Company Registration No. 10781944 (England and Wales)
Middletown Developments Ltd
Unaudited accounts
for the year ended 31 May 2025
Middletown Developments Ltd
Unaudited accounts
Contents
Middletown Developments Ltd
Company Information
for the year ended 31 May 2025
Company Number
10781944 (England and Wales)
Registered Office
CHYNANCE ACCOUNTANCY SERVICES LTD 2 KING
STRET CONSTANTINE
NEWQUAY
CORNWALL
TR7 1GF
ENGLAND
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Middletown Developments Ltd
Statement of financial position
as at 31 May 2025
Investment property
243,826
243,826
Cash at bank and in hand
2,117
3,147
Creditors: amounts falling due within one year
(1,025)
(963)
Net current assets
1,092
2,184
Total assets less current liabilities
244,918
246,010
Creditors: amounts falling due after more than one year
(199,170)
(203,191)
Called up share capital
2
2
Revaluation reserve
40,000
40,000
Profit and loss account
5,746
2,817
Shareholders' funds
45,748
42,819
For the year ending 31 May 2025 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 his 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 2 October 2025 and were signed on its behalf by
Joshua Simpkins
Director
Company Registration No. 10781944
Middletown Developments Ltd
Notes to the Accounts
for the year ended 31 May 2025
Middletown Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10781944. The registered office is CHYNANCE ACCOUNTANCY SERVICES LTD 2 KING, STRET CONSTANTINE, NEWQUAY, CORNWALL, TR7 1GF, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2024
243,826
Investment Property initially purchased for £200,000 was revalued on 25th May 2022 for £240,000. A revaluation reserve of £40,000 has been reflected on the Companies Balance Sheet to reflect the increase in value. The gain will not be accounted for in the Profit & loss account until it realized.
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
687
627
6
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
177,172
177,172
Loans from directors
21,998
26,019
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).