MINIVIEW PROPERTIES LIMITED Company accounts

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