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REGISTERED NUMBER: 03747346 (England and Wales)















MIDA INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






MIDA INTERNATIONAL LIMITED (REGISTERED NUMBER: 03747346)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MIDA INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2025







DIRECTOR: Mr S Newburn





SECRETARY: Mrs S L Newburn





REGISTERED OFFICE: College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ





REGISTERED NUMBER: 03747346 (England and Wales)





ACCOUNTANTS: Wallace Crooke
Chartered Accountants
College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

MIDA INTERNATIONAL LIMITED (REGISTERED NUMBER: 03747346)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,850 139,734

CURRENT ASSETS
Debtors 5 4,657 27,018
Cash at bank 1,409,665 1,271,855
1,414,322 1,298,873
CREDITORS
Amounts falling due within one year 6 1,145,739 1,016,576
NET CURRENT ASSETS 268,583 282,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,433

422,031

CAPITAL AND RESERVES
Called up share capital 8 101 101
Retained earnings 405,332 421,930
SHAREHOLDERS' FUNDS 405,433 422,031

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

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

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





Mr S Newburn - Director


MIDA INTERNATIONAL LIMITED (REGISTERED NUMBER: 03747346)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025

1. STATUTORY INFORMATION

MIDA International 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 0.7% to 5% on cost
Office equipment - 25% reducing balance

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 3 (2024 - 3 ) .

MIDA INTERNATIONAL LIMITED (REGISTERED NUMBER: 03747346)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Freehold Office
property equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 154,864 27,328 182,192
DEPRECIATION
At 1 April 2024 18,666 23,792 42,458
Charge for year 2,000 884 2,884
At 31 March 2025 20,666 24,676 45,342
NET BOOK VALUE
At 31 March 2025 134,198 2,652 136,850
At 31 March 2024 136,198 3,536 139,734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 4,284 26,953
Other debtors 373 65
4,657 27,018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 7,668
Trade creditors 855,770 690,465
Taxation and social security 244,149 271,174
Other creditors 45,820 47,269
1,145,739 1,016,576

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans - 7,668

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary Share Capital £1 100 100
1 B Ordinary shares £1 1 1
101 101

MIDA INTERNATIONAL LIMITED (REGISTERED NUMBER: 03747346)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Newburn.