1 January 2024 false No description of principal activity Taxfiler 2024.6 true 11101897business:PrivateLimitedCompanyLtd2024-01-012024-12-31 111018972023-12-31 11101897business:EntityNoLongerTradingButTradedInPast2024-01-012024-12-31 111018972024-01-012024-12-31 11101897business:AuditExemptWithAccountantsReport2024-01-012024-12-31 11101897business:FilletedAccounts2024-01-012024-12-31 111018972024-12-31 11101897business:Director12024-01-012024-12-31 11101897business:RegisteredOffice2024-01-012024-12-31 111018972023-12-31 11101897core:WithinOneYear2024-12-31 11101897core:WithinOneYear2023-12-31 11101897core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 11101897core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11101897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 11101897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11101897core:PreviouslyStatedAmount2024-12-31 11101897core:PreviouslyStatedAmount2023-12-31 11101897business:SmallEntities2024-01-012024-12-31 11101897countries:EnglandWales2024-01-012024-12-31 11101897core:FurnitureFittings2024-01-012024-12-31 11101897core:FurnitureFittings2023-12-31 11101897core:FurnitureFittings2024-12-31 111018972023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11101897 (England and Wales)
MIDDLE PLANE MAGAZINE LIMITED Unaudited accounts for the year ended 31 December 2024
MIDDLE PLANE MAGAZINE LIMITED Company Information for the year ended 31 December 2024
Director
Roni Monhait
Company Number
11101897 (England and Wales)
Registered Office
12 Carlton House Terrace London SW1Y 5AH
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
- 2 -
MIDDLE PLANE MAGAZINE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,796 
2,288 
Current assets
Inventories
30,366 
30,164 
Debtors
4,749 
18,781 
Cash at bank and in hand
2,231 
11,862 
37,346 
60,807 
Creditors: amounts falling due within one year
(382,177)
(270,153)
Net current liabilities
(344,831)
(209,346)
Net liabilities
(343,035)
(207,058)
Capital and reserves
Called up share capital
10,100 
10,100 
Profit and loss account
(353,135)
(217,158)
Shareholders' funds
(343,035)
(207,058)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2025 and were signed on its behalf by
Roni Monhait Director Company Registration No. 11101897
- 3 -
MIDDLE PLANE MAGAZINE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MIDDLE PLANE MAGAZINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11101897. The registered office is 12 Carlton House Terrace, London, SW1Y 5AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 year straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Going concern
The company is dependant upon the continued financial support of its director in order to continue to trade. As the director has expressed their willingness to support the company, then the going concern basis of preparing the accounts is considered to be appropriate.
- 4 -
MIDDLE PLANE MAGAZINE LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,460 
At 31 December 2024
2,460 
Depreciation
At 1 January 2024
172 
Charge for the year
492 
At 31 December 2024
664 
Net book value
At 31 December 2024
1,796 
At 31 December 2023
2,288 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,035 
2,708 
Trade debtors
- 
13,950 
Accrued income and prepayments
1,714 
1,623 
Other debtors
- 
500 
4,749 
18,781 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,392 
13,596 
Taxes and social security
45 
45 
Loans from directors
380,740 
256,512 
382,177 
270,153 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 5 -