Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30truefalsefalse2023-05-013No description of principal activity3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06882407 2023-05-01 2024-04-30 06882407 2022-05-01 2023-04-30 06882407 2024-04-30 06882407 2023-04-30 06882407 c:Director1 2023-05-01 2024-04-30 06882407 d:CurrentFinancialInstruments 2024-04-30 06882407 d:CurrentFinancialInstruments 2023-04-30 06882407 d:CurrentFinancialInstruments 4 2024-04-30 06882407 d:CurrentFinancialInstruments 4 2023-04-30 06882407 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 06882407 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 06882407 d:ShareCapital 2024-04-30 06882407 d:ShareCapital 2023-04-30 06882407 c:FRS102 2023-05-01 2024-04-30 06882407 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06882407 c:FullAccounts 2023-05-01 2024-04-30 06882407 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 06882407










PROLOGIS PARK MIDPOINT 2 MANAGEMENT COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
PROLOGIS PARK MIDPOINT 2 MANAGEMENT COMPANY LIMITED
REGISTERED NUMBER: 06882407

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
81,446
3,010

Cash at bank and in hand
  
54,713
87,345

  
136,159
90,355

Creditors: amounts falling due within one year
 5 
(135,905)
(90,101)

Net current assets
  
 
 
254
 
 
254

Total assets less current liabilities
  
254
254

  

Net assets
  
254
254


Capital and reserves
  

Called up share capital 
  
254
254

  
254
254


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N D M Smith
Director

Date: 16 January 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
PROLOGIS PARK MIDPOINT 2 MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Prologis Park Midpoint 2 Management Company Limited is a limited liability company incorporated and domiciled in England. The registered office is Prologis House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH.
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 30 April 2024 (2023: year ended 30 April 2023).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Service charge income

Service charge income represents maintenance, management and administration costs recoverable from owners or occupiers of units on the site, exclusive of Value Added Tax. Amounts are charged quarterly on account and any surplus or deficit are refunded or recharged to the relevant parties.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023: 3).

Page 2

 
PROLOGIS PARK MIDPOINT 2 MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Debtors

2024
2023
£
£


Service charge arrears
-
(14,527)

Other debtors
622
5,147

Prepayments
80,824
12,390

81,446
3,010



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
36,762
27,168

Other taxation and social security
10,415
-

Other creditors
49,111
50,182

Accruals
20,067
12,751

Service charges invoiced in advance
19,550
-

135,905
90,101


Page 3