1610 (MIDLANDS) LTD

1610 (MIDLANDS) LTD
Statement of Financial Position
As at 31 March 2025

	2025
	£	£
Fixed assets		1,613,001
Current assets	395,508
Creditors: amount falling due within one year	(1,272,439)
Net current assets		(876,931)
Total assets less current liabilities		736,070
Creditors: amount falling due after more than one year		(1,030,307)
Net assets		(294,237)


Capital and reserves		(294,237)

NOTES TO THE ACCOUNTS

General Information

1610 (MIDLANDS) LTD is a private company, limited by shares, registered in England and Wales, registration number 15546798, registration address 45 LEOPOLD STREET, DERBY ENGLAND, DE1 2HF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

18% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 07 March 2024	-	-
Additions	589	589
Disposals	-	-
At 31 March 2025	589	589
Depreciation
At 07 March 2024	-	-
Charge for period	93	93
On disposals	-	-
At 31 March 2025	93	93
Net book values
Closing balance as at 31 March 2025	496	496
Opening balance as at 07 March 2024	-	-

Investments

Cost	Other investments other than loans	Total
	£	£
At 07 March 2024	-	-
Additions	-	-
Transfer to/from tangible fixed assets	277,488	277,488
Disposals	-	-
At 31 March 2025	277,488	277,488

4.	Average number of employees Average number of employees during the period was 3.

For the period ended 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 accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 01 December 2025 and were signed by:

--------------------------------
TRISTRAM James Martin
Director

Registered Number: 15546798
England and Wales
1610 (MIDLANDS) LTD

Abridged Accounts

Period of accounts Start date: 07 March 2024 End date: 31 March 2025