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MINT PROPERTIES (LONDON) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






MINT PROPERTIES (LONDON) LIMITED (REGISTERED NUMBER: 05145356)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MINT PROPERTIES (LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: V Vaghela





REGISTERED OFFICE: 222 Uppingham Avenue
Stanmore
Middlesex
HA7 2 JS





REGISTERED NUMBER: 05145356





ACCOUNTANTS: Vinney Ross & Co Ltd
Greenhill House, Suite B
184 Station Road
Harrow
Middlesex
HA1 2RH

MINT PROPERTIES (LONDON) LIMITED (REGISTERED NUMBER: 05145356)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 729,873 729,873

CURRENT ASSETS
Cash in hand 2,617 335

CREDITORS
Amounts falling due within one year 5 367,928 419,370
NET CURRENT LIABILITIES (365,311 ) (419,035 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,562

310,838

CREDITORS
Amounts falling due after more
than one year

6

201,406

173,759
NET ASSETS 163,156 137,079

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 163,056 136,979
SHAREHOLDERS' FUNDS 163,156 137,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MINT PROPERTIES (LONDON) LIMITED (REGISTERED NUMBER: 05145356)

BALANCE SHEET - continued
30 JUNE 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 28 July 2023 and were signed by:





V Vaghela - Director


MINT PROPERTIES (LONDON) LIMITED (REGISTERED NUMBER: 05145356)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

MINT PROPERTIES (LONDON) LIMITED is a private company, limited by shares , registered in Not specified/Other. 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.

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 year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

MINT PROPERTIES (LONDON) LIMITED (REGISTERED NUMBER: 05145356)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 729,873
NET BOOK VALUE
At 30 June 2023 729,873
At 30 June 2022 729,873

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (1 ) 599
Taxation and social security 6,117 3,118
Other creditors 361,812 415,653
367,928 419,370

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 151,406 173,759
Other creditors 50,000 -
201,406 173,759

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 151,406 173,759