ACCOUNTS - Final Accounts preparation

Company registration number: 09150100

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JULY 2025

	MIRAVAL LIMITED


MIRAVAL LIMITED

COMPANY INFORMATION

Directors	A D Loustau
	M D Kiely


Registered number	09150100


Registered office	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


MIRAVAL LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 5


MIRAVAL LIMITED REGISTERED NUMBER:09150100

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£

Fixed assets
Investments			1,543,302		1,543,302
			1,543,302		1,543,302
Current assets
Cash at bank and in hand		12,441		11,205
		12,441		11,205
Creditors: amounts falling due within one year	5	(89,977)		(78,101)
Net current liabilities			(77,536)		(66,896)
Total assets less current liabilities			1,465,766		1,476,406
Creditors: amounts falling due after more than one year			(1,302,101)		(1,318,101)
Provisions for liabilities			(26,688)		(26,688)
Net assets			136,977		131,617

Capital and reserves
Called up share capital	100	100
Investment property fair value	126,070	126,070
Retained earnings	10,807	5,447
	136,977	131,617

Page 1


MIRAVAL LIMITED REGISTERED NUMBER:09150100

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

A D Loustau

Director

Date: 15 November 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


MIRAVAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

Miraval 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue represents the total value of rents receivable from the letting of investment properties throughout the course of the year.
Revenue is recognised as rents become due for payment to the company.

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3


MIRAVAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 August 2024	1,543,302
	At 31 July 2025	1,543,302

The 2025 valuations were made by the directors, on an open market value for existing use basis.

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	8,059	6,155
Other creditors	80,118	70,446
Accruals and deferred income	1,800	1,500
	89,977	78,101

Page 4


MIRAVAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other creditors	1,302,101	1,318,101
	1,302,101	1,318,101

Related party transactions

At the reporting date the company owed £80,118 (2024: £70,446) to the directors. The balance can be found within creditors due within one year and no interest is being charged on this.
At the reporting date, also, the company owed a further £1,302,101 (2024: £1,318,101) to the directors. The balance can be found within creditors due after more than one year and no interest is being charged on this.

Page 5