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REGISTERED NUMBER: 10465471 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

MIH PROPERTY MANAGEMENT LIMITED

MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MIH PROPERTY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Ms S J Fisher





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 10465471 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 76,014 15,946

CURRENT ASSETS
Debtors 5 62,015 40,746
Cash at bank and in hand 250,845 185,997
312,860 226,743
CREDITORS
Amounts falling due within one year 6 (139,155 ) (98,782 )
NET CURRENT ASSETS 173,705 127,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,719

143,907

CREDITORS
Amounts falling due after more than one
year

7

(67,986

)

(31,786

)

PROVISIONS FOR LIABILITIES 9 (19,004 ) -
NET ASSETS 162,729 112,121

CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Retained earnings 160,729 110,121
SHAREHOLDERS' FUNDS 162,729 112,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

BALANCE SHEET - continued
31 MARCH 2023


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 26 October 2023 and were signed by:





Ms S J Fisher - Director


MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

MIH Property Management 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Fixtures and fittings- 25% on reducing balance
Computer equipment- 25% on reducing balance
Motor Vehicle - 25% on reducing balance

Government grants
Grants are recognised over the period in which the associated costs are incurred

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 16 ) .

MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 5,958 - 37,491 43,449
Additions - 63,344 6,494 69,838
At 31 March 2023 5,958 63,344 43,985 113,287
DEPRECIATION
At 1 April 2022 3,726 - 23,777 27,503
Charge for year 558 5,279 3,933 9,770
At 31 March 2023 4,284 5,279 27,710 37,273
NET BOOK VALUE
At 31 March 2023 1,674 58,065 16,275 76,014
At 31 March 2022 2,232 - 13,714 15,946

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 43,624 17,607
Other debtors 18,391 23,139
62,015 40,746

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 8) 10,179 -
Trade creditors 17,105 26,271
Taxation and social security 85,050 54,496
Other creditors 16,821 8,015
139,155 98,782

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 22,355 31,786
Hire purchase contracts (see note 8) 45,631 -
67,986 31,786

MIH PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 10465471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.23 31.3.22
£    £   
Net obligations repayable:
Within one year 10,179 -
Between one and five years 45,631 -
55,810 -

9. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 19,004 -

Deferred
tax
£   
Provided during year 19,004
Balance at 31 March 2023 19,004

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
2,000 Ordinary £1 2,000 2,000