Registered number: 4055721 | ||||||||
FOR THE YEAR ENDED 05/04/2025 | ||||||||
Prepared By: | ||||||||
CES Accountants | ||||||||
Certified Public Accountants | ||||||||
27 Milldale Crescent | ||||||||
Wolverhampton | ||||||||
West Midlands | ||||||||
WV10 6LP |
Midlands Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 05/04/2025 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
West Midlands | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 4055721 | ||||||||
ACCOUNTANTS | ||||||||
CES Accountants | ||||||||
Certified Public Accountants | ||||||||
27 Milldale Crescent | ||||||||
Wolverhampton | ||||||||
West Midlands | ||||||||
WV10 6LP |
Midlands Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED05/04/2025 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Midlands Properties Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2025 | 2024 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
71,416 | 336,129 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (3,033,012) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 466,470 | 403,238 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Midlands Properties Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 05/04/2025 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | % |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. EMPLOYEES | ||||||
2025 | 2024 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Midlands Properties Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
At 06/04/2024 | 3,557 | 3,557 | ||
At 05/04/2025 | 3,557 | 3,557 | ||
Depreciation | ||||
At 06/04/2024 | 3,357 | 3,357 | ||
For the year | 30 | 30 | ||
At 05/04/2025 | 3,387 | 3,387 | ||
Net Book Amounts | ||||
At 05/04/2025 | 170 | |||
At 05/04/2024 | 200 | |||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 06/04/2024 | 3,436,150 | 3,436,150 | ||
Additions | 2,550,000 | 2,550,000 | ||
At 05/04/2025 | 5,986,150 | 5,986,150 | ||
5. DEBTORS | 2025 | 2024 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | - | 224,124 | ||||||
- | 224,124 | |||||||
Midlands Properties Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2025 | 2024 | |||||||
£ | £ | |||||||
UK corporation tax | 17,704 | 28,696 | ||||||
VAT | 17,531 | - | ||||||
Directors current account | 2,286,129 | 2,106,977 | ||||||
Bank Loan | 1,848,699 | - | ||||||
Loans | 1,357,635 | 1,000,000 | ||||||
Loans | - | 170,000 | ||||||
Trade creditors | 62,268 | 62,268 | ||||||
Accruals | 1,200 | 1,200 | ||||||
5,591,166 | 3,369,141 | |||||||
7. SHARE CAPITAL | 2025 | 2024 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||