MIHRICAN LTD - Filleted accounts

Registered number

10867482

MIHRICAN LTD

Filleted Accounts

2 August 2025

MIHRICAN LTD
Registered number:		10867482
Balance Sheet
as at 2 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			2,873

Current assets
Stocks		-			1,420
Debtors	4	6,375			15,725
Cash at bank and in hand		9,088			9,646
		15,463			26,791

Creditors: amounts falling due within one year	5	(4,568)			(6,184)

Net current assets			10,895			20,607

Net assets			10,895			23,480

Capital and reserves
Called up share capital			100			100
Profit and loss account			10,795			23,380

Shareholder's funds			10,895			23,480

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.





Mehmet BALCI
Director
Approved by the board on 21 January 2026

MIHRICAN LTD
Notes to the Accounts
for the period from 1 August 2024 to 2 August 2025


1	Accounting policies


	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, as follows:


	Fixtures, fittings & equipment	18% Reducing balance


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


	Taxation
	A corporation tax liability is recognised for the tax payable on the taxable profit. Corporation tax liability is not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		3		3


3	Tangible fixed assets
					Fix, fittings & equipment
£
	Cost
	At 1 August 2024				7,634
	Disposals				(7,634)
	At 2 August 2025				-

	Depreciation
	At 1 August 2024				4,761
	On disposals				(4,761)
	At 2 August 2025				-

	Net book value
	At 2 August 2025				-
	At 31 July 2024				2,873


4	Debtors		2025		2024
£				£

	Prepayments & other debtors		6,375		15,725


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		-		539
	Taxation and social security costs		4,568		5,645
			4,568		6,184


6	Other information

	MIHRICAN LTD is a private company limited by shares and incorporated in England. Its registered office is:
	312 Kennington Park Road
	Lambeth
	London
	SE11 4PP