REGISTERED NUMBER: 01548234 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Mieland Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E F O'Reilly

Mrs N T O'Reilly

REGISTERED OFFICE:

14A Market Place

Uttoxeter

Staffordshire

ST14 8HP

REGISTERED NUMBER:

01548234 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Investment property

4

170,000

170,000

CURRENT ASSETS

Debtors

5

500

1,501

Cash at bank

12,169

2,886

12,669

4,387

CREDITORS

Amounts falling due within one year

6

4,604

2,852

NET CURRENT ASSETS

8,065

1,535

TOTAL ASSETS LESS CURRENT LIABILITIES

178,065

171,535

PROVISIONS FOR LIABILITIES

25,489

25,489

NET ASSETS

152,576

146,046

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

84,845

84,845

Retained earnings

67,631

61,101

SHAREHOLDERS' FUNDS

152,576

146,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th October 2025 and were signed on its behalf by:

Mr E F O'Reilly - Director

1.	STATUTORY INFORMATION

Mieland 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax. Turnover is recognised in the financial period to which the rents relate.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

170,000

NET BOOK VALUE

At 31st March 2025

170,000

At 31st March 2024

170,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2019

40,334

Valuation in 2023

70,000

Cost

59,666

170,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

59,666

59,666

Investment property was valued on an open market basis on 31st March 2025 by the directors of the company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

500

1,501

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

2,032

1,502

Other creditors

2,572

1,350

4,604

2,852

7.

RESERVES

Fair

value

reserve

£

At 1st April 2024

and 31st March 2025

84,845