Company Registration No. 05760639 (England and Wales)
Midland Stainless Developments Limited
Unaudited accounts
for the year ended 31 March 2025
Midland Stainless Developments Limited
Unaudited accounts
Contents
Midland Stainless Developments Limited
Company Information
for the year ended 31 March 2025
Directors
Peter Paul Januszewski
Adrian Michael Christopher Bowles
Secretary
Peter Paul Januszewski
Company Number
05760639 (England and Wales)
Registered Office
Unit 10d Sawley Park
Nottingham Road
Derby
DE21 6AS
England
Midland Stainless Developments Limited
Statement of financial position
as at 31 March 2025
Tangible assets
178,905
182,362
Cash at bank and in hand
3,851
11,509
Creditors: amounts falling due within one year
(50,201)
(54,876)
Net current liabilities
(23,773)
(22,506)
Total assets less current liabilities
155,132
159,856
Creditors: amounts falling due after more than one year
-
(389)
Provisions for liabilities
Deferred tax
(1,097)
(1,207)
Net assets
154,035
158,260
Called up share capital
2
2
Revaluation reserve
59,586
59,586
Profit and loss account
94,447
98,672
Shareholders' funds
154,035
158,260
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by
Peter Paul Januszewski
Director
Company Registration No. 05760639
Midland Stainless Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Midland Stainless Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 05760639. The registered office is Unit 10d Sawley Park, Nottingham Road, Derby, DE21 6AS, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
194,881
67,955
20,969
10,048
293,853
Additions
-
430
-
1,158
1,588
Disposals
-
-
-
(1,513)
(1,513)
At 31 March 2025
194,881
68,385
20,969
9,693
293,928
At 1 April 2024
19,901
65,799
18,280
7,511
111,491
Charge for the year
2,620
654
672
876
4,822
On disposals
-
-
-
(1,290)
(1,290)
At 31 March 2025
22,521
66,453
18,952
7,097
115,023
At 31 March 2025
172,360
1,932
2,017
2,596
178,905
At 31 March 2024
174,980
2,156
2,689
2,537
182,362
Midland Stainless Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
19,440
13,046
Accrued income and prepayments
410
227
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
834
9,984
Taxes and social security
21,503
28,800
Other creditors
3,847
6,537
Loans from directors
778
8,574
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).