1 July 2023 false No description of principal activity Taxfiler 2024.6 12681781business:PrivateLimitedCompanyLtd2023-07-012024-06-30 126817812023-06-30 126817812023-07-012024-06-30 12681781business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 12681781business:FilletedAccounts2023-07-012024-06-30 126817812024-06-30 12681781business:Director12023-07-012024-06-30 12681781business:Director22023-07-012024-06-30 12681781business:RegisteredOffice2023-07-012024-06-30 126817812023-06-30 12681781core:WithinOneYear2024-06-30 12681781core:WithinOneYear2023-06-30 12681781core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 12681781core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12681781core:PreviouslyStatedAmount2024-06-30 12681781core:PreviouslyStatedAmount2023-06-30 12681781business:SmallEntities2023-07-012024-06-30 12681781countries:EnglandWales2023-07-012024-06-30 12681781core:ComputerEquipment2023-07-012024-06-30 12681781core:MotorVehicles2023-06-30 12681781core:MotorVehicles2023-07-012024-06-30 12681781core:MotorVehicles2024-06-30 126817812022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12681781 (England and Wales)
MID IMP LTD Unaudited accounts for the year ended 30 June 2024
MID IMP LTD Unaudited accounts Contents
Page
- 2 -
MID IMP LTD Company Information for the year ended 30 June 2024
Directors
J C Hallam N J Hallam
Company Number
12681781 (England and Wales)
Registered Office
46 ELTHAM ROAD WEST BRIDGFORD NOTTS, NOTTINGHAM NG2 5JN ENGLAND
- 3 -
MID IMP LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,062 
- 
Current assets
Inventories
58,725 
55,648 
Debtors
5,500 
9,447 
Cash at bank and in hand
21,533 
25,060 
85,758 
90,155 
Creditors: amounts falling due within one year
(81,813)
(79,285)
Net current assets
3,945 
10,870 
Total assets less current liabilities
8,007 
10,870 
Provisions for liabilities
Deferred tax
(772)
- 
Net assets
7,235 
10,870 
Capital and reserves
Profit and loss account
7,235 
10,870 
Shareholders' funds
7,235 
10,870 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
J C Hallam Director Company Registration No. 12681781
- 4 -
MID IMP LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
MID IMP LTD is a private company, limited by shares, registered in England and Wales, registration number 12681781. The registered office is 46 ELTHAM ROAD, WEST BRIDGFORD, NOTTS, NOTTINGHAM, NG2 5JN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2023
- 
Additions
5,417 
At 30 June 2024
5,417 
Depreciation
Charge for the year
1,355 
At 30 June 2024
1,355 
Net book value
At 30 June 2024
4,062 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,947 
Amounts due from group undertakings etc.
5,500 
7,500 
5,500 
9,447 
- 5 -
MID IMP LTD Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
24,916 
23,825 
Trade creditors
14,281 
14,281 
Taxes and social security
9,161 
6,805 
Loans from directors
28,702 
34,374 
Deferred income
4,753 
- 
81,813 
79,285 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 6 -