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COMPANY REGISTRATION NUMBER: 03883580

MINIVIEW PROPERTIES LIMITED

Unaudited Financial Statements

31 December 2024

MINIVIEW PROPERTIES LIMITED

Financial Statements

Year ended 31 December 2024

Contents | Page

Officers and professional advisers | 1

Directors' report | 2

Statement of income and retained earnings | 4

Statement of financial position | 5

Notes to the financial statements | 7

The following pages do not form part of the financial statements

Accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 13

MINIVIEW PROPERTIES LIMITED

Officers and Professional Advisers

The board of directors | Mr P. A Amin
| Ms Shital Amin
| Dr Nishal Amin
| Ms Nita Amin

Company secretary | Dr Nishal Amin

Registered office | 781-783 Harrow Road
| Sudbury Town
| Wembley
| Middlesex
| HAO 2LP

Accountants | AMCO Consultancy Limited
| Accountants
| 781-783 Harrow Road
| Sudbury Town
| Wembley
| United Kingdom
| HA0 2LP

MINIVIEW PROPERTIES LIMITED

Directors' Report

Year ended 31 December 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .
Directors
The directors who served the company during the year were as follows:

Mr P. A Amin |
Ms Shital Amin |
Dr Nishal Amin |
Ms Nita Amin |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 27 July 2025 and signed on behalf of the board by:

Mr P. A Amin | Dr Nishal Amin
Director | Company Secretary

Registered office:
781-783 Harrow Road
Sudbury Town
Wembley
Middlesex
HAO 2LP

MINIVIEW PROPERTIES LIMITED

Statement of Income and Retained Earnings

Year ended 31 December 2024

| 2024 | 2023
Note | £ | £
Turnover | 124,588 | 54,236

| ---------- | ---------
Gross profit | 124,588 | 54,236

Administrative expenses | 73,302 | 71,983
| ---------- | ---------
Operating profit/(loss) | 51,286 | ( 17,747)

Other interest receivable and similar income | 257 | –
|  | ---------- | ---------
Profit/(loss) before taxation | 6 | 51,543 | ( 17,747)

Tax on profit from ordinary activities | 7,963 | –
| --------- | ---------
Profit/(loss) for the financial year and total comprehensive income | 43,580 | ( 17,747)
| --------- | ---------

Retained earnings at the start of the year | 470,067 | 487,814
| ---------- | ----------
Retained earnings at the end of the year | 513,647 | 470,067
| ---------- | ----------

All the activities of the company are from continuing operations.

MINIVIEW PROPERTIES LIMITED

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £

Fixed assets

Tangible assets | 7 |  | 1,509,855 | 1,510,181

Current assets

Debtors | 8 | 2,450 |  | 24,215
Cash at bank and in hand | 84,460 |  | 19,090
| --------- |  | ---------
| 86,910 |  | 43,305

Creditors: amounts falling due within one year | 9 | 27,987 |  | 18,703
| --------- |  | ---------
Net current assets |  | 58,923 | 24,602
|  | ------------- | -------------
Total assets less current liabilities |  | 1,568,778 | 1,534,783

Creditors: amounts falling due after more than one year | 10 |  | 191,944 | 205,358

Provisions

Deferred taxation on revaluation |  | 90,123 | 90,123

Accruals and deferred income |  | 4,737 | 908
|  | ------------- | -------------
Net assets |  | 1,281,974 | 1,238,394
|  | ------------- | -------------

Capital and reserves

Called up share capital |  | 100 | 100
Revaluation reserve |  | 768,227 | 768,227
Profit and loss account |  | 513,647 | 470,067
|  | ------------- | -------------
Shareholders funds |  | 1,281,974 | 1,238,394
|  | ------------- | -------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the 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:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MINIVIEW PROPERTIES LIMITED

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 29 July 2025 , and are signed on behalf of the board by:

Mr P. A Amin | Ms Shital Amin
Director | Director

Dr Nishal Amin | Ms Nita Amin
Director | Director

Company registration number: 03883580

MINIVIEW PROPERTIES LIMITED

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 781-783 Harrow Road, Sudbury Town, Wembley, HAO 2LP, Middlesex.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
Current corporation tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the current tax rates and laws that have been enacted
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 18% reducing balance
| Fixtures and Fittings | - | 18% reducing balance

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 3 ).
5. Director's fees: Voted
The directors' aggregate remuneration in respect of qualifying services was:

| 2024 | 2023
| £ | £
Remuneration | 44,000 | 30,000
| --------- | ---------

The directors remuneration stated above represents directors fees voted on the 22nd December 2024 £44,000 (2023: 23rd December 2023: £30,000) on which PAYE have been paid.
6. Profit before taxation
Profit before taxation is stated after charging:

| 2024 | 2023
| £ | £
Depreciation of tangible assets | 1,725 | 538
| ------- | ----

7. Tangible assets

| Land and buildings | Plant and machinery | Fixtures and fittings | Total
| £ | £ | £ | £
At cost or at valuation |  |  |  |
At 1 January 2024 | 1,502,000 | 4,696 | 9,526 | 1,516,222
Additions during the year | – | 1,399 | – | 1,399
| ------------- | ------- | ------- | -------------
At 31 December 2024 | 1,502,000 | 6,095 | 9,526 | 1,517,621
| ------------- | ------- | ------- | -------------
Depreciation |  |  |  |
At 1 January 2024 | – | 1,981 | 4,060 | 6,041
Charge for the year | – | 741 | 984 | 1,725
| ------------- | ------- | ------- | -------------
At 31 December 2024 | – | 2,722 | 5,044 | 7,766
| ------------- | ------- | ------- | -------------
Carrying amount |  |  |  |
At 31 December 2024 | 1,502,000 | 3,373 | 4,482 | 1,509,855
| ------------- | ------- | ------- | -------------
At 31 December 2023 | 1,502,000 | 2,715 | 5,466 | 1,510,181
| ------------- | ------- | ------- | -------------

Land and building appearing in note 7 is held as an investment property and was revalued by the Ringley Surveyors Limited (Member of Royal Institute of Chartered Surveyors)on the 6th January 2022 at fair market value.
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Freehold property
| £
At 31 December 2024 |
Aggregate cost | 643,650
Aggregate depreciation | –
| ----------
Carrying value | 643,650
| ----------

At 31 December 2023 |
Aggregate cost | 643,650
Aggregate depreciation | –
| ----------
Carrying value | 643,650
| ----------

8. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 2,450 | 24,199
Other debtors | – | 16
| ------- | ---------
| 2,450 | 24,215
| ------- | ---------

9. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 20,040 | 18,703
Corporation tax | 7,947 | –
| --------- | ---------
| 27,987 | 18,703
| --------- | ---------

10. Creditors: amounts falling due after more than one year

| 2024 | 2023
| £ | £
Other creditors | 191,944 | 205,358
| ---------- | ----------

Creditors amounts falling due after more than one year represents the Directors'loan accounts £191,944(2023 £205,358) as stated in note 13 below.
11. Deferred tax
The deferred tax included in the statement of financial position is as follows:

| 2024 | 2023
| £ | £
Included in provisions | 90,123 | 90,123
| --------- | ---------

The deferred tax account consists of the tax effect of timing differences in respect of:

| 2024 | 2023
| £ | £
Revaluation of tangible assets | 90,123 | 90,123
| --------- | ---------

12. Financial instruments
Financial instruments comprising bank loan liability and creditors are measured at fair value taking into account timing and certainty of future cash flow and also the amount of any impairment loss for each class of financial assets.
13. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2024
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr P. A Amin | ( 49,976) | ( 14,787) | 12,756 | ( 52,007)
| Ms Shital Amin | ( 51,872) | ( 8,000) | – | ( 59,872)
| Dr Nishal Amin | ( 38,096) | ( 4,800) | 132 | ( 42,764)
| Ms Nita Amin | ( 65,414) | ( 8,387) | 36,500 | ( 37,301)
|  | ---------- | --------- | --------- | ----------
|  | ( 205,358) | ( 35,974) | 49,388 | ( 191,944)
|  | ---------- | --------- | --------- | ----------

| 2023
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr P. A Amin | ( 20,180) | ( 39,535) | 9,739 | ( 49,976)
| Ms Shital Amin | ( 44,672) | ( 9,000) | 1,800 | ( 51,872)
| Dr Nishal Amin | ( 38,096) | – | – | ( 38,096)
| Ms Nita Amin | ( 58,958) | ( 9,000) | 2,544 | ( 65,414)
|  | ---------- | --------- | --------- | ----------
|  | ( 161,906) | ( 57,535) | 14,083 | ( 205,358)
|  | ---------- | --------- | --------- | ----------

MINIVIEW PROPERTIES LIMITED

Management Information

Year ended 31 December 2024
The following pages do not form part of the financial statements.

MINIVIEW PROPERTIES LIMITED

Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of MINIVIEW PROPERTIES LIMITED

Year ended 31 December 2024
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2024, which comprise the statement of income and retained earnings, statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
AMCO Consultancy Limited Accountants
781-783 Harrow Road Sudbury Town Wembley United Kingdom HA0 2LP
25 July 2025