Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-302024-01-302trueOther letting and operating of own or leased real estate2023-02-01falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11147265 2023-02-01 2024-01-30 11147265 2022-02-01 2023-01-31 11147265 2024-01-30 11147265 2023-01-31 11147265 c:Director1 2023-02-01 2024-01-30 11147265 d:CurrentFinancialInstruments 2024-01-30 11147265 d:CurrentFinancialInstruments 2023-01-31 11147265 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-30 11147265 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11147265 d:ShareCapital 2024-01-30 11147265 d:ShareCapital 2023-01-31 11147265 d:RetainedEarningsAccumulatedLosses 2024-01-30 11147265 d:RetainedEarningsAccumulatedLosses 2023-01-31 11147265 c:FRS102 2023-02-01 2024-01-30 11147265 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-30 11147265 c:FullAccounts 2023-02-01 2024-01-30 11147265 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-30 11147265 e:PoundSterling 2023-02-01 2024-01-30 iso4217:GBP xbrli:pure

Registered number: 11147265









MILLER AND VINCENT PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JANUARY 2024

 
MILLER AND VINCENT PROPERTIES LIMITED
 
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MILLER AND VINCENT PROPERTIES LIMITED
FOR THE PERIOD ENDED 30 JANUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Miller and Vincent Properties Limited for the period ended 30 January 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of Directors of Miller and Vincent Properties Limited, as a body, in accordance with the terms of our engagement letter dated 15 October 2024Our work has been undertaken solely to prepare for your approval the financial statements of Miller and Vincent Properties Limited and state those matters that we have agreed to state to the Board of Directors of Miller and Vincent Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Miller and Vincent Properties Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Miller and Vincent Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Miller and Vincent Properties Limited. You consider that Miller and Vincent Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Miller and Vincent Properties 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 financial statements.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP

23 October 2024
Page 1

 
MILLER AND VINCENT PROPERTIES LIMITED
REGISTERED NUMBER: 11147265

BALANCE SHEET
AS AT 30 JANUARY 2024

30 January
31 January
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
6,888
3,673

Cash at bank and in hand
 4 
3,864
9,350

  
10,752
13,023

Creditors: amounts falling due within one year
 5 
(8,218)
(10,688)

Net current assets
  
 
 
2,534
 
 
2,335

Total assets less current liabilities
  
2,534
2,335

  

Net assets
  
2,534
2,335


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,434
2,235

  
2,534
2,335

Page 2

 
MILLER AND VINCENT PROPERTIES LIMITED
REGISTERED NUMBER: 11147265
    
BALANCE SHEET (CONTINUED)
AS AT 30 JANUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 October 2024.




Sanchia Simone Miller
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
MILLER AND VINCENT PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2024

1.


General information

Miller and Vincent Properties Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration of 11147265. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, England, B16 8SP. The principal activity of the company in the year under review was that of other letting and operating of own or leased real estate.

The financial statements are presented in sterling which is functional currency of the company and
rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the
company will continue to receive support from creditors and the director as and when required.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 4

 
MILLER AND VINCENT PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Debtors

30 January
31 January
2024
2023
£
£


Other debtors
1,888
3,673

Prepayments and accrued income
5,000
-

6,888
3,673



4.


Cash and cash equivalents

30 January
31 January
2024
2023
£
£

Cash at bank and in hand
3,864
9,350

3,864
9,350


Page 5

 
MILLER AND VINCENT PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2024

5.


Creditors: Amounts falling due within one year

30 January
31 January
2024
2023
£
£

Other loans
1,511
2,000

Corporation tax
47
504

Other taxation and social security
793
800

Other creditors
5,867
5,014

Accruals and deferred income
-
2,370

8,218
10,688



6.


Related party transactions

Sanchia Miller is a director and shareholder of the company.

During the period the director provided loans of £1,031 to the compnay. As at the balance sheet date, the Company owed the director £3,940 (2023: £2,909) which is shown in Other creditors due within one year.

The above balance is payable on demand and therefore there are no significant differences between the
value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.


Tanisha Vincent is a director and shareholder of the company.

During the period the director provided loans of £946 to the company. As at the balance sheet date, the company owed
the director £1,926 (2023: £980) which is shown in Other creditors due within one year.

The above balance is payable on demand and therefore there are no significant differences between the
value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.


7.


Controlling party

During the year, the company was under the control of its directors. 
 
Page 6