IRIS Accounts Production v24.1.0.576 02916947 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029169472023-04-30029169472024-04-30029169472023-05-012024-04-30029169472022-04-30029169472022-05-012023-04-30029169472023-04-3002916947ns15:EnglandWales2023-05-012024-04-3002916947ns14:PoundSterling2023-05-012024-04-3002916947ns10:Director12023-05-012024-04-3002916947ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3002916947ns10:SmallEntities2023-05-012024-04-3002916947ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3002916947ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3002916947ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3002916947ns10:FullAccounts2023-05-012024-04-3002916947ns10:Director22023-05-012024-04-3002916947ns10:Director32023-05-012024-04-3002916947ns10:Director42023-05-012024-04-3002916947ns10:CompanySecretary12023-05-012024-04-3002916947ns10:RegisteredOffice2023-05-012024-04-3002916947ns5:CurrentFinancialInstruments2024-04-3002916947ns5:CurrentFinancialInstruments2023-04-3002916947ns5:Non-currentFinancialInstruments2024-04-3002916947ns5:Non-currentFinancialInstruments2023-04-3002916947ns5:ShareCapital2024-04-3002916947ns5:ShareCapital2023-04-3002916947ns5:RetainedEarningsAccumulatedLosses2024-04-3002916947ns5:RetainedEarningsAccumulatedLosses2023-04-3002916947ns5:PlantMachinery2023-05-012024-04-3002916947ns5:FurnitureFittings2023-05-012024-04-3002916947ns5:MotorVehicles2023-05-012024-04-3002916947ns5:ComputerEquipment2023-05-012024-04-3002916947ns5:PlantMachinery2023-04-3002916947ns5:FurnitureFittings2023-04-3002916947ns5:MotorVehicles2023-04-3002916947ns5:ComputerEquipment2023-04-3002916947ns5:PlantMachinery2024-04-3002916947ns5:FurnitureFittings2024-04-3002916947ns5:MotorVehicles2024-04-3002916947ns5:ComputerEquipment2024-04-3002916947ns5:PlantMachinery2023-04-3002916947ns5:FurnitureFittings2023-04-3002916947ns5:MotorVehicles2023-04-3002916947ns5:ComputerEquipment2023-04-3002916947ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3002916947ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3002916947ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3002916947ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3002916947ns5:CostValuation2023-04-3002916947ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3002916947ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30029169471ns10:Director12023-04-30029169471ns10:Director12022-04-30029169471ns10:Director12023-05-012024-04-30029169471ns10:Director12022-05-012023-04-30029169471ns10:Director12024-04-30029169471ns10:Director12023-04-30
REGISTERED NUMBER: 02916947 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Middlemarch Construction Limited

Middlemarch Construction Limited (Registered number: 02916947)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Middlemarch Construction Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: A M Shimwell
Mrs A Shimwell
R Morgan
Mrs V Morgan





SECRETARY: A M Shimwell





REGISTERED OFFICE: Chapel Orchard
2B Daventry Road
Kilsby
Rugby
Warwickshire
CV23 8XF





REGISTERED NUMBER: 02916947 (England and Wales)





ACCOUNTANTS: Silvester Parker Limited
The Spinney
Beausale
Warwick
Warwickshire
CV35 7NU

Middlemarch Construction Limited (Registered number: 02916947)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,450 47,069
Investments 5 10,000 10,000
52,450 57,069

CURRENT ASSETS
Stocks 170,078 371,197
Debtors 6 42,519 16,640
Cash at bank and in hand 107,302 53,068
319,899 440,905
CREDITORS
Amounts falling due within one year 7 176,256 287,006
NET CURRENT ASSETS 143,643 153,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

196,093

210,968

CREDITORS
Amounts falling due after more than one year 8 (34,354 ) (50,083 )

PROVISIONS FOR LIABILITIES (7,993 ) (8,854 )
NET ASSETS 153,746 152,031

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 153,742 152,027
SHAREHOLDERS' FUNDS 153,746 152,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Middlemarch Construction Limited (Registered number: 02916947)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





A M Shimwell - Director


Middlemarch Construction Limited (Registered number: 02916947)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Middlemarch Construction Limited is a private company, limited by shares , registered in England and Wales. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Middlemarch Construction Limited (Registered number: 02916947)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 24,576 595 101,157 4,394 130,722
Additions - - 7,500 - 7,500
Disposals (24,576 ) - (6,250 ) - (30,826 )
At 30 April 2024 - 595 102,407 4,394 107,396
DEPRECIATION
At 1 May 2023 24,514 595 54,150 4,394 83,653
Charge for year - - 11,859 - 11,859
Eliminated on disposal (30,566 ) - - - (30,566 )
At 30 April 2024 (6,052 ) 595 66,009 4,394 64,946
NET BOOK VALUE
At 30 April 2024 6,052 - 36,398 - 42,450
At 30 April 2023 62 - 47,007 - 47,069

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 60,907
DEPRECIATION
At 1 May 2023 15,669
Charge for year 11,420
At 30 April 2024 27,089
NET BOOK VALUE
At 30 April 2024 33,818
At 30 April 2023 45,238

Middlemarch Construction Limited (Registered number: 02916947)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 10,000
NET BOOK VALUE
At 30 April 2024 10,000
At 30 April 2023 10,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 3,243 1,311
Amounts owed by group undertakings 51 -
Other debtors 39,225 15,329
42,519 16,640

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 8,600 8,600
Trade creditors 28,778 58,328
Taxation and social security 27,928 6,943
Other creditors 100,950 203,135
176,256 287,006

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 10,833 20,833
Hire purchase contracts 23,521 29,250
34,354 50,083

Middlemarch Construction Limited (Registered number: 02916947)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
A M Shimwell
Balance outstanding at start of year (91,175 ) (91,175 )
Amounts advanced 120,502 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,327 (91,175 )

Interest has been charged on the average overdrawn loan balance using the HMRC approved rate.

10. RELATED PARTY DISCLOSURES

Other debtors includes a loan balance of £51 (2023: £11,056 creditor balance ) with MMC Builders Limited which is a limited company wholly owned by Mr and Mrs Shimwell. During the year the company has carried out work for MMC Builders Limited.

During the year the company has carried out construction work for Yew Tree Hall Developments Limited and Clifton Old Hall Developments Limited. The shareholders of Middlemarch Construction Limited have an interest in both of these companies.

During the year the company has carried out work for Mr and Mrs Shimwell personally.