BrightAccountsProduction v1.0.0 v1.0.0 2024-10-18 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the buying and selling of own real estate. 14 July 2026 1 NI722693 2025-10-31 NI722693 2024-10-17 NI722693 2024-10-18 2025-10-31 NI722693 uk-bus:PrivateLimitedCompanyLtd 2024-10-18 2025-10-31 NI722693 uk-curr:PoundSterling 2024-10-18 2025-10-31 NI722693 uk-bus:SmallCompaniesRegimeForAccounts 2024-10-18 2025-10-31 NI722693 uk-bus:AbridgedAccounts 2024-10-18 2025-10-31 NI722693 uk-core:ShareCapital 2025-10-31 NI722693 uk-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI722693 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-10-31 NI722693 uk-bus:FRS102 2024-10-18 2025-10-31 NI722693 2024-10-18 2025-10-31 NI722693 uk-bus:Director1 2024-10-18 2025-10-31 NI722693 uk-bus:AuditExempt-NoAccountantsReport 2024-10-18 2025-10-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI722693
 
 
Midar Investments Limited
 
ABRIDGED UNAUDITED FINANCIAL STATEMENTS
 
for the financial period from 18 October 2024 (date of incorporation) to 31 October 2025
MIDAR INVESTMENTS LIMITED
Company Registration Number: NI722693
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 October 2025

Oct 25
Notes £
 
Non-Current Assets
Property, plant and equipment 6 394,618
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Current Assets
Debtors 3,203
Cash and cash equivalents 360,107
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363,310
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Creditors: amounts falling due within one year (740,353)
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Net Current Liabilities (377,043)
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Total Assets less Current Liabilities 17,575
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Capital and Reserves
Called up share capital 100
Retained earnings 17,475
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Shareholders' Funds 17,575
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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).
       
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
       
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial period from 18 October 2024 (date of incorporation) to 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Director and authorised for issue on 14 July 2026
       
       
________________________________      
Mark McGowan      
Director      
       



MIDAR INVESTMENTS LIMITED
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 18 OCTOBER 2024 (DATE OF INCORPORATION) TO 31 OCTOBER 2025

   
1. General Information
 
Midar Investments Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI722693. The registered office of the company is 13A Kilyhole Road, Limavady, Co Derry, BT49 0PU, United Kingdom which is also the principal place of business of the company. The principal activity of the company is the buying and selling of own real estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Income Statement.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 12 month 14 days period from 18 October 2024 (date of incorporation) to 31 October 2025.
   
4. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
5. Employees
 
  Oct 25
  Number
 
Average Number of Employees 1
  ═════════
       
6. Property, plant and equipment
  Investment Total
  properties  
     
  £ £
Cost
At 18 October 2024 - -
Additions 394,618 394,618
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At 31 October 2025 394,618 394,618
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Depreciation
At 18 October 2024 - -
  ───────── ─────────
At 31 October 2025 - -
  ───────── ─────────
Net book value
At 31 October 2025 394,618 394,618
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