Mirani Invest Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13151851 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Mirani Invest Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

600

970

Investment property

5

1,550,000

1,550,600

1,550,970

CURRENT ASSETS

Debtors

6

2,927

2,548

Cash at bank

2,905

2,285

5,832

4,833

CREDITORS

Amounts falling due within one year

7

532,511

531,942

NET CURRENT LIABILITIES

(526,679

)

(527,109

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,023,921

1,023,861

CREDITORS

Amounts falling due after more than
one year

8

1,245,123

1,216,123

NET LIABILITIES

(221,202

)

(192,262

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

(221,302

)

(192,362

)

SHAREHOLDERS' FUNDS

(221,202

)

(192,262

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 8 December 2025 and were signed on its behalf by:

Mr Laurens Zweitse Mirani - Director

1.	STATUTORY INFORMATION

Mirani Invest Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13151851

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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 represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

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.

Going concern

The company has net liabilities of £221,202. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 February 2024

and 31 January 2025

1,478

DEPRECIATION

At 1 February 2024

508

Charge for year

370

At 31 January 2025

878

NET BOOK VALUE

At 31 January 2025

600

At 31 January 2024

970

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 February 2024

and 31 January 2025

1,550,000

NET BOOK VALUE

At 31 January 2025

1,550,000

At 31 January 2024

1,550,000

Investment property situated at 6-8 Victoria Square, Weston Super Mare, BS23 1AW is under a charge from Castle Trust Capital PLC. The charge was created on 31st August 2022.

Investment property situated at 81-83 Park Road, Blackpool FY1 4JF is under a charge from Castle Trust Capital PLC. The charge was created on 31st August 2022.

Cost or valuation at 31 January 2025 is represented by:

£

Valuation in 2024

(78,871

)

Cost

1,628,871

1,550,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Other debtors

2,927

2,548

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Other creditors

532,511

531,942

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.1.25

31.1.24

£

Bank loans

1,136,025

Other creditors

109,098

80,098

1,245,123

1,216,123

31.1.25

31.1.24

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,136,025

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

Bank loans

1,136,025

The loan amounting to £803,250 is secured by the way of charge on the property situated at 6-8 Victoria Square, Weston Super Mare, BS23 1AW (disclosed as investment property). The charge was created in the name of Castle Trust Capital PLC on 31st August 2022.

The loan amounting to £332,775 is secured by the way of charge on the property situated at 81-83 Park Road, Blackpool FY1 4JF (disclosed as investment property). The charge was created in the name of Castle Trust Capital PLC on 31st August 2022.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

100

Ordinary

£1

100

11.	RELATED PARTY DISCLOSURES

The company was owed £201 (owes 2024: £804) from its director, Mr Laurens Zweitse Mirani as at accounting year end date.

The company owes £465 (2024: £804) to its director, Miss Merel Johanna Petronella Ypinga as at accounting year end date.

The company owes £426,648 including €516,500 (2024: £449,352 including €527,000) to Mirani Holding B.V. a company registered in Netherlands (Company registered number: 005993775) as at accounting year end date, who is also a sole shareholder of the company as at accounting year end date.

The company owes £109,098 (2024: £80,098) as at accounting year end date to Mirani Properties Ltd, a company registered in United Kingdom (Company registered number: 13151863). Mr Laurens Zweitse Mirani and Miss Merel Johanna Petronella Ypinga are also directors of this company.