Company Registration No. 10732392 (England and Wales)
MIDLAND GENERAL TRADING LTD
Unaudited accounts
for the year ended 31 October 2025
MIDLAND GENERAL TRADING LTD
Unaudited accounts
Contents
MIDLAND GENERAL TRADING LTD
Company Information
for the year ended 31 October 2025
Directors
Wadeea Mohammed Abdo Saeed
Elham Hussein Moqbel Alghouli
Company Number
10732392 (England and Wales)
Registered Office
5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
ENGLAND
Accountants
Mayfield
1st Floor, 5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
MIDLAND GENERAL TRADING LTD
Statement of financial position
as at 31 October 2025
Investment property
2,979,752
2,710,352
Cash at bank and in hand
45,159
26,519
Creditors: amounts falling due within one year
(22,003)
(174,193)
Net current assets/(liabilities)
23,156
(147,674)
Total assets less current liabilities
3,002,908
2,562,678
Creditors: amounts falling due after more than one year
(3,465,505)
(2,997,721)
Net liabilities
(462,597)
(435,043)
Called up share capital
1
1
Profit and loss account
(462,598)
(435,044)
Shareholders' funds
(462,597)
(435,043)
For the year ending 31 October 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 19 October 2026 and were signed on its behalf by
Wadeea Mohammed Abdo Saeed
Director
Company Registration No. 10732392
MIDLAND GENERAL TRADING LTD
Notes to the Accounts
for the year ended 31 October 2025
MIDLAND GENERAL TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 10732392. The registered office is 5 Highgate Business Centre, Highgate Road, Birmingham, B12 8EA, 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.
Turnover represents, total rental income received during the year.
Inventories represents property stock (developed property for sale).
Fair value at 1 November 2024
2,710,352
At 31 October 2025
2,979,752
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,508
125,708
Trade creditors
500
38,175
Taxes and social security
14,995
10,310
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,066,388
983,291
Other creditors
2,399,117
2,014,430
MIDLAND GENERAL TRADING LTD
Notes to the Accounts
for the year ended 31 October 2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).