Company Registration No. 04929912 (England and Wales)
SANDWELL MIDCO 3 LIMITED
Unaudited accounts
for the year ended 31 March 2022
SANDWELL MIDCO 3 LIMITED
Unaudited accounts
Contents
SANDWELL MIDCO 3 LIMITED
Company Information
for the year ended 31 March 2022
Directors
Charlotte Sophie Ellen Douglass
Mark William Grinonneau
Dr Simon Francis Murphy
Julian Denzil Sutcliffe
Matthew Graham Hartland
Company Number
04929912 (England and Wales)
Registered Office
9TH FLOOR COBALT SQUARE
83-85 HAGLEY ROAD
BIRMINGHAM
B16 8QG
ENGLAND
SANDWELL MIDCO 3 LIMITED
Statement of financial position
as at
31 March 2022
Called up share capital
1,000
1,000
Shareholders' funds
1,000
1,000
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 4 January 2023 and were signed on its behalf by
Charlotte Sophie Ellen Douglass
Director
Company Registration No. 04929912
SANDWELL MIDCO 3 LIMITED
Notes to the Accounts
for the year ended 31 March 2022
SANDWELL MIDCO 3 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04929912. The registered office is 9TH FLOOR COBALT SQUARE, 83-85 HAGLEY ROAD, BIRMINGHAM, B16 8QG, 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.
Consolidated financial statements have not been prepared for the company and its subsidiaries under the exemption granted by Section 398 of the Companies Act 2006. Accordingly, these financial statements present information about the company and not about its group.
Investments held as fixed assets are stated at cost less provision for any impairment in value.
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Investments
Subsidiary undertakings
Valuation at 1 April 2021
1,000
Valuation at 31 March 2022
1,000
The above investment represents 100% of the ordinary share capital of Sandwell Fundco 3 Limited, a company incorporated in England and Wales. Sandwell Fundco 3 Limited's nature of business is in the provision of accomodation and servicing of medical centres.
The total comprehensive income for the year of the subsidiary amounted to a profit of £139,000 (2021: £100,000). The company has net assets of £112,000 (2021: net assets of £355,000) at 31 March 2022.
The registered office of the subsidiary of the company is the same as the registered office of the company.
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Share capital
2022
2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
SANDWELL MIDCO 3 LIMITED
Notes to the Accounts
for the year ended 31 March 2022
6
Transactions with related parties
The company had no related party transactions during the current or prior year.
The company is a wholly owned subsidiary of Sandwell Estates Partnership Limited, a company registered in England and Wales. As at 31 March 2022, Sandwell Estates Partnership Limited was owned by Primary Plus Holdings Limited (60%) and Community Health Partnerships Limited (40%), which are both registered in England and Wales.
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Average number of employees
During the year the average number of employees was 0 (2021: 0).