MINIA & CO. LTD


Directors	Mrs A Vekaria
	Mr C H Vekaria


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	09140102 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,705		4,396
			3,705		4,396
Current assets
Debtors	4	4,805		11,157
Cash at bank and on hand		76,589		144,101
		81,394		155,258
Creditors amounts falling due within one year	5	(24,117)		(87,689)
Net current assets (liabilities)			57,277		67,569
Total assets less current liabilities			60,982		71,965
Creditors amounts falling due after one year	6		(2,672)		(10,904)
Provisions for liabilities	7		(930)		(1,099)
Net assets			57,380		59,962
Capital and reserves
Called up share capital			105		105
Profit and loss account			57,275		59,857
Shareholders' funds			57,380		59,962

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 April 2026, and are signed on its behalf by:

Mr C H Vekaria
Director
Registered Company No. 09140102

MINIA & CO. LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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 and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 August 24	13,317	2,355	15,672
Additions	-	499	499
At 31 July 25	13,317	2,854	16,171
Depreciation and impairment
At 01 August 24	9,610	1,666	11,276
Charge for year	556	634	1,190
At 31 July 25	10,166	2,300	12,466
Net book value
At 31 July 25	3,151	554	3,705
At 31 July 24	3,707	689	4,396

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	4,360	7,012
Amounts owed by group undertakings	-	1,140
Other debtors	445	3,005
Total	4,805	11,157

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	8,200	4,100
Bank borrowings and overdrafts	8,627	67,522
Amounts owed to related parties	5,555	-
Taxation and social security	235	14,567
Accrued liabilities and deferred income	1,500	1,500
Total	24,117	87,689

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,672	10,904
Total	2,672	10,904

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	930	1,099
Total	930	1,099

8.	Related party transactions
	At the balance sheet date, the company owed by the director an amount of £Nil (2024: £58,896). The amount is interest free and repayable on demand. At the balance sheet date, an amount of £5,556 (2024: £1,140 owed by) was owed to Minia Estates Ltd, a company related by virtue of the fact that they are under common control.