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REGISTERED NUMBER: 11340555 (England and Wales)















MIDLANDS INSULATION SOLUTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






MIDLANDS INSULATION SOLUTIONS LIMITED (REGISTERED NUMBER: 11340555)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MIDLANDS INSULATION SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: Mr. N J Milton





REGISTERED OFFICE: 109 Lawnswood Avenue
Burntwood
Staffordshire
WS7 4YL





REGISTERED NUMBER: 11340555 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

MIDLANDS INSULATION SOLUTIONS LIMITED (REGISTERED NUMBER: 11340555)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,204 -

CURRENT ASSETS
Debtors 5 204,383 179,695

CREDITORS
Amounts falling due within one year 6 190,984 178,677
NET CURRENT ASSETS 13,399 1,018
TOTAL ASSETS LESS CURRENT LIABILITIES 14,603 1,018

CREDITORS
Amounts falling due after more than one year 7 14,117 -
NET ASSETS 486 1,018

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 386 918
SHAREHOLDERS' FUNDS 486 1,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th May 2025 and were signed by:





Mr. N J Milton - Director


MIDLANDS INSULATION SOLUTIONS LIMITED (REGISTERED NUMBER: 11340555)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Midlands Insulation Solutions 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% straight line on cost
Computer equipment - 25% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 708 897 1,605
At 31st March 2025 708 897 1,605
DEPRECIATION
Charge for year 177 224 401
At 31st March 2025 177 224 401
NET BOOK VALUE
At 31st March 2025 531 673 1,204

MIDLANDS INSULATION SOLUTIONS LIMITED (REGISTERED NUMBER: 11340555)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 108,579 98,606
Other debtors 95,804 81,089
204,383 179,695

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 39,006 63,189
Trade creditors 77,483 60,823
Taxation and social security 16,757 18,415
Other creditors 57,738 36,250
190,984 178,677

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 14,117 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The advances to the director were repaid in full within 9 months of the year end.