REGISTERED NUMBER: 06985782 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Middlebere Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K N Roberts

M S Roberts

REGISTERED OFFICE:

52 Cedar Avenue

Christchurch

Dorset

BH23 2PR

REGISTERED NUMBER:

06985782 (England and Wales)

Fixed assets

Tangible assets

5

78,904

30,006

Current assets

Stocks

6

52,856

87,557

Debtors

7

305,806

64,357

Cash at bank and in hand

115,528

239,429

474,190

391,343

Creditors

Amounts falling due within one year

8

(217,799

)

(159,738

)

Net current assets

256,391

231,605

Total assets less current liabilities

335,295

261,611

Creditors

Amounts falling due after more than one year

9

(70,236

)

(34,201

)

Net assets

265,059

227,410

Capital and reserves

Called up share capital

10

10,000

10,000

Retained earnings

255,059

217,410

Shareholders' funds

265,059

227,410

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 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

K N Roberts - Director

1.	GENERAL INFORMATION

Middlebere 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentational currency is pound sterling.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

GOING CONCERN

The financial statements have been prepared on a going concern basis.

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 ASSETS

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and

installation.

DEPRECIATION

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance basis

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

DEFINED CONTRIBUTION PENSION OBLIGATION

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TRADE DEBTORS

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of tradedebtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised costusing the effective interest method.

SHARE CAPITAL

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

50,537

Additions

100,305

Disposals

(50,537

)

At 31 March 2025

100,305

DEPRECIATION

At 1 April 2024

20,531

Charge for year

21,401

Eliminated on disposal

(20,531

)

At 31 March 2025

21,401

NET BOOK VALUE

At 31 March 2025

78,904

At 31 March 2024

30,006

6.

STOCKS

2025

2024

£

£

Work-in-progress

52,856

87,557

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade receivables

68,894

-

Other loans

1,850

2,500

Wages control account

39

-

Other debtors

58,868

15,172

Directors' current accounts

176,155

46,685

305,806

64,357

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,367

10,114

Hire purchase contracts

16,166

7,982

Corporation tax liability

107,238

80,045

Social security and other tax

73,245

54,282

Other creditors

8,794

1,743

Wages control account

-

3,850

Pension control account

244

-

Accruals and deferred income

1,745

1,722

217,799

159,738

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan 1-2 years

1,298

10,370

Bank loans

2-5 years

-

1,180

Hire purchase contracts

68,938

22,651

70,236

34,201

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

6,000

Ordinary share (A)

1

6,000

6,000

3,000

Ordinary share (B)

1

3,000

3,000

1,000

Ordinary share (C)

1

1,000

1,000

10,000

10,000

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

K N Roberts

Balance outstanding at start of year

46,685

46,685

Amounts advanced

286,401

81,273

Amounts repaid

(156,931

)

(81,273

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

176,155

46,685