IRIS Accounts Production v26.1.0.640 15899464 Board of Directors 15.8.24 31.8.25 31.8.25 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 15899464 2024-08-14 15899464 2025-08-31 15899464 2024-08-15 2025-08-31 15899464 2024-08-14 15899464 ns15:EnglandWales 2024-08-15 2025-08-31 15899464 ns14:PoundSterling 2024-08-15 2025-08-31 15899464 ns10:Director1 2024-08-15 2025-08-31 15899464 ns10:PrivateLimitedCompanyLtd 2024-08-15 2025-08-31 15899464 ns10:SmallEntities 2024-08-15 2025-08-31 15899464 ns10:AuditExempt-NoAccountantsReport 2024-08-15 2025-08-31 15899464 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-15 2025-08-31 15899464 ns10:SmallCompaniesRegimeForAccounts 2024-08-15 2025-08-31 15899464 ns10:FullAccounts 2024-08-15 2025-08-31 15899464 ns10:Director2 2024-08-15 2025-08-31 15899464 ns10:RegisteredOffice 2024-08-15 2025-08-31 15899464 ns5:CurrentFinancialInstruments 2025-08-31 15899464 ns5:ShareCapital 2025-08-31 15899464 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 15899464 ns5:PlantMachinery 2024-08-15 2025-08-31 15899464 ns5:PlantMachinery 2025-08-31 15899464 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31

REGISTERED NUMBER: 15899464 (England and Wales)

| Unaudited Financial Statements |

| for the Period 15 August 2024 to 31 August 2025 |

| for |

| MIHALSA Limited |

| MIHALSA Limited (Registered number: 15899464) |

Contents of the Financial Statements

for the period 15 August 2024 to 31 August 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| MIHALSA Limited |

Company Information

for the period 15 August 2024 to 31 August 2025

| DIRECTORS: | Mrs E L Sims

| D T Sims

| REGISTERED OFFICE: | Datum House

| Electra Way

| Crewe

| Cheshire

| CW1 6ZF

| REGISTERED NUMBER: | 15899464 (England and Wales)

| ACCOUNTANTS: | Banks Sheridan

| Datum House

| Electra Way

| Crewe

| Cheshire

| CW1 6ZF

| MIHALSA Limited (Registered number: 15899464) |

Statement of Financial Position

31 August 2025

| Notes | £ |

| FIXED ASSETS

| Tangible assets | 5 | 124 |  |

| CURRENT ASSETS

| Debtors: amounts falling due within one year | 6 | 1,785 |  |

| CREDITORS

| Amounts falling due within one year | 7 | (10,416 | ) |

| NET CURRENT LIABILITIES | (8,631 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | (8,507 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 100 |  |

| Retained earnings | (8,607 | ) |

| SHAREHOLDERS' FUNDS | (8,507 | ) |

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2026 and were signed on its behalf by:

D T Sims - Director

| MIHALSA Limited (Registered number: 15899464) |

Notes to the Financial Statements

for the period 15 August 2024 to 31 August 2025

1. | STATUTORY INFORMATION

| Mihalsa Limited ('The Company') is primarily engaged in the development of leisure and entertainment software

| The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF. The registered number can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| The principal accounting policies applied in the preparation of these financial statements are set out below.

| These policies have been consistently applied to all years presented, unless otherwise stated.

| Basis of preparation

| The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

| Going concern

| No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director, notwithstanding the net asset deficiency at the year end. These views are based on their plans for the future and the continuing personal support they will provide to the company, if and when required.

| On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

| Income is recognised when services have been delivered to the customer.

| Tangible fixed assets

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

| Gym equipment | - | 25% on cost

| Taxation

| Taxation for the period 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 statement of financial position date.

| MIHALSA Limited (Registered number: 15899464) |

Notes to the Financial Statements - continued

for the period 15 August 2024 to 31 August 2025

3. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

5. | TANGIBLE FIXED ASSETS

| Gym

| equipment

£ |

| COST

| Additions | 166 |  |

| At 31 August 2025 | 166 |  |

| DEPRECIATION

| Charge for period | 42 |  |

| At 31 August 2025 | 42 |  |

| NET BOOK VALUE

| At 31 August 2025 | 124 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade debtors | 1,785 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other creditors | 10,416 |  |