 |
|
|
|
|
|
|
|
|
|
|
|
3 |
Other information |
|
|
Mi-Pac Newco Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
The Rear Buffer Depot |
|
Badminton Road |
|
Acton Turville |
|
Badminton |
|
Avon |
|
GL9 1HE |