BrightAccountsProduction v1.0.0 v1.0.0 2024-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of a holding Company 10 June 2025 1 1 12928037 2025-01-31 12928037 2024-01-31 12928037 2023-01-31 12928037 2024-02-01 2025-01-31 12928037 2023-02-01 2024-01-31 12928037 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12928037 uk-curr:PoundSterling 2024-02-01 2025-01-31 12928037 uk-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12928037 uk-bus:AbridgedAccounts 2024-02-01 2025-01-31 12928037 uk-core:ShareCapital 2025-01-31 12928037 uk-core:ShareCapital 2024-01-31 12928037 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 12928037 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 12928037 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 12928037 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-01-31 12928037 uk-bus:FRS102 2024-02-01 2025-01-31 12928037 uk-core:LandBuildings 2024-02-01 2025-01-31 12928037 uk-core:CostValuation 2025-01-31 12928037 2024-02-01 2025-01-31 12928037 uk-bus:Director1 2024-02-01 2025-01-31 12928037 uk-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Brook Midas Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 January 2025



Brook Midas Limited
Company Registration Number: 12928037
ABRIDGED BALANCE SHEET
as at 31 January 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 256,306 -
Investments 5 1 1
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Fixed Assets 256,307 1
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Current Assets
Debtors - 400
Cash at bank and in hand 1,121,228 560,641
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1,121,228 561,041
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Creditors: amounts falling due within one year (111,931) (877)
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Net Current Assets 1,009,297 560,164
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Total Assets less Current Liabilities 1,265,604 560,165
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Capital and Reserves
Called up share capital 2 1
Income and expenditure account 1,265,602 560,164
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Shareholders' Funds 1,265,604 560,165
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income and Expenditure Account and Director's Report.
For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 10 June 2025
           
           
________________________________          
Charles Anthony Brook          
Director          
           



Brook Midas Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 January 2025

   
1. General Information
 
Brook Midas Limited  is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 12928037. The registered office of the company is Middle Hills, Doddiscombsleigh, Exeter, EX6 7PX, United Kingdom. The principal activity of the company is that of a holding Company The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 4% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income and Expenditure Account in the financial year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable income for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
       
4. Tangible assets
  Land and Total
  buildings  
  freehold  
  £ £
Cost
At 1 February 2024 - -
Additions 256,306 256,306
  ───────── ─────────
At 31 January 2025 256,306 256,306
  ───────── ─────────
Depreciation
At 1 February 2024 - -
  ───────── ─────────
At 31 January 2025 - -
  ───────── ─────────
Net book value
At 31 January 2025 256,306 256,306
  ═════════ ═════════
       
5. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 January 2025 1 1
  ───────── ─────────
Net book value
At 31 January 2025 1 1
  ═════════ ═════════
At 31 January 2024 1 1
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2025.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.