Silverfin false false 31/12/2025 01/01/2025 31/12/2025 J M Leonard 17/01/2013 A A Missri 17/01/2013 Y A Missri 17/01/2013 A B Missri 17/01/2013 15 April 2026 The principal activity of the Company is that of property development. 08364594 2025-12-31 08364594 bus:Director1 2025-12-31 08364594 bus:Director2 2025-12-31 08364594 bus:Director3 2025-12-31 08364594 bus:Director4 2025-12-31 08364594 2024-12-31 08364594 core:CurrentFinancialInstruments 2025-12-31 08364594 core:CurrentFinancialInstruments 2024-12-31 08364594 core:ShareCapital 2025-12-31 08364594 core:ShareCapital 2024-12-31 08364594 core:RetainedEarningsAccumulatedLosses 2025-12-31 08364594 core:RetainedEarningsAccumulatedLosses 2024-12-31 08364594 core:CurrentFinancialInstruments core:Secured 2025-12-31 08364594 bus:OrdinaryShareClass1 2025-12-31 08364594 bus:OrdinaryShareClass2 2025-12-31 08364594 bus:OrdinaryShareClass3 2025-12-31 08364594 bus:OrdinaryShareClass4 2025-12-31 08364594 bus:OrdinaryShareClass5 2025-12-31 08364594 bus:OtherShareClass1 2025-12-31 08364594 2025-01-01 2025-12-31 08364594 bus:FilletedAccounts 2025-01-01 2025-12-31 08364594 bus:SmallEntities 2025-01-01 2025-12-31 08364594 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 08364594 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08364594 bus:Director1 2025-01-01 2025-12-31 08364594 bus:Director2 2025-01-01 2025-12-31 08364594 bus:Director3 2025-01-01 2025-12-31 08364594 bus:Director4 2025-01-01 2025-12-31 08364594 2024-01-01 2024-12-31 08364594 core:CurrentFinancialInstruments 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 08364594 bus:OrdinaryShareClass2 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 08364594 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass3 2024-01-01 2024-12-31 08364594 bus:OrdinaryShareClass4 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass4 2024-01-01 2024-12-31 08364594 bus:OrdinaryShareClass5 2025-01-01 2025-12-31 08364594 bus:OrdinaryShareClass5 2024-01-01 2024-12-31 08364594 bus:OtherShareClass1 2025-01-01 2025-12-31 08364594 bus:OtherShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08364594 (England and Wales)

# MIZMO INVESTMENTS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

MIZMO INVESTMENTS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

MIZMO INVESTMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
MIZMO INVESTMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Stocks | 3 | 14,122,119 |  | 13,051,554
Debtors | 4 | 396,117 |  | 434,596
Cash at bank and in hand |  | 161,958 |  | 267,851
|  | 14,680,194 |  | 13,754,001
Creditors: amounts falling due within one year | 5 | ( 13,565,598) |  | ( 11,941,101)
Net current assets |  | 1,114,596 |  | 1,812,900
Total assets less current liabilities |  | 1,114,596 |  | 1,812,900
Net assets |  | 1,114,596 |  | 1,812,900
Capital and reserves |  |  |  |
Called-up share capital | 6 | 401 |  | 401
Profit and loss account |  | 1,114,195 |  | 1,812,499
Total shareholders' funds |  | 1,114,596 |  | 1,812,900

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Mizmo Investments Limited (registered number: 08364594) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

A B Missri Director |

15 April 2026

MIZMO INVESTMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
MIZMO INVESTMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Mizmo Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Income and Retained Earnings.

##### Turnover

Turnover comprises revenue on the sale of properties. Revenue is recognised when there is an unconditional exchange during the accounting period.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Stocks

Stocks are stated at the lower of cost and net realisable value. Cost includes all direct costs associated with the purchase and subsequent improvement of properties. The purchase of properties is recognised within the accounts on unconditional exchange.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

##### Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to and from related parties.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractualobligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 4 |  | 4

#### 3. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 14,122,119 |  | 13,051,554

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 90,194 |  | 63,802
Other debtors | 305,923 |  | 370,794
| 396,117 |  | 434,596

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 13,106,000 |  | 11,531,000
Accruals and deferred income | 249,397 |  | 201,530
Other creditors | 210,201 |  | 208,571
| 13,565,598 |  | 11,941,101

Within bank loans and overdrafts, there are bank loans of £13,106,000 (2024: £11,531,000) which are secured over the properties held within stock and are repayable at the end of their fixed terms.
The directors have given personal guarantees over the interest payable on these bank loans.

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1 Ordinary A share of £ 1.00 | 1 |  | 1
80 Ordinary B shares of £ 1.00 each | 80 |  | 80
80 Ordinary C shares of £ 1.00 each | 80 |  | 80
80 Ordinary D shares of £ 1.00 each | 80 |  | 80
80 Ordinary E shares of £ 1.00 each | 80 |  | 80
80 Ordinary F shares of £ 1.00 each | 80 |  | 80
| 401 |  | 401

#### 7. Related party transactions

Included within other debtors is a loan of £282,642 (2024: £342,642) due from a company with a shared director. This balance is secured, interest charged at the Base Rate and the loan is repayable on demand.
Also included within other debtors is a balance of £nil (2024: £4,509) due from another company with shared directors. This balance is unsecured and interest free, with no fixed repayment terms.