REGISTERED NUMBER: 02980894 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MID CITY FACADES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Woodward

M Woodward

SECRETARY:

M Woodward

REGISTERED OFFICE:

4 Heath Close

Wilden Top

Stourport

Worcestershire

DY13 9JF

REGISTERED NUMBER:

02980894 (England and Wales)

ACCOUNTANTS:

Homer Knott & Co

12A Buttlegate

Downderry

Cornwall

PL11 3NQ

FIXED ASSETS

Tangible assets

4

14,212

18,200

Investments

5

580,970

525,297

595,182

543,497

CURRENT ASSETS

Stocks

46,080

-

Debtors

289,167

490,168

Cash at bank

324,086

527,024

659,333

1,017,192

CREDITORS

Amounts falling due within one year

156,308

312,306

NET CURRENT ASSETS

503,025

704,886

TOTAL ASSETS LESS CURRENT LIABILITIES

1,098,207

1,248,383

PROVISIONS FOR LIABILITIES

-

570

NET ASSETS

1,098,207

1,247,813

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

1,098,204

1,247,810

SHAREHOLDERS' FUNDS

1,098,207

1,247,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement and an abridged Balance Sheet for the year ended 31 December 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 16 September 2025 and were signed on its behalf by:

S Woodward - Director

1.	STATUTORY INFORMATION

Mid City Facades 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

93,423

Additions

750

At 31 December 2024

94,173

DEPRECIATION

At 1 January 2024

75,223

Charge for year

4,738

At 31 December 2024

79,961

NET BOOK VALUE

At 31 December 2024

14,212

At 31 December 2023

18,200

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2024

525,297

Revaluations

49,047

Dividends received

6,626

At 31 December 2024

580,970

NET BOOK VALUE

At 31 December 2024

580,970

At 31 December 2023

525,297

Cost or valuation at 31 December 2024 is represented by:

Totals

£

Valuation in 2018

392,993

Valuation in 2019

58,432

Valuation in 2020

25,229

Valuation in 2021

51,166

Valuation in 2022

(43,558

)

Valuation in 2023

41,035

Valuation in 2024

55,673

580,970

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024

2023

£

£

Cost

425,000

425,000

Fixed asset investments were valued on an open market basis on 31 December 2024 by St. James' Place and Quilter .