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Company Registration No. 04094365 (England and Wales)
Mirage Developments Limited Unaudited accounts for the year ended 31 October 2023
Mirage Developments Limited Unaudited accounts Contents
Page
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Mirage Developments Limited Company Information for the year ended 31 October 2023
Director
Sonia Kaur
Secretary
Sonia Kaur
Company Number
04094365 (England and Wales)
Registered Office
PO Box 6154 Slough SL1 0ED
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Mirage Developments Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,244 
1,554 
Investment property
5,031,137 
5,031,137 
5,040,381 
5,032,691 
Current assets
Inventories
86,784 
6,864 
Debtors
797,163 
813,236 
Cash at bank and in hand
166,974 
1,071,979 
1,050,921 
1,892,079 
Creditors: amounts falling due within one year
(2,179,578)
(2,917,180)
Net current liabilities
(1,128,657)
(1,025,101)
Net assets
3,911,724 
4,007,590 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,911,722 
4,007,588 
Shareholders' funds
3,911,724 
4,007,590 
For the year ending 31 October 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 her 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 31 July 2024 and were signed on its behalf by
Sonia Kaur Director Company Registration No. 04094365
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Mirage Developments Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Mirage Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 04094365. The registered office is PO Box 6154, Slough, SL1 0ED.
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:
Plant & machinery
20% straight line basis
Motor vehicles
20% written down value basis
Computer equipment
20% written down value basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
33,000 
- 
1,818 
34,818 
Additions
- 
10,001 
- 
10,001 
At 31 October 2023
33,000 
10,001 
1,818 
44,819 
Depreciation
At 1 November 2022
33,000 
- 
264 
33,264 
Charge for the year
- 
2,000 
311 
2,311 
At 31 October 2023
33,000 
2,000 
575 
35,575 
Net book value
At 31 October 2023
- 
8,001 
1,243 
9,244 
At 31 October 2022
- 
- 
1,554 
1,554 
5
Investment property
2023 
£ 
Fair value at 1 November 2022
5,031,137 
At 31 October 2023
5,031,137 
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Mirage Developments Limited Notes to the Accounts for the year ended 31 October 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,573 
Trade debtors
797,163 
811,663 
797,163 
813,236 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,000,000 
2,000,000 
VAT
7,727 
- 
Trade creditors
2,620 
25,467 
Taxes and social security
166,962 
307,965 
Other creditors
- 
100,000 
Loans from directors
108 
481,191 
Accruals
2,161 
2,557 
2,179,578 
2,917,180 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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