REGISTERED NUMBER: 12189271 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MILDMAY HIGH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Grunfeld

REGISTERED OFFICE:

115 Craven Park Road

London

London

N15 6BL

REGISTERED NUMBER:

12189271 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

1,518,017

1,517,369

CURRENT ASSETS

Cash at bank

45,654

3,431

CREDITORS

Amounts falling due within one year

5

(634,952

)

(1,099,207

)

NET CURRENT LIABILITIES

(589,298

)

(1,095,776

)

TOTAL ASSETS LESS CURRENT LIABILITIES

928,719

421,593

CREDITORS

Amounts falling due after more than one year

6

(1,087,957

)

(571,220

)

NET LIABILITIES

(159,238

)

(149,627

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

(159,239

)

(149,628

)

SHAREHOLDERS' FUNDS

(159,238

)

(149,627

)

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 9 September 2025 and were signed by:

S Grunfeld - Director

1.	STATUTORY INFORMATION

Mildmay High Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

1,517,369

Additions

648

At 30 September 2024

1,518,017

NET BOOK VALUE

At 30 September 2024

1,518,017

At 30 September 2023

1,517,369

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

-

450,209

Trade creditors

138,831

156,163

Other creditors

496,121

492,835

634,952

1,099,207

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

1,068,700

543,725

Other creditors

19,257

27,495

1,087,957

571,220

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,068,700

543,725

Repayable by instalments

Other loans more 5yrs instal

19,257

27,495

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.24

30.9.23

£

£

Bank loans

1,068,700

993,934

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

1

Ordinary

1

1

1

9.

RESERVES

Retained

earnings

£

At 1 October 2023

(149,628

)

Deficit for the year

(9,611

)

At 30 September 2024

(159,239

)

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Grunfeld.