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REGISTERED NUMBER: 07662853 (England and Wales)















THE MALTINGS (INVESTMENTS) LIMITED

Unaudited Financial Statements

for the Year Ended 30 June 2024






THE MALTINGS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 07662853)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE MALTINGS (INVESTMENTS) LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: W G Oram





SECRETARY: P G Hannah





REGISTERED OFFICE: The Maltings
East Tyndall Street
CARDIFF
CF24 5EZ





REGISTERED NUMBER: 07662853 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

THE MALTINGS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 07662853)

Balance Sheet
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 5 5

CURRENT ASSETS
Debtors 5 769,827 4

CREDITORS
Amounts falling due within one year 6 (218 ) (5 )
NET CURRENT ASSETS/(LIABILITIES) 769,609 (1 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

769,614

4

CREDITORS
Amounts falling due after more than one
year

7

(769,823

)

-
NET (LIABILITIES)/ASSETS (209 ) 4

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (213 ) -
SHAREHOLDERS' FUNDS (209 ) 4

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

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

The director acknowledges his 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





W G Oram - Director


THE MALTINGS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 07662853)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

The Maltings (Investments) 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from the Financial Reporting Standard 102 1A.

Going concern
As at 30 June 2024 there were net liabilities of £209. The director considers the going concern basis adopted for these financial statements to be appropriate, based upon available continued support.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about The Maltings (Investments) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 5
NET BOOK VALUE
At 30 June 2024 5
At 30 June 2023 5

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 769,823 -
Called up share capital not paid 4 4
769,827 4

THE MALTINGS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 07662853)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 218 5

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Preference shares 769,823 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 769,823 -

On 21 March 2024, 769,823 Cumulative redeemable preference shares, nominal value £1, were issued. The holders of these shares have a right to receive a fixed cumulative preferential dividend at a rate of 0.1% per annum. The preferential dividend shall be cumulative and shall be payable on 30 June each year commencing 30 June 2024. If on the relevant payment date the company cannot pay the preferential dividend then such dividends shall become a debt to the holders payable forthwith.

The perpetual preference shares are redeemable. On this basis, the shares have been classified as a liability.

8. RELATED PARTY DISCLOSURES

At 30 June 2024 the following related party loan balance existed:

30.06.2430.06.23
£   £   
Other related parties
Debtors: Amounts falling due within one year (Group balance)769,823-

No interest has been charged on the above loan.