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Company No: 11623536 (England and Wales)

MIA HOLDINGS (NOTTS) LTD

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

MIA HOLDINGS (NOTTS) LTD

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

MIA HOLDINGS (NOTTS) LTD

COMPANY INFORMATION

For the financial year ended 31 December 2024
MIA HOLDINGS (NOTTS) LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTORS J V Ely
P J Ely
REGISTERED OFFICE Birkland Farm Birkland Lane
South Clifton
Newark
NG23 7BQ
United Kingdom
COMPANY NUMBER 11623536 (England and Wales)
ACCOUNTANT Duncan & Toplis Limited
14 London Road
Newark
NG24 1TW
MIA HOLDINGS (NOTTS) LTD

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
MIA HOLDINGS (NOTTS) LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 3,000,000 3,000,000
3,000,000 3,000,000
Current assets
Debtors 4 652,156 556,350
Investments 5 1,879,815 2,183,377
Cash at bank and in hand 1,708,798 1,046,504
4,240,769 3,786,231
Creditors: amounts falling due within one year 6 ( 864,221) ( 833,454)
Net current assets 3,376,548 2,952,777
Total assets less current liabilities 6,376,548 5,952,777
Net assets 6,376,548 5,952,777
Capital and reserves
Called-up share capital 7 1,000 1,000
Revaluation reserve 599,708 397,110
Other reserves 2,999,000 2,999,000
Profit and loss account 2,776,840 2,555,667
Total shareholders' funds 6,376,548 5,952,777

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Mia Holdings (Notts) Ltd (registered number: 11623536) were approved and authorised for issue by the Board of Directors on 26 March 2025. They were signed on its behalf by:

P J Ely
Director
MIA HOLDINGS (NOTTS) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
MIA HOLDINGS (NOTTS) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Mia Holdings (Notts) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Birkland Farm Birkland Lane, South Clifton, Newark, NG23 7BQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 3,000,000 3,000,000

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 3,000,000
At 31 December 2024 3,000,000
Carrying value at 31 December 2024 3,000,000
Carrying value at 31 December 2023 3,000,000

4. Debtors

2024 2023
£ £
Other debtors 652,156 556,350

5. Current asset investments

2024 2023
£ £
Unlisted investments 1,879,815 2,183,377

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings (note 8) 814,267 792,117
Taxation and social security 48,224 40,302
Other creditors 1,730 1,035
864,221 833,454

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1,000 A ordinary shares of £ 1.00 each 1,000 1,000

8. Related party transactions

The Company has availed of the exemption provided in FRS 102 Section 33 Related Party Disclosures not to disclose transactions entered into with wholly owned subsidiaries that are wholly owned within the group of companies.

Transactions with the entity’s directors (or members of its governing body)

Amounts owed by directors

2024 2023
£ £
P Ely and J Ely 95,806 0