REGISTERED NUMBER: 10981903 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MI HOMES DEVELOPMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

DIRECTOR:

Mr I McGuinness

REGISTERED OFFICE:

Sycamore House

51A London Road

Harston

Cambridge

CB22 7QJ

REGISTERED NUMBER:

10981903 (England and Wales)

FIXED ASSETS

39,527

52,702

CURRENT ASSETS

435,011

640,453

CREDITORS

Amounts falling due within one year

(296,664

)

(517,894

)

NET CURRENT ASSETS

138,347

122,559

TOTAL ASSETS LESS CURRENT LIABILITIES

177,874

175,261

CAPITAL AND RESERVES

177,874

175,261

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

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

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

£

Mr I McGuinness

Balance outstanding at start of year

(516,963

)

(658,939

)

Amounts advanced

225,268

141,976

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(291,695

)

(516,963

)

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

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

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 16 June 2025 and were signed by:

Mr I McGuinness - Director