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REGISTERED NUMBER: 14051709 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

MIAH COMMERCIAL ASSETS LTD

MIAH COMMERCIAL ASSETS LTD (REGISTERED NUMBER: 14051709)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MIAH COMMERCIAL ASSETS LTD

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: K Miah
J Miah





REGISTERED OFFICE: Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA





REGISTERED NUMBER: 14051709 (England and Wales)





ACCOUNTANTS: A & N (Haslemere) Limited
Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA

MIAH COMMERCIAL ASSETS LTD (REGISTERED NUMBER: 14051709)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 645,425 645,425

CURRENT ASSETS
Debtors 4 14,700 -
Cash at bank 6,644 5,794
21,344 5,794
CREDITORS
Amounts falling due within one year 5 351,828 329,683
NET CURRENT LIABILITIES (330,484 ) (323,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,941

321,536

CREDITORS
Amounts falling due after more than one
year

6

296,575

310,107
NET ASSETS 18,366 11,429

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,266 11,329
SHAREHOLDERS' FUNDS 18,366 11,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

MIAH COMMERCIAL ASSETS LTD (REGISTERED NUMBER: 14051709)

BALANCE SHEET - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





J Miah - Director


MIAH COMMERCIAL ASSETS LTD (REGISTERED NUMBER: 14051709)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. 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.

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 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 balance sheet date.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 645,425
NET BOOK VALUE
At 30 April 2024 645,425
At 30 April 2023 645,425

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed by group undertakings 14,700 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 34,810 34,810
Amounts owed to group undertakings 38,435 -
Taxation and social security 1,627 2,658
Other creditors 276,956 292,215
351,828 329,683

MIAH COMMERCIAL ASSETS LTD (REGISTERED NUMBER: 14051709)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 296,575 310,107

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 122,528 136,059

7. ULTIMATE CONTROLLING PARTY

The controlling party is J Miah.

Mr J Miah is a shareholder in the Parent Company - Miah Family Holdings Ltd.