REGISTERED NUMBER: 11988363 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MYANA PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Brown

Mrs M J G Brown

REGISTERED OFFICE:

Lothing House

7 Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

11988363 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

4

580,868

270,176

CURRENT ASSETS

Stocks

-

313,381

Debtors

5

39,187

39,139

Cash at bank

32,512

20,440

71,699

372,960

CREDITORS

Amounts falling due within one year

6

(380,160

)

(400,034

)

NET CURRENT LIABILITIES

(308,461

)

(27,074

)

TOTAL ASSETS LESS CURRENT LIABILITIES

272,407

243,102

CREDITORS

Amounts falling due after more than one year

7

(176,429

)

(182,978

)

NET ASSETS

95,978

60,124

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

95,878

60,024

SHAREHOLDERS' FUNDS

95,978

60,124

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 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 30 December 2025 and were signed on its behalf by:

R G Brown - Director

1.	STATUTORY INFORMATION

Myana Property Ltd 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.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

238,170

56,634

294,804

Additions

313,380

3,287

316,667

At 31 March 2025

551,550

59,921

611,471

DEPRECIATION

At 1 April 2024

-

24,628

24,628

Charge for year

-

5,975

5,975

At 31 March 2025

-

30,603

30,603

NET BOOK VALUE

At 31 March 2025

551,550

29,318

580,868

At 31 March 2024

238,170

32,006

270,176

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

31,662

26,467

Other debtors

7,525

12,672

39,187

39,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

1,950

Trade creditors

3,329

1,832

Taxation and social security

9,564

(4,328

)

Other creditors

367,267

400,580

380,160

400,034

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

172,465

172,465

Hire purchase contracts

3,964

10,513

176,429

182,978

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

172,465

172,465

8.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors Mr & Mrs R Brown as holders of the entire share capital of the company throughout the entire period.

The company also operates a loan account with the directors and as at 31 March 2025 the balance was correctly stated at £34,872.