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REGISTERED NUMBER: 01779630 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

M.I. (UK) Limited

M.I. (UK) Limited (Registered number: 01779630)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


M.I. (UK) Limited

Company Information
for the Year Ended 5 April 2024







Directors: Mr M W Ingham
Mrs C Ingham





Registered office: Harwood Grange
Stitch Mi Lane
Harwood
Bolton
Lancashire
BL2 4JA





Registered number: 01779630 (England and Wales)





Accountants: Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M.I. (UK) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M.I. (UK) Limited for the year ended 5 April 2024 which comprise the Statement of Income and Retained Earnings, 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 Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of M.I. (UK) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M.I. (UK) Limited and state those matters that we have agreed to state to the Board of Directors of M.I. (UK) 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/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M.I. (UK) 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 M.I. (UK) Limited. You consider that M.I. (UK) 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 financial statements of M.I. (UK) 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.






Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND


18 November 2024

M.I. (UK) Limited (Registered number: 01779630)

Balance Sheet
5 April 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 86 100
Investments 5 105,269 105,269
Investment property 6 219,871 227,442
325,226 332,811

Current assets
Debtors 7 202,351 200,000
Cash at bank 214,388 206,038
416,739 406,038
Creditors
Amounts falling due within one year 8 42,949 29,342
Net current assets 373,790 376,696
Total assets less current liabilities 699,016 709,507

Provisions for liabilities 16 19
Net assets 699,000 709,488

Capital and reserves
Called up share capital 9 100 100
Retained earnings 698,900 709,388
Shareholders' funds 699,000 709,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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.

M.I. (UK) Limited (Registered number: 01779630)

Balance Sheet - continued
5 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





Mrs C Ingham - Director


M.I. (UK) Limited (Registered number: 01779630)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. Statutory information

M.I. (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - straight line over 3 years

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 Statement of Income and Retained Earnings, 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 1 (2023 - 1 ) .

M.I. (UK) Limited (Registered number: 01779630)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 6 April 2023
and 5 April 2024 2,930 1,864 407 5,201
Depreciation
At 6 April 2023 2,882 1,812 407 5,101
Charge for year 7 7 - 14
At 5 April 2024 2,889 1,819 407 5,115
Net book value
At 5 April 2024 41 45 - 86
At 5 April 2023 48 52 - 100

5. Fixed asset investments
Other
investments
£   
Cost
At 6 April 2023
and 5 April 2024 105,269
Net book value
At 5 April 2024 105,269
At 5 April 2023 105,269

6. Investment property
Total
£   
Fair value
At 6 April 2023
and 5 April 2024 380,950
Depreciation
At 6 April 2023 153,508
Charge for year 7,571
At 5 April 2024 161,079
Net book value
At 5 April 2024 219,871
At 5 April 2023 227,442

M.I. (UK) Limited (Registered number: 01779630)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 2,351 -
Other debtors 200,000 200,000
202,351 200,000

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 18,336 2,346
Taxation and social security 21,057 23,447
Other creditors 3,556 3,549
42,949 29,342

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100