ACCOUNTS - Final Accounts preparation

Company registration number: 09474092

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	MIDLOTHIAN CAPITAL PARTNERS LIMITED


MIDLOTHIAN CAPITAL PARTNERS LIMITED

COMPANY INFORMATION

Directors	A Bracey
	N A Currie
	A C B Clegg


Registered number	09474092


Registered office	Blackmoor Farm
	Ockham Lane
	Cobham
	Surrey
	KT11 1LZ


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


MIDLOTHIAN CAPITAL PARTNERS LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


MIDLOTHIAN CAPITAL PARTNERS LIMITED REGISTERED NUMBER:09474092

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	9,247		11,004
Cash at bank and in hand		14,711		21,636
		23,958		32,640
Creditors: amounts falling due within one year	5	(24,907)		(20,290)
Net current (liabilities)/assets			(949)		12,350
Total assets less current liabilities			(949)		12,350

Net (liabilities)/assets			(949)		12,350

Capital and reserves
Called up share capital	30	30
Profit and loss account	(979)	12,320
	(949)	12,350

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MIDLOTHIAN CAPITAL PARTNERS LIMITED REGISTERED NUMBER:09474092

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

___________________________

A C B Clegg

Director

Date: 23 December 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2


MIDLOTHIAN CAPITAL PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Midlothian Capital Partners 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The directors have undertaken to continue their financial support of the company for the foreseeable future. On this basis they believe it is appropriate to prepare these accounts on a going concern basis.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

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MIDLOTHIAN CAPITAL PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

Debtors

					2025	2024
					£	£


Other debtors	8,246	5,510
Prepayments and accrued income	-	5,494
Tax recoverable	1,001	-
	9,247	11,004

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	1,001	-
Other creditors	22,106	19,140
Accruals and deferred income	1,800	1,150
	24,907	20,290

6.	Transactions with directors

At the reporting date one of the directors owed £2,966 (2024: £2,966) to the company. The balance can be found within debtors and no interest is being charged on this.

7.	Related party transactions
	At the reporting date the company owed £5,542 (2024: £5,542) to the directors. The balance can be found within creditors due within one year and no interest is being charged on this.

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