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REGISTERED NUMBER: 08291924 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

MIRIA CA CORPORATE LIMITED

MIRIA CA CORPORATE LIMITED (REGISTERED NUMBER: 08291924)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MIRIA CA CORPORATE LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A Buonfiglio
G Capanna
L Catarci





REGISTERED OFFICE: Nations House 9th Floor
103 Wigmore Street
London
W1U 1QS





REGISTERED NUMBER: 08291924 (England and Wales)





ACCOUNTANTS: A.C.T. London Limited
27 Hill Street
Mayfair, London
W1J 5LP

MIRIA CA CORPORATE LIMITED (REGISTERED NUMBER: 08291924)

Statement of Financial Position
31 DECEMBER 2023

31.12.23 31.12.22
Notes £ £
FIXED ASSETS
Investments 5 159,294 140,372

CURRENT ASSETS
Debtors 6 237,277 434,977
Cash at bank 52,215 2,343
289,492 437,320
CREDITORS
Amounts falling due within one year 7 (5,795 ) (4,926 )
NET CURRENT ASSETS 283,697 432,394
TOTAL ASSETS LESS CURRENT LIABILITIES 442,991 572,766


CAPITAL AND RESERVES
Called up share capital 180,000 180,000
Retained earnings 262,991 392,766
SHAREHOLDERS' FUNDS 442,991 572,766
442,991 572,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





A Buonfiglio - Director


MIRIA CA CORPORATE LIMITED (REGISTERED NUMBER: 08291924)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

The company is a private company limited by share, registered in England and Wales. The address of the registered office and place of business address is Nations House, 9th Floor,103 Wigmore Street, London W1U 1QS, UK.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with section 1A of FRS 102 , 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable.

Turnover represents investment income and is recognised when the right to receive the payment is established to the extent that the economic benefits will flow to the Company, and that the investment income can be reliably measured.

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value often future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


MIRIA CA CORPORATE LIMITED (REGISTERED NUMBER: 08291924)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 January 2023 140,372
Reclassification/transfer 18,922
At 31 December 2023 159,294
NET BOOK VALUE
At 31 December 2023 159,294
At 31 December 2022 140,372

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Amounts owed by group undertakings 237,277 434,977

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade creditors - 1
Corporation tax 125 125
Accruals and deferred income 5,670 4,800
5,795 4,926

MIRIA CA CORPORATE LIMITED (REGISTERED NUMBER: 08291924)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption from providing certain related party transaction disclosures as mentioned in the accounting policy.

During the year, the company entered into transactions with its subsidiary, Miria Capital Advisors LLP and balances outstanding balances as at the year-end are as follows:

2023 2022
£ £
Investment Income:
Profit/(Loss) share attributable from the LLP (123,737) (20,027)

Amounts owed from/to Group undertakings (Note 6/7):
Allocated Profit share from the LLP 237,277 434,977

9. PARENT UNDERTAKING AND CONTROLLING PARTY

The immediate parent of the company is Miria Luxembourg S.A, a company registered in 47, Grand Rue, L-1661, Luxembourg.

The ultimate parent is Miria Group S.A, a company registered in Luxembourg.

The controlling party is considered to be Miria Group S.A.