REGISTERED NUMBER: 10152696 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MIARIS GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S. Miaris

SECRETARY:

Mr S. Miaris

REGISTERED OFFICE:

128 Stoke Lane

Westbury-on-Trym

Bristol

BS9 3RJ

REGISTERED NUMBER:

10152696 (England and Wales)

ACCOUNTANTS:

LARKOS & PARTNERS

128 STOKE LANE

WESTBURY ON TRYM

BRISTOL

BS9 3RJ

FIXED ASSETS

Intangible assets

4

-

720,000

Tangible assets

5

1,807,624

933,144

1,807,624

1,653,144

CURRENT ASSETS

Debtors

6

34,947

35,693

Cash at bank

23,926

6,854

58,873

42,547

CREDITORS

Amounts falling due within one year

7

57,073

61,552

NET CURRENT ASSETS/(LIABILITIES)

1,800

(19,005

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,809,424

1,634,139

CREDITORS

Amounts falling due after more than one year

8

1,626,105

1,530,215

NET ASSETS

183,319

103,924

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

10

183,119

103,724

SHAREHOLDERS' FUNDS

183,319

103,924

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Director the director and authorised for issue on 28 November 2025 and were signed by:

Mr S. Miaris - Director

1.	STATUTORY INFORMATION

Miaris Group 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

720,000

Disposals

(720,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

720,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

503,042

73,000

466,183

1,042,225

Additions

847,120

-

91,876

938,996

At 31 March 2025

1,350,162

73,000

558,059

1,981,221

DEPRECIATION

At 1 April 2024

-

10,950

98,131

109,081

Charge for year

-

9,308

55,208

64,516

At 31 March 2025

-

20,258

153,339

173,597

NET BOOK VALUE

At 31 March 2025

1,350,162

52,742

404,720

1,807,624

At 31 March 2024

503,042

62,050

368,052

933,144

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

2,275

5,905

Landlords - Tenant's Deposit

20,500

20,500

VAT

9,216

7,321

Prepayments

2,956

1,967

34,947

35,693

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

14,266

41,384

Company Credit Card

16,659

-

Corporation Tax

803

-

Directors' current accounts

20,243

18,000

Accrued expenses

5,102

2,168

57,073

61,552

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Inter Company Loans

1,626,105

1,530,215

Amounts falling due in more than five years:

Repayable by instalments

Inter Company Loans

1,626,105

1,530,215

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

100

Ordinary A

1

100

100

100

Ordinary B

1

100

100

200

200

10.

RESERVES

Retained

earnings

£

At 1 April 2024

103,724

Profit for the year

79,395

At 31 March 2025

183,119