REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 August 2022 to 31 May 2023 |
for |
MINIA ESTATES LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 August 2022 to 31 May 2023 |
for |
MINIA ESTATES LTD |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Contents of the Financial Statements |
for the Period 1 August 2022 to 31 May 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MINIA ESTATES LTD |
Company Information |
for the Period 1 August 2022 to 31 May 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
42 Lytton Road |
Barnet |
Hertfordshire |
EN5 5BY |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Balance Sheet |
31 May 2023 |
31.5.23 | 31.7.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Balance Sheet - continued |
31 May 2023 |
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 and authorised for issue on |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Notes to the Financial Statements |
for the Period 1 August 2022 to 31 May 2023 |
1. | STATUTORY INFORMATION |
Minia Estates Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Fixtures and fittings | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 May 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 August 2022 |
and 31 May 2023 |
DEPRECIATION |
At 1 August 2022 |
Charge for period |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 31 July 2022 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 August 2022 |
and 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 31 July 2022 |
6. | CURRENT ASSET INVESTMENTS |
31.5.23 | 31.7.22 |
£ | £ |
Unlisted investments | 1 | 1 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.5.23 | 31.7.22 |
£ | £ |
Other loans (see note 9) |
Amounts owed to group undertakings |
Tax |
Directors' current accounts | 2,784 | 1,797 |
Accruals and deferred income |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.5.23 | 31.7.22 |
£ | £ |
Other loans (see note 9) |
MINIA ESTATES LTD (REGISTERED NUMBER: 13389968) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 May 2023 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
31.5.23 | 31.7.22 |
£ | £ |
Amounts falling due in more than five years: |
Repayable by instalments |
Other loans more 5yrs instal | 180,902 | 172,506 |
9. | LOANS |
An analysis of the maturity of loans is given below: |
31.5.23 | 31.7.22 |
£ | £ |
Amounts falling due within one year or on demand: |
Other loans |
Amounts falling due between one and two years: |
Other loans - 1-2 years | 15,142 |
Amounts falling due between two and five years: |
Other loans - 2-5 years |
Amounts falling due in more than five years: |
Repayable by instalments |
Other loans more 5yrs instal | 180,902 | 172,506 |
10. | RELATED PARTY DISCLOSURES |
As at the balance sheet date, included in creditors due within one year is an amount of £2,784 (2022: £1,797) due and payable to the directors. The amount is interest free and repayable on demand. |