MIDDLE GROUND THEATRE COMPANY LTD.

Company Registration Number:
05536307 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

MIDDLE GROUND THEATRE COMPANY LTD.

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

MIDDLE GROUND THEATRE COMPANY LTD.

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,000 2,000
Tangible assets: 4 0 424
Total fixed assets: 1,000 2,424
Current assets
Debtors:   131,122 99,069
Cash at bank and in hand: 208,971 388,994
Total current assets: 340,093 488,063
Creditors: amounts falling due within one year:   (37,257) (55,222)
Net current assets (liabilities): 302,836 432,841
Total assets less current liabilities: 303,836 435,265
Total net assets (liabilities): 303,836 435,265
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 303,736 435,165
Shareholders funds: 303,836 435,265

The notes form part of these financial statements

MIDDLE GROUND THEATRE COMPANY LTD.

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 February 2025
and signed on behalf of the board by:

Name: MICHAEL LUNNEY
Status: Director

The notes form part of these financial statements

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 20,000
At 31 August 2024 20,000
Amortisation
At 01 September 2023 18,000
Charge for year 1,000
At 31 August 2024 19,000
Net book value
At 31 August 2024 1,000
At 31 August 2023 2,000

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 3,354
At 31 August 2024 3,354
Depreciation
At 01 September 2023 2,930
Charge for year 424
At 31 August 2024 3,354
Net book value
At 31 August 2024 0
At 31 August 2023 424

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Financial commitments

The total future minimum lease payments under non-cancellable operating leases are as follows: Later than 1 year and not later than 5 years 2024 £13332 2023 £17903

MIDDLE GROUND THEATRE COMPANY LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Loans to directors

Name of director receiving advance or credit: MICHAEL LUNNEY
Description of the loan: General advances against royalties
£
Balance at 01 September 2023 25,908
Advances or credits made: 21,229
Advances or credits repaid: 6,807
Balance at 31 August 2024 40,330
Name of director receiving advance or credit: LYNETTE WEBSTER
Description of the loan: Advance against salary
£
Balance at 01 September 2023 0
Advances or credits made: 1,116
Balance at 31 August 2024 1,116