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COMPANY REGISTRATION NUMBER: 10990284
Midas Portal Limited
Filleted Unaudited Financial Statements
31 March 2025
Midas Portal Limited
Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Midas Portal Limited
Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Midas Portal Limited for the year ended 31 March 2025, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the director of Midas Portal Limited in accordance with the terms of our engagement letter dated 1 April 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Midas Portal Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Midas Portal Limited and its director for our work or for this report.
It is your duty to ensure that Midas Portal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Midas Portal Limited. You consider that Midas Portal Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Midas Portal Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
TURPIN BARKER ARMSTRONG Chartered Certified Accountants
Allen House 1 Westmead Road Sutton Surrey SM1 4LA
21 August 2025
Midas Portal Limited
Statement of Financial Position
31 March 2025
2025
2024
£
£
£
Fixed assets
100,592
100,338
---------
---------
Current assets
80,865
57,141
Prepayments and accrued income
30,759
18,511
---------
--------
111,624
75,652
Creditors: amounts falling due within one year
154,700
147,442
---------
---------
Net current liabilities
( 43,076)
( 71,790)
--------
--------
Total assets less current liabilities
57,516
28,548
Creditors: amounts falling due after more than one year
40,421
Accruals and deferred income
2,375
2,160
--------
--------
14,720
26,388
--------
--------
Capital and reserves
14,720
26,388
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
2. Director's advances, credits and guarantees
At no point during the year did advances/credits to the Director's Loan Account result in an overdrawn position.
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.
Director's 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 director acknowledges her 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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 19 August 2025 , and are signed on behalf of the board by:
Ms Millen
Director
Company registration number: 10990284
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Allen House, 1 Westmead Road, Sutton, Surrey, SM1 4LA.