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REGISTERED NUMBER: 11017075 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

MINNIE B LIMITED

MINNIE B LIMITED (REGISTERED NUMBER: 11017075)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST OCTOBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MINNIE B LIMITED

COMPANY INFORMATION
for the Year Ended 31ST OCTOBER 2024







DIRECTOR: J Beswick





REGISTERED OFFICE: 13 Lodge Street
Ramsbottom
Bury
BL0 9AW





REGISTERED NUMBER: 11017075 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

MINNIE B LIMITED (REGISTERED NUMBER: 11017075)

ABRIDGED BALANCE SHEET
31ST OCTOBER 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,303,094 1,989,396

CURRENT ASSETS
Debtors 58,374 56,583
Cash at bank 17,581 44,610
75,955 101,193
CREDITORS
Amounts falling due within one year 1,828,724 1,621,355
NET CURRENT LIABILITIES (1,752,769 ) (1,520,162 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

550,325

469,234

PROVISIONS FOR LIABILITIES 5 71,475 71,475
NET ASSETS 478,850 397,759

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 6 214,426 214,426
Retained earnings 264,423 183,332
478,850 397,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

MINNIE B LIMITED (REGISTERED NUMBER: 11017075)

ABRIDGED BALANCE SHEET - continued
31ST OCTOBER 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 25th July 2025 and were signed by:





J Beswick - Director


MINNIE B LIMITED (REGISTERED NUMBER: 11017075)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST OCTOBER 2024

1. STATUTORY INFORMATION

Minnie B 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.

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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is initially recognised at cost and subsequently stated at fair value. 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 ) .

MINNIE B LIMITED (REGISTERED NUMBER: 11017075)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST OCTOBER 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2023 1,989,396
Additions 313,698
At 31st October 2024 2,303,094
NET BOOK VALUE
At 31st October 2024 2,303,094
At 31st October 2023 1,989,396

Fair value at 31st October 2024 is represented by:
£   
Valuation in 2023 285,901
Cost 2,017,193
2,303,094

If investment properties had not been revalued they would have been included at the following historical cost:

31/10/24 31/10/23
£    £   
Cost 2,017,193 1,703,494

Investment properties were valued on fair value basis on 31st October 2024 by the director .

To arrive at fair value, the director uses his understanding of the condition of the property and recent comparable sales transactions of similar property discounted, where applicable, to reflect current condition of the property.

5. PROVISIONS FOR LIABILITIES
31/10/24 31/10/23
£    £   
Deferred tax
Other timing differences 71,475 71,475

Deferred
tax
£   
Balance at 1st November 2023 71,475
Balance at 31st October 2024 71,475

6. RESERVES
Fair
value
reserve
£   
At 1st November 2023
and 31st October 2024 214,426

MINNIE B LIMITED (REGISTERED NUMBER: 11017075)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST OCTOBER 2024

7. RELATED PARTY DISCLOSURES

During the year Minnie B Limited let and managed residential properties on behalf of Hambledon View Developments Limited, a company under common control and directorship.

During the year, property management fees of £35,875 (2023: £25,600) were charged by Minnie B Limited to Hambledon View Developments Limited. In addition, Minnie B Limited purchased investment properties from Hambledon View Developments Limited for £300,000. No balances were outstanding at the year end in respect of these transactions.

As at the balance sheet date, an amount of £560,000 is included within creditors falling due within one year, representing the liability in respect of the transfer of properties from Hambledon View Developments Limited. The amount is repayable on demand and non-interest bearing.