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REGISTERED NUMBER: 10121239 (England and Wales)















Financial Statements for the Year Ended 30 November 2024

for

Structured Investment Midlands Limited

Structured Investment Midlands Limited (Registered number: 10121239)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Structured Investment Midlands Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr N A Garbett
Mr S Singh Batt





REGISTERED OFFICE: Unit 6 Castle Court
Castlegate Way
Dudley
West Midlands
DY1 4RD





REGISTERED NUMBER: 10121239 (England and Wales)

Structured Investment Midlands Limited (Registered number: 10121239)

Abridged Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 117,194 117,465
Investments 5 100 100
117,294 117,565

CURRENT ASSETS
Debtors 6 704,834 901,619
Cash at bank 241,157 4,375
945,991 905,994
CREDITORS
Amounts falling due within one year 17,849 97,154
NET CURRENT ASSETS 928,142 808,840
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,045,436

926,405

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 1,045,236 926,205
SHAREHOLDERS' FUNDS 1,045,436 926,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Structured Investment Midlands Limited (Registered number: 10121239)

Abridged Balance Sheet - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





Mr S Singh Batt - Director


Structured Investment Midlands Limited (Registered number: 10121239)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Structured Investment Midlands 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.

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 - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Structured Investment Midlands Limited (Registered number: 10121239)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 119,831
DEPRECIATION
At 1 December 2023 2,366
Charge for year 271
At 30 November 2024 2,637
NET BOOK VALUE
At 30 November 2024 117,194
At 30 November 2023 117,465

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 December 2023
and 30 November 2024 100
NET BOOK VALUE
At 30 November 2024 100
At 30 November 2023 100

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Other debtors 143,131 -

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
200 Ordinary £1 200 200

Structured Investment Midlands Limited (Registered number: 10121239)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr N A Garbett
Balance outstanding at start of year 312,248 188,797
Amounts advanced 526 123,451
Amounts repaid (92,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 220,274 312,248

Mr S Singh Batt
Balance outstanding at start of year 109,705 67,146
Amounts advanced 2,138 42,559
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 111,843 109,705

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. POST BALANCE SHEET EVENTS

In January 2025, the company acquired a new investment property for £405,000 plus fees and stamp duty.