Company Registration No. 08925808 (England and Wales)
MIDLAND PROPERTY ESTATES LIMITED
Unaudited accounts
for the year ended 31 March 2025
MIDLAND PROPERTY ESTATES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
654,050
635,000
Cash at bank and in hand
26,185
191
Creditors: amounts falling due within one year
(392,158)
(397,019)
Net current liabilities
(365,973)
(396,828)
Total assets less current liabilities
288,077
238,172
Creditors: amounts falling due after more than one year
(49,739)
(34,206)
Net assets
238,338
203,966
Called up share capital
1
1
Revaluation reserve
33,851
30,231
Profit and loss account
204,486
173,734
Shareholders' funds
238,338
203,966
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 December 2025 and were signed on its behalf by
Ayaz Mahmood
Director
Company Registration No. 08925808
MIDLAND PROPERTY ESTATES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MIDLAND PROPERTY ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08925808. The registered office is 308-314 EASTFIELD ROAD, PETERBOROUGH, CAMBRIDGESHIRE, PE1 4RA.
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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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).