REGISTERED NUMBER: 03747346 (England and Wales)

MIDA INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S A Newburn

SECRETARY:

Mrs S L Newburn

REGISTERED OFFICE:

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

REGISTERED NUMBER:

03747346 (England and Wales)

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

4

138,908

136,850

CURRENT ASSETS

Debtors

5

616

4,657

Cash at bank

1,593,009

1,409,665

1,593,625

1,414,322

CREDITORS

Amounts falling due within one year

6

1,309,466

1,145,739

NET CURRENT ASSETS

284,159

268,583

TOTAL ASSETS LESS CURRENT LIABILITIES

423,067

405,433

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

422,966

405,332

SHAREHOLDERS' FUNDS

423,067

405,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2026 and were signed by:

Mr S A Newburn - Director

1.	STATUTORY INFORMATION

MIDA International 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

0.7% to 5% on cost

Office equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Office

property

equipment

Totals

£

£

£

COST

At 1 April 2025

154,864

27,328

182,192

Additions

-

6,295

6,295

At 31 March 2026

154,864

33,623

188,487

DEPRECIATION

At 1 April 2025

20,666

24,676

45,342

Charge for year

2,000

2,237

4,237

At 31 March 2026

22,666

26,913

49,579

NET BOOK VALUE

At 31 March 2026

132,198

6,710

138,908

At 31 March 2025

134,198

2,652

136,850

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

275

4,284

Other debtors

341

373

616

4,657

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

821,184

855,770

Taxation and social security

439,394

244,149

Other creditors

48,888

45,820

1,309,466

1,145,739

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S A Newburn.