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REGISTERED NUMBER: 00765240 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MISRIMUNA INVESTMENTS LIMITED

MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MISRIMUNA INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTOR: R M Plummer





SECRETARY: R M Plummer





REGISTERED OFFICE: One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB





REGISTERED NUMBER: 00765240 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,800,002 2,800,003

CURRENT ASSETS
Debtors 6 24,606 26,237
Cash at bank 134,630 131,425
159,236 157,662
CREDITORS
Amounts falling due within one year 7 3,600 36,540
NET CURRENT ASSETS 155,636 121,122
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,955,638

2,921,125

PROVISIONS FOR LIABILITIES 602,305 612,475
NET ASSETS 2,353,333 2,308,650

CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 2,146,625 2,146,625
Retained earnings 206,706 162,023
SHAREHOLDERS' FUNDS 2,353,333 2,308,650

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)

BALANCE SHEET - continued
30 June 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 director and authorised for issue on 12 March 2025 and were signed by:





R M Plummer - Director


MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Misrimuna Investments 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income in respect of the investment properties.


Tangible fixed assets
Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

Depreciation is provided at the following annual rates in order to write off the cost of each asset over its
estimated useful life.

Garden equipment - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance

Repairs and maintenance costs are charged to the Income Statement in the period in which they are incurred.

Any gains and losses on the disposal of tangible fixed assets are recognised in the Income Statement in the year that the disposal takes place.

Freehold property is shown at fair value, with changes in fair value shown in the revaluation reserve. A market valuation was carried out by the director in 2017.

No depreciation has been provided on any freehold buildings during the year. The company follows a programme of maintenance of its properties, which includes the reinstatement of the fabric of the buildings, where necessary, in order to maintain them to a high standard. Accordingly, in the opinion of the directors, any element of depreciation would be immaterial and no provision has been made.


MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

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 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.

Investment properties
Investment properties are included in the balance sheet at cost in the year of purchase, and are revalued annually to open market value and the aggregate surplus or deficit is transferred to revaluation reserve. No depreciation is provided in respect of freehold investment properties or on leasehold investment properties where the unexpired lease term exceeds 20 years. This constitutes a departure from the statutory rules requiring fixed assets to be depreciated over their useful economical lives and is necessary to enable the financial statements to give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Garden and
property equipment fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 2,800,000 425 5,980 2,806,405
DEPRECIATION
At 1 July 2023 - 425 5,977 6,402
Charge for year - - 1 1
At 30 June 2024 - 425 5,978 6,403
NET BOOK VALUE
At 30 June 2024 2,800,000 - 2 2,800,002
At 30 June 2023 2,800,000 - 3 2,800,003

MISRIMUNA INVESTMENTS LIMITED (REGISTERED NUMBER: 00765240)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

5. TANGIBLE FIXED ASSETS - continued

The freehold investment property is included at open market value made by the director. On an historical cost basis the freehold investment property would have been included at £40,900 (2019 £40,900).

Cost or valuation at 30 June 2024 is represented by:

Fixtures
Freehold Garden and
property equipment fittings Totals
£    £    £    £   
Valuation in 2017 2,800,000 - - 2,800,000
Cost - 425 5,980 6,405
2,800,000 425 5,980 2,806,405

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,270 24,480
Other debtors 746 746
Prepayments 18,590 1,011
24,606 26,237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 3,600 36,540

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 2,146,625

10. RELATED PARTY DISCLOSURES

At the year end, a balance was owed to the Company, by an associated company under common
control, amounted to £746 (2023 - £746). No interest has been charged on this balance.