0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14789314 2024-04-01 2025-03-31 14789314 2025-03-31 14789314 2024-03-31 14789314 2023-04-01 2024-03-31 14789314 2024-03-31 14789314 2023-03-31 14789314 bus:RegisteredOffice 2024-04-01 2025-03-31 14789314 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 14789314 bus:Director1 2024-04-01 2025-03-31 14789314 bus:CompanySecretary1 2024-04-01 2025-03-31 14789314 core:FurnitureFittingsToolsEquipment 2025-03-31 14789314 core:ShareCapital 2023-04-01 2024-03-31 14789314 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 14789314 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 14789314 core:WithinOneYear 2025-03-31 14789314 core:WithinOneYear 2024-03-31 14789314 core:ShareCapital 2025-03-31 14789314 core:ShareCapital 2024-03-31 14789314 core:RetainedEarningsAccumulatedLosses 2025-03-31 14789314 core:RetainedEarningsAccumulatedLosses 2024-03-31 14789314 core:PreviouslyStatedAmount core:ShareCapital 2025-03-31 14789314 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 14789314 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 14789314 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 14789314 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2025-03-31 14789314 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 14789314 core:Non-currentFinancialInstruments 2025-03-31 14789314 core:Non-currentFinancialInstruments 2024-03-31 14789314 bus:SmallEntities 2024-04-01 2025-03-31 14789314 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14789314 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14789314 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14789314 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 14789314
Middleleaze Ventures Ltd
Unaudited filleted financial statements
31 March 2025
Middleleaze Ventures Ltd
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Middleleaze Ventures Ltd
Directors and other information
Directors The Hon. A. G. Henderson
Secretary Mrs A J Henderson
Company number 14789314
Registered office 2 Tolherst Court
Turkey Mill Business Park Ashford Road
Maidstone
Kent
ME14 5SF
Accountants Couch Bright King & Co
2 Tolherst Court
Turkey Mill Business Park Ashford Road
Maidstone
Kent
ME14 5SF
Middleleaze Ventures Ltd
Statement of financial position
31 March 2025
31/03/25 31/03/24
Note £ £ £ £
Fixed assets
Tangible assets 4 1,016 -
Investments 5 769,920 430,396
_______ _______
770,936 430,396
Current assets
Cash at bank and in hand 31,896 15,128
_______ _______
31,896 15,128
Creditors: amounts falling due
within one year 6 ( 956,382) ( 496,006)
_______ _______
Net current liabilities ( 924,486) ( 480,878)
_______ _______
Total assets less current liabilities ( 153,550) ( 50,482)
_______ _______
Net liabilities ( 153,550) ( 50,482)
_______ _______
Capital and reserves
Called up share capital 1,206 1,206
Profit and loss account ( 154,756) ( 51,688)
_______ _______
Shareholders deficit ( 153,550) ( 50,482)
_______ _______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 20 June 2025 , and are signed on behalf of the board by:
The Hon. A. G. Henderson
Director
Company registration number: 14789314
Middleleaze Ventures Ltd
Statement of changes in equity
Year ended 31 March 2025
Called up share capital Profit and loss account Total
£ £ £
At 10 April 2023 - - -
Loss for the year ( 51,688) ( 51,688)
_______ _______ _______
Total comprehensive income for the year - ( 51,688) ( 51,688)
Issue of shares 1,206 1,206
_______ _______ _______
Total investments by and distributions to owners 1,206 - 1,206
_______ _______ _______
At 31 March 2024 and 1 April 2024 1,206 ( 51,688) ( 50,482)
Loss for the year ( 103,068) ( 103,068)
_______ _______ _______
Total comprehensive income for the year - ( 103,068) ( 103,068)
_______ _______ _______
At 31 March 2025 1,206 ( 154,756) ( 153,550)
_______ _______ _______
Middleleaze Ventures Ltd
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England in the United Kingdom. The address of the registered office is 2 Tolherst Court, Turkey Mill Business Park Ashford Road, Maidstone, Kent, ME14 5SF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets .
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 April 2024 - -
Additions 1,524 1,524
_______ _______
At 31 March 2025 1,524 1,524
_______ _______
Depreciation
At 1 April 2024 - -
Charge for the year 508 508
_______ _______
At 31 March 2025 508 508
_______ _______
Carrying amount
At 31 March 2025 1,016 1,016
_______ _______
At 31 March 2024 - -
_______ _______
5. Investments
Other investments other than loans Total
£ £
Cost
At 1 April 2024 430,396 430,396
Additions 718,639 718,639
Disposals ( 260,502) ( 260,502)
Fair value adjustment (118,613) (118,613)
_______ _______
At 31 March 2025 769,920 769,920
_______ _______
Impairment
At 1 April 2024 and 31 March 2025 - -
_______ _______
Carrying amount
At 31 March 2025 769,920 769,920
_______ _______
At 31 March 2024 430,396 430,396
_______ _______
6. Creditors: amounts falling due within one year
31/03/25 31/03/24
£ £
Corporation tax 6,567 4,749
Other creditors 949,815 491,257
_______ _______
956,382 496,006
_______ _______
7. Financial instruments
The carrying amount for each category of financial instrument is as follows:
31/03/25 31/03/24
£ £
Financial assets measured at fair value through profit or loss
Listed investments 705,051 430,396
_______ _______