Midland Assured Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05648697 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

MIDLAND ASSURED HOLDINGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Midland Assured Estates Limited

Mrs S L Shannon

REGISTERED OFFICE:

5 Olympus Court

Olympus Avenue

Tachbrook Park

Warwick

Warwickshire

CV34 6RZ

REGISTERED NUMBER:

05648697 (England and Wales)

BANKERS:

Barclays Bank PLC

15 Colmore Row

Birmingham

FIXED ASSETS

Investments

3

10,026,038

9,997,113

CURRENT ASSETS

Debtors

4

-

Cash at bank

3,344

1,719

3,348

1,719

CREDITORS

Amounts falling due within one year

1,627

27,986

NET CURRENT ASSETS/(LIABILITIES)

1,721

(26,267

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,027,759

9,970,846

CREDITORS

Amounts falling due after more than one year

7,698,167

7,750,638

NET ASSETS

2,329,592

2,220,208

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

2,329,589

2,220,205

SHAREHOLDERS' FUNDS

2,329,592

2,220,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 6 August 2018 and were signed on its behalf by:

Midland Assured Estates Limited - Director

1.	STATUTORY INFORMATION

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

The principal accounting policies adopted in the preparation of the financial statements are set out below and

have remained unchanged from the previous year.

Preparation of consolidated financial statements

The financial statements contain information about Midland Assured Holdings Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company is exempt under

Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently,

financial instruments are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the income statement.

3.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2017

9,997,113

Additions

28,925

At 31 March 2018

10,026,038

NET BOOK VALUE

At 31 March 2018

10,026,038

At 31 March 2017

9,997,113