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Registered Number: 10459102
England and Wales

 

 

 

MIRAGE PROPERTIES LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
Directors Farid Rashid
Hina Rashid
Registered Number 10459102
Registered Office 36 Mitcham Lane
London
SW16 6NW
Accountants ASK ACCOUNTANTS UK LTD
178
Merton High Street
London
SW19 1AY
1
  2023   2022
    £ £   £ £
Fixed assets   862,500      862,500 
Current assets 3,521      483,497   
Creditors: amount falling due within one year (48,819)     (48,381)  
Net current liabilities   (45,298)     435,116 
Total assets less current liabilities   817,202      1,297,616 
Creditors: amount falling due after more than one year   (770,725)     (1,245,000)
Net assets   46,477      52,616 
 

         
Capital and reserves   46,477      52,616 
 
NOTES TO THE ACCOUNTS

General Information
MIRAGE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10459102, registration address 36 Mitcham Lane, London, SW16 6NW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 12 December 2023 and were signed on its behalf by:


--------------------------------
Farid Rashid
Director
2