THE MIRAI GROUP LIMITED


Director	MACRAE, Conor Cameron


Registered Address	Phoenix House Ground Floor Left
	Phoenix Business Park
	Paisley
	PA1 2BH


Registered Number	SC651712 (Scotland)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		834		1,251
			834		1,251
Current assets
Debtors		35		13,209
Cash at bank and on hand		-		427
		35		13,636
Creditors amounts falling due within one year	4	(78,318)		(71,007)
Net current assets (liabilities)			(78,283)		(57,371)
Total assets less current liabilities			(77,449)		(56,120)
Net assets			(77,449)		(56,120)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(77,549)		(56,220)
Shareholders' funds			(77,449)		(56,120)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 October 2025, and are signed on its behalf by:

MACRAE, Conor Cameron
Director
Registered Company No. SC651712

THE MIRAI GROUP LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 24	4,141	4,141
At 31 January 25	4,141	4,141
Depreciation and impairment
At 01 February 24	2,890	2,890
Charge for year	417	417
At 31 January 25	3,307	3,307
Net book value
At 31 January 25	834	834
At 31 January 24	1,251	1,251

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	41,171	37,896
Bank borrowings and overdrafts	35,119	28,081
Taxation and social security	2,028	5,030
Total	78,318	71,007


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.