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Registered number: 11175971
Midland Properties Holding Limited
Financial Statements
For The Year Ended 31 January 2026
APM ACCOUNTANTS LIMITED
Chartered Certified Accountant's & Business Advisers
643 Bearwood Road
Bearwood, Smethwick
Birmingham
West Midlands
B66 4BL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11175971
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,521,425 871,905
1,521,425 871,905
CURRENT ASSETS
Debtors 5 10,369 203,279
Cash at bank and in hand 30,868 14,577
41,237 217,856
Creditors: Amounts Falling Due Within One Year 6 (1,045,863 ) (916,945 )
NET CURRENT ASSETS (LIABILITIES) (1,004,626 ) (699,089 )
TOTAL ASSETS LESS CURRENT LIABILITIES 516,799 172,816
Creditors: Amounts Falling Due After More Than One Year 7 (508,777 ) (159,569 )
NET ASSETS 8,022 13,247
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 3,619 3,619
Profit and Loss Account 4,303 9,528
SHAREHOLDERS' FUNDS 8,022 13,247
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Balwant Nota
Director
31/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Midland Properties Holding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11175971 . The registered office is 265 Bristnall Hall Road, Oldbury, B68 9NF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2
Leasehold 2
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 February 2025 363,977 525,722 889,699
Additions 542,123 138,447 680,570
As at 31 January 2026 906,100 664,169 1,570,269
Depreciation
As at 1 February 2025 7,280 10,514 17,794
Provided during the period 17,976 13,074 31,050
As at 31 January 2026 25,256 23,588 48,844
Net Book Value
As at 31 January 2026 880,844 640,581 1,521,425
As at 1 February 2025 356,697 515,208 871,905
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 3,200 (100 )
Other debtors 7,169 203,379
10,369 203,279
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1 1
Bank loans and overdrafts 8,770 19,236
Amounts owed to participating interests 426,000 271,000
Other creditors 605,074 626,708
Taxation and social security 6,018 -
1,045,863 916,945
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 508,777 159,569
Page 4
Page 5
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 February 2025 3,619 9,528
Loss for the year and total comprehensive income - (5,225 )
As at 31 January 2026 3,619 4,303
Page 5