Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-052024-04-05falsetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-04-0622Other Accomodation 04503510 2023-04-06 2024-04-05 04503510 2022-04-06 2023-04-05 04503510 2024-04-05 04503510 2023-04-05 04503510 c:Director1 2023-04-06 2024-04-05 04503510 d:FreeholdInvestmentProperty 2024-04-05 04503510 d:FreeholdInvestmentProperty 2023-04-05 04503510 d:CurrentFinancialInstruments 2024-04-05 04503510 d:CurrentFinancialInstruments 2023-04-05 04503510 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 04503510 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 04503510 d:ShareCapital 2024-04-05 04503510 d:ShareCapital 2023-04-05 04503510 d:RetainedEarningsAccumulatedLosses 2024-04-05 04503510 d:RetainedEarningsAccumulatedLosses 2023-04-05 04503510 c:OrdinaryShareClass1 2023-04-06 2024-04-05 04503510 c:OrdinaryShareClass1 2024-04-05 04503510 c:OrdinaryShareClass1 2023-04-05 04503510 c:FRS102 2023-04-06 2024-04-05 04503510 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 04503510 c:FullAccounts 2023-04-06 2024-04-05 04503510 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 04503510 e:PoundSterling 2023-04-06 2024-04-05 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04503510














MIDDLESEX ESTATES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

 
MIDDLESEX ESTATES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
MIDDLESEX ESTATES LIMITED
REGISTERED NUMBER:04503510

STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
386,882
386,882

Current assets
  

Cash at bank and in hand
  
24,451
1,904

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(143,280)
(137,671)

Net current liabilities
  
 
 
(118,829)
 
 
(135,767)

Net assets
  
268,053
251,115


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
267,953
251,015

  
268,053
251,115


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 on 26 March 2025.



S R Khan
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MIDDLESEX ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

Middlesex Estates Limited is a private limited company incorporated in England and Wales with its registered office address at 9 Pebworth Road, Harrow, Middlesex, HA1 3UB.
The principal activity of the Company is of property investment.
The Company's functional and presentational currency is £ Sterling. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day-to-day working capital requirements through the financial support of the shareholders. The directors believes that it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue in operational existence with the continued support of the shareholder.

 
2.3

Turnover

Turnover comprises rents receivable excluding Value Added Tax. 
Rental income is recognised in the period to which it relates. Rental income received in advance is carried forward as deferred income. 

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 2

 
MIDDLESEX ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short term creditors are measured at the transaction price.


3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Investment property


Freehold investment property

£



Cost


At 6 April 2023
386,882



At 5 April 2024
386,882

In the opinion of the directors the open market value for existing use of the investment property is the same as cost.




5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,100

Corporation tax
5,086
4,025

Other creditors
135,374
129,256

Accruals and deferred income
2,820
2,290

143,280
137,671


Page 3

 
MIDDLESEX ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 4