1 April 2022 false Taxfiler 2023.14 10277574business:PrivateLimitedCompanyLtd2022-04-012023-03-31 102775742022-03-31 102775742022-04-012023-03-31 10277574business:AuditExemptWithAccountantsReport2022-04-012023-03-31 10277574business:FilletedAccounts2022-04-012023-03-31 102775742023-03-31 10277574business:Director12022-04-012023-03-31 10277574business:RegisteredOffice2022-04-012023-03-31 102775742022-03-31 10277574core:WithinOneYear2023-03-31 10277574core:WithinOneYear2022-03-31 10277574core:AfterOneYear2023-03-31 10277574core:AfterOneYear2022-03-31 10277574core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10277574core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 10277574core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10277574core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 10277574core:PreviouslyStatedAmount2023-03-31 10277574core:PreviouslyStatedAmount2022-03-31 10277574business:SmallEntities2022-04-012023-03-31 10277574countries:EnglandWales2022-04-012023-03-31 10277574core:LandBuildings2022-04-012023-03-31 10277574core:LandBuildings2022-03-31 10277574core:LandBuildings2023-03-31 102775742021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10277574 (England and Wales)
Miz Developments Limited Unaudited accounts for the year ended 31 March 2023
Miz Developments Limited Unaudited accounts Contents
Page
- 2 -
Miz Developments Limited Company Information for the year ended 31 March 2023
Director
Nissim Levy
Company Number
10277574 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Miz Developments Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Miz Developments Limited for the year ended 31 March 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Miz Developments Limited, as a body, in accordance with the terms of our engagement letter dated 28 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of Miz Developments Limited and state those matters that we have agreed to state to the Board of Directors of Miz Developments Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Miz Developments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Miz Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Miz Developments Limited. You consider that Miz Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Miz Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross EN8 7AN 30 January 2024
- 4 -
Miz Developments Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,854,502 
Current assets
Debtors
16,679 
- 
Creditors: amounts falling due within one year
(5,202)
(2,040)
Net current assets/(liabilities)
11,477 
(2,040)
Total assets less current liabilities
11,477 
1,852,462 
Creditors: amounts falling due after more than one year
- 
(2,208,024)
Net assets/(liabilities)
11,477 
(355,562)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
11,177 
(355,862)
Shareholders' funds
11,477 
(355,562)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 January 2024 and were signed on its behalf by
Nissim Levy Director Company Registration No. 10277574
- 5 -
Miz Developments Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Miz Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 10277574. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation is provided on the company's freehold properties
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,854,502 
Additions
66,406 
Disposals
(1,920,908)
At 31 March 2023
- 
Depreciation
At 31 March 2023
- 
Net book value
At 31 March 2023
- 
At 31 March 2022
1,854,502 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
16,679 
- 
- 6 -
Miz Developments Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,080 
960 
Taxes and social security
2,622 
- 
Accruals
1,500 
1,080 
5,202 
2,040 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
2,208,024 
8
Transactions with related parties
Lyntrex Limited is interested in 100% of the company's issued share capital.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 7 -